335-337 St Patrick Street Ottawa, Ontario K1N 5K6
$1,545,000
Exceptional 5236sf land development opportunity with AS OF RIGHT ZONING ALLOWING UP TO 16 UNITS in Ottawa's highly desirable Lower Town/Sandy Hill neighbourhood. See attached architect's note re: development potential. Currently improved with a well-maintained fourplex featuring four spacious 2-bedroom, 1-bath units, the property provides steady rental income and long-term investment flexibility. Recent updates include fire retrofit compliance, upgraded electrical service, new furnaces, modernized kitchens and bathrooms, and additional in-unit improvements all contributing to strong tenant appeal and operational stability. Ideally located just steps from the ByWard Market, Ottawa University, major transit lines, and an array of shops and restaurants, the property benefits from high demand among students, professionals, and urban renters. Whether you're an investor looking to hold for cash flow and appreciation or a developer ready to capitalize on the full potential of the site, this opportunity delivers exceptional value in one of the city's most dynamic and evolving neighbourhoods. (id:48755)
Property Details
| MLS® Number | X12088123 |
| Property Type | Vacant Land |
| Community Name | 4001 - Lower Town/Byward Market |
Building
| Appliances | Dishwasher, Dryer, Water Heater, Microwave, Stove, Washer, Refrigerator |
| Size Exterior | 3108 Sqft |
| Size Interior | 3108 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Irregular | Bldg=44.83 X 119.63 Acre |
| Size Total Text | Bldg=44.83 X 119.63 Acre |
| Zoning Description | R4ud |
Interested?
Contact us for more information
J-P Cote-Chartrand
Broker of Record
4 - 1130 Wellington St West
Ottawa, Ontario K1Y 2Z3
(613) 744-5000
(613) 744-5001
suttonottawa.ca/
Patrick Lamesse
Salesperson
patricklamesse.com/
www.facebook.com/profile.php?id=518663134
www.linkedin.com/in/patrick-lamesse-b5a32753/
4 - 1130 Wellington St West
Ottawa, Ontario K1Y 2Z3
(613) 744-5000
(613) 744-5001
suttonottawa.ca/
Matthew Reesor
Salesperson
4 - 1130 Wellington St West
Ottawa, Ontario K1Y 2Z3
(613) 744-5000
(613) 744-5001
suttonottawa.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
April 17 2025 01:23:34
Ottawa Real Estate Board
Sutton Group - Ottawa Realty