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335-337 ST PATRICK STREET, Ottawa, Ontario, K1N 5K6

MLS® # X12057657
Investment For Sale In Lowertown, Ottawa, Ontario
$1,545,000
335-337 St Patrick Street - 335-337 St Patrick Street, Ottawa, ON - Outdoor
335-337 St Patrick Street - 335-337 St Patrick Street, Ottawa, ON  - Outdoor
335-337 St Patrick Street, Ottawa, ON  - Outdoor
Potential Development Massing and set backs - 335-337 St Patrick Street, Ottawa, ON  - Other
335-337 St Patrick Street - 335-337 St Patrick Street, Ottawa, ON  - Outdoor
335-337 St Patrick Street, Ottawa, ON - Outdoor With Exterior
335-337 ST PATRICK STREET, Ottawa, Ontario, K1N 5K6
$1,545,000

Property Information:

An exceptional investment opportunity in the highly desirable Lower Town/Sandy Hill area! This well-maintained FOURPLEX on EXTRA LARGE LOT (44ft X 119ft) offers four generously sized 2-bedroom, 1-bathroom units, making it an excellent income-generating property with significant upside potential. Beyond its prime location, this property boasts a large lot, offering future development UP TO 16 UNITS or expansion possibilities - an added advantage for investors looking to maximize value. Recent updates, including fire retrofit compliance, modernized electrical services, new furnaces, updated kitchens and bathrooms, and in-unit enhancements, contribute to the property's long-term sustainability and rental appeal. With a proven history of steady cash flow, increasing property values in the area, and the potential for further enhancements, this is a rare opportunity to secure a multi-unit property in one of Ottawas most dynamic and evolving neighbourhoods. Ideally positioned just steps from the vibrant ByWard Market, Ottawa University, major transit routes, shopping, dining, and essential amenities, this property attracts a strong and consistent tenant base, including students, young professionals, and urban dwellers seeking convenience and accessibility. Whether you're looking to expand your real estate portfolio or capitalize on the growing demand for rental housing, this property checks all the boxes. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Exterior Finish:
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Appliances: Dishwasher, Dryer, Microwave, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 4
  • Features: Flat site
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 119.6 Feet
  • Lot Frontage: 44.8 Feet
  • Lot Size: 44.8 x 119.6 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Courtesy of: SUTTON GROUP - OTTAWA REALTY

REALTOR.ca  

Location of 335-337 ST PATRICK STREET, Ottawa, Ontario, K1N 5K6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 335-337 ST PATRICK STREET , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 335-337 ST PATRICK STREET , experiences 11 significant 2-day storms per year, with about 319.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 409.6mm of precipitation per year.

Precipitation Per Storm

Past
319.7mm
2050
409.6mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 335-337 ST PATRICK STREET, Ottawa, Ontario, K1N 5K6

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$114,755.76

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.29 %

High school certificate or equivalent

21.47 %

Apprenticeship trade certificate/diploma

2.38 %

College/non-university certificate

17.53 %

University certificate (below bachelor)

3.07 %

University Degree

47.26 %

Commuter

Travel To Work

By Car

35.26 %

By Public Transit

18.69 %

By Walking

38.53 %

By Bicycle

0.34 %

By Other Methods

7.18 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

81.98 %

Houses

18.02 %

Own Vs. Rent