$1,399,900
( $238.05Per Sq Foot )
 $7,515 est/mo Sourced by Back At You

279 St Andrew Street,Lower Town - Sandy Hill, ON K1N 5G8

Lower Town - Sandy Hill, ON K1N 5G8

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Description

Rare opportunity to acquire a large parcel in one of Ottawa's most strategic downtown locations. This solid six-unit building features five 1-bedroom units and one spacious 3-bedroom unit, with the sale also including the adjacent parking lot, creating a substantial land holding just minutes from Parliament Hill, Foreign Affairs, the ByWard Market, the University of Ottawa, and countless shops, restaurants, and employment hubs. The property can be taken over as a turnkey income-producing investment with all units currently tenanted, providing immediate rental revenue, or reimagined as a future redevelopment site in a highly desirable urban location. Combined with the generous yard and parking area, this offering presents exceptional potential for investors, developers, and land bankers alike. Property is being sold in "as-is, where-is" condition. 6.2% cap rate. All units are tenanted and a minimum of 24 hours' notice is required for all showings.

Details

MLS #X13517736
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site117
Listing Provided ByCENTURY 21 SYNERGY REALTY INC | X13517736 485600

Features

SQ Feet5,880
Acreage0.14

Interior

CoolingNo

Exterior

Community FeaturesPublic Transit

Utilities

UtilitiesYes

Taxes

Tax Annual Amount18619
Tax TypeAnnual
Tax Legal DescriptionPT LTS 6 & 7, PL 1223 , N/S ST. ANDREW ST, AS IN NS77923; S/T & T/W NS77923 PARTIALLY RELEASED BY N504604 ; OTTAWA/NEPEAN
Tax Year2025

Area Information

ProvinceON
CountyOttawa
CityLower Town - Sandy Hill
Postal CodeK1N 5G8
Area4002 Lower Town
Listing VS Median (in K1N 5G8)
Price:
$1,399,900
low | high
Med:
$1,399,900
50% of Average
sqft:
5,880
low | high
Med:
5,880
50% of Average
$ / sqft:
$238
low | high
Med:
$238
50% of Average
On site:
117
low | high
Med:
117
100% of Average
Sourced by Back At You

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Additional Information


Showing Information


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Learn More About This Property

ProvinceON
CountyOttawa
CityLower Town - Sandy Hill
Postal CodeK1N 5G8
Area4002 Lower Town
Listing VS Median (in K1N 5G8)
Price:
$1,399,900
low | high
Med:
$1,399,900
50% of Average
sqft:
5,880
low | high
Med:
5,880
50% of Average
$ / sqft:
$238
low | high
Med:
$238
50% of Average
On site:
117
low | high
Med:
117
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 11:38:09 PM PDT