Commercial Listings logoCommercial Listings

$1,399,900

279 ST ANDREW Street, Lower Town - Sandy Hill, ON K1N 5G8

Lower Town - Sandy Hill

Square feet
0
Type
Investment
AI summary
Reading the listing details…

About this listing

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.

Property details

Days on market
3 days
Property taxes
$18,619/yr (2025)
Lot size
59.43 × 99.47 Feet
Heating
Baseboard
Cooling
No

Payment calculator

$279,980 (20%)
%
Estimated payment
$6,198 /mo
Mortgage amount
$1,119,920

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

View Walk Score, Transit Score & Bike Score

Walkability, transit, and bike-friendliness for 279 ST ANDREW Street, Lower Town - Sandy Hill, ON K1N 5G8

Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.

MLS# X13517736

Listed by CENTURY 21 SYNERGY REALTY INC

On market since Jul 3, 2026

Similar listings

About 279 ST ANDREW Street, Lower Town - Sandy Hill, ON K1N 5G8

How much is 279 ST ANDREW Street, Lower Town - Sandy Hill, ON K1N 5G8?

279 ST ANDREW Street, Lower Town - Sandy Hill, ON K1N 5G8 is listed for $1,399,900 CAD.

What type of property is 279 ST ANDREW Street, Lower Town - Sandy Hill, ON K1N 5G8?

279 ST ANDREW Street, Lower Town - Sandy Hill, ON K1N 5G8 is a Investment.

What neighbourhood is 279 ST ANDREW Street, Lower Town - Sandy Hill, ON K1N 5G8 in?

279 ST ANDREW Street, Lower Town - Sandy Hill, ON K1N 5G8 is in Lower Town - Sandy Hill, Ontario.

Is 279 ST ANDREW Street, Lower Town - Sandy Hill, ON K1N 5G8 for sale or for rent?

279 ST ANDREW Street, Lower Town - Sandy Hill, ON K1N 5G8 is currently for sale.

How do I book a showing for 279 ST ANDREW Street, Lower Town - Sandy Hill, ON K1N 5G8?

Contact Michael Mezheritsky at 4167164439 to arrange a private showing of 279 ST ANDREW Street, Lower Town - Sandy Hill, ON K1N 5G8 (MLS# X13517736). You can also send a message through the contact form on this site.