52 ST ANDREW STREET, Ottawa

$1,329,000

For sale: Multiplex

Multiplex at 52 ST ANDREW STREET, Ottawa
Property type
Fourplex
Bedrooms / bathrooms
6 bedrooms, 4 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13709820
Neighbourhood
4001 - Lower Town/Byward Market

Investors, this is an exceptional opportunity. This fully renovated fourplex is situated in the heart of downtown Ottawa, offering a high walk score and unparalleled access to Sussex Drive, the Byward Market, the Ottawa River/Canal, and the Rideau Centre. Residents will enjoy immediate proximity to restaurants, shopping, public transit, and essential amenities. This turnkey property is a strong income-generating asset in a high-demand rental market, featuring three fully occupied units and one lucrative Airbnb unit - two two-bedroom and two one-bedroom apartments. Each unit has been thoughtfully upgraded with contemporary kitchens, stainless steel appliances, spacious living areas, and modern full bathrooms, designed for comfortable urban living. An added advantage is the on-site parking at the rear of the building, a highly sought-after feature in this desirable downtown location. This turnkey fourplex is a high-performing income-generating property, bringing in $8,355 to $10,500/month ($100,266 to $126,000/year) depending on seasonal demand, with low expenses making it a fantastic investment opportunity in a prime location. With the added flexibility of creative financing options, including VTB possibilities, this is a rare opportunity to secure a truly unique property. Don't miss your chance - schedule a private showing today!

Sold data

Homes in Lower Town Byward Market — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 111 days.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.

Median days to sell
49
Median sale price
$424,900
Sale-to-list ratio
96.3%
Sold above asking
7%

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

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 52 ST ANDREW STREET