22-24 St Francis Street
About this property
Turnkey income property in one of Ottawa's most sought-after neighbourhoods. This fully tenanted six unit building comprises two semi-detached buildings offering nine bedrooms across six units - three spacious two-bedroom units at No. 22 and three one-bedroom units (one with den) at No. 24 - generating strong income with excellent upside at renewal. Over $250,000 in capital improvements since 2010 including a modern gas boiler, all-new electrical panels, vinyl siding and windows, a comprehensive drainage system, new retaining wall, and professionally renovated kitchens and bathrooms with hardwood and ceramic flooring throughout. Unit 3-22 features a rooftop terrace with composite decking, and Building 24 has a newly constructed rear staircase with exclusive use decks - both exceptional lifestyle additions rarely found in multi-residential. The 6,225 sq ft lot (50 ft 124.5 ft) sits in the new N4B zone under Ottawa's 2026 Zoning By-law, presenting significant redevelopment or intensification potential while current income covers carrying costs. Eight dedicated parking spaces included. Steps to the Hintonburg shops along Wellington Street, the O-Train Bayview and Tunney's Pasture stations, the Ottawa River pathway, and a quick commute to the Civic Hospital and downtown. Low operating expenses and a proven rental market driven by young professionals, federal employees, and health care employees make this a compelling hold or build opportunity. Email today for the complete details.
Features & finishes
Property details
| MLS® Number | X12896488 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Commercial |
| Interior Size | 5,391 sq ft |
| Beds / Baths | 0 bed · 0 bath |
| Neighbourhood | 4203 - Hintonburg |
| City | West Centre Town |
| Postal Code | K1Y 1W5 |
| Province | ON |
| Listed Date | March 18, 2026 |
| Days on Market | 141 |
| Price per Sq Ft | $306 |
| Brokerage | ENGEL & VOLKERS OTTAWA |
Location
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