An investment property you would be proud to live in. Welcome 258 & 260 St. Andrew in Lower Town. This property enjoys the character of old construction and newer construction wrapped up into one investment. The original building at 258 St. Andrew was built in the 1950s and features a solid terrazzo floor entrance and three spacious units. 1 - one bedroom unit and 2 - two bedroom units. These units come with a fridge and stove and common coin operated washer and dryer. The heating system is boiler hot water radiant, and the roof was replaced in 2015. 260 St. Andrew was built in 2002 and consists of 3 - modern open concept styled units with two bedrooms each, two bedrooms on the main level and 2 - two story second and third level two bedroom units. These units each have their own furnace and A/C unit plus fridge, stove, washer & dryer. 2 parking spots for both buildings. Conveniently located close to Byward Market, Ottawa University and downtown Ottawa. These buildings have been well maintained and well cared for and are ready for the next investor. Gross income $105,069 with a net income of $64,919.
Address
258-260 St. Andrew Street
List Price
$1,599,900
MLS® Status
New
Expiration Date
2026-06-24
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
2-Storey
Transaction Type
For Sale
Area
Lower Town - Sandy Hill
Sub-Area
4002 - Lower Town
Region
Ottawa
Bedrooms
11
Bedrooms (Total)
11
Rooms Above Grade
30
Bathrooms
6
Floor Area
2000-2500 Sq. Ft.
Lot Depth
71.5
Lot Size Units
Feet
Lot Width
60
Occupant Type
Tenant
Cross Street
King Edward
MLS® Number
X12242756
Listing Brokerage
ROYAL LEPAGE TEAM REALTY
Basement Area
Unfinished
Postal Code
K1N 5G7
Posession Details
TBA
Parking
None
Parking Places (Total)
2
Tax Amount
$19,422.29
Tax Year
2025
Interior Features
None
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Source
Gas
Heat Type
Radiant
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
South
Fireplace
No
Foundation Details
Poured Concrete
Garage
No
Garage Type
None
Kitchens Total
6
Kitchens Above Grade
6
Pool Features
None
Roof
Membrane
Tax Legal Description
LT C, PL 9 , S/S ST. ANDREW ST ; OTTAWA/NEPEAN
Waterfront
No
Sewer
Sewer