$525,000
For sale: Multiplex

Welcome to 277 St. Patrick Street, a charming semi-detached duplex in the heart of downtown Ottawa! An excellent opportunity for investors looking to add an income-generating property to their portfolio in a highly desirable central location.Featuring two self-contained units, each with its own private entrance, and in-unit laundry, this property offers convenience, privacy, and a practical setup for both tenants and investors. Both units are currently rented for $1,800 per month each, generating $3,600 in monthly rental income ($43,200 annually).The main-floor unit features a functional 1-bedroom layout with a kitchen, 3-piece bathroom, in-unit laundry, and direct access to an outdoor deck.The upper-level unit offers 2 bedrooms, bright living spaces, charming exposed brick accents, an efficient kitchen, 3-piece bathroom, in-unit laundry, and a private balcony, creating a comfortable and inviting living space.Located just steps from the ByWard Market and minutes from Parliament Hill, Rideau Centre, restaurants, cafés, shopping, and public transit, this property puts tenants in the centre of everything downtown Ottawa has to offer.With two income-producing units already in place, separate hydro meters, and a prime downtown location, 277 St. Patrick Street presents a great opportunity to invest in Ottawa's rental market. Don't miss your chance to add this centrally located duplex to your investment portfolio!
Sold data
Homes in Lower Town Byward Market took a median of 49 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 73, across 59 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 111 days.
The median sale price was $424,900.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 59 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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