225 St. Patrick Street, Ottawa
Exceptional investment opportunity in the heart of Ottawa's vibrant ByWard Market. This well-maintained 9-unit building offers strong rental demand, stable income potential, and excellent long-term appreciation in one of the city's most sought-after downtown locations. Ideal opportunity for investors looking to add a solid multi-family asset to their portfolio. Numerous recent capital improvements include front porch (2026), rear addition (2023), and several interior upgrades throughout the years. Excellent suite mix with reliable tenants already in place, offering steady cash flow with future rental upside potential. Highly desirable rental location popular with hospital staff, young professionals, and students seeking convenient downtown living. Property features some on-site parking and is within walking distance to transit, restaurants, shopping, universities, entertainment, and major employment centres .Rare opportunity to own a turnkey income-producing property in the heart of Ottawa's ByWard Market area. 48 hours notice required for all showings. 48 hours irrevocable on all offers. Rent roll and financials available upon request. (id:1945)
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Property details for 225 St. Patrick Street, Ottawa
- Type
- Multi-family
- Living Area
- 3,638 square feet
- Lot Size
- Bldg=33 x 110 FT
- Parking
- Other
- Heating
- Radiant heat
- Cooling
- None
- Annual Taxes
- $20,800
Nearby Listings Stat
Estimated price and comparable properties near 225 St. Patrick Street
Active Listings
546
Min Price
$2,200
Max Price
$12,000,000
Avg Price
$858,979
Days on Market
82
days
Sold Listings
171
Min Sold Price
$54,900
Max Sold Price
$12,000,000
Avg Sold Price
$743,869
Days until Sold
84
days
Neighbourhood Census Data
Ottawa, Ontario
Population
505
Median Age
34.3
Median Income
$44,288
Dwelling Value
$410,753
Housing Tenure
Owners 29%
Renters 71%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.4
Pop. Density: 7,255.7/km²
Avg Shelter Cost: $1,731/mo
Owners with Mortgage: 72.2%
Owners Spending 30%+: 26.3%
Tenants Spending 30%+: 51.1%
English only: 46.5%
English and French: 52.5%
Median Household Income: $67,584
Median Employment Income: $40,576
Price History
Listed
May 20, 2026
by RE/MAX DELTA REALTY TEAM
Current Price
$2,925,000
-0.8% from last change
Type
Multi-family
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $2,925,000 | $25,000 (-0.8%) |
| Aug 17, 2026 | $2,950,000 | Listed |
