279 St Andrew Street, Ottawa
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. (id:1945)
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Property details for 279 St Andrew Street, Ottawa
- Type
- Multi-family
- Living Area
- 0 sqft
- Lot Size
- 0.135
- Heating
- Baseboard heaters
- Cooling
- None
- Annual Taxes
- $18,619
Nearby Listings Stat
Estimated price and comparable properties near 279 St Andrew Street
Active Listings
540
Min Price
$2,200
Max Price
$12,000,000
Avg Price
$832,860
Days on Market
72
days
Sold Listings
170
Min Sold Price
$115,000
Max Sold Price
$12,000,000
Avg Sold Price
$800,116
Days until Sold
89
days
Price History
Listed
July 3, 2026
by CENTURY 21 SYNERGY REALTY INC
Current Price
$1,399,900
-6.6% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $1,399,900 | $99,100 (-6.6%) |
| Jul 3, 2026 | $1,499,000 | Listed |