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335-337 St Patrick Street Ottawa, Ontario K1N 5K6

3,108 ft2

$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:37351)

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
SizeExterior 3108 Sqft
SizeInterior 3,108 Ft2
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeIrregular Bldg=44.83 X 119.63 Acre
SizeTotalText Bldg=44.83 X 119.63 Acre
ZoningDescription R4ud

https://www.realtor.ca/real-estate/28180131/335-337-st-patrick-street-ottawa-4001-lower-townbyward-market

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J-P Cote-Chartrand
Broker of Record

(613) 744-5000

Sutton Group - Ottawa Realty
4 - 1130 Wellington St West
Ottawa, Ontario K1Y 2Z3

(613) 744-5000
(613) 744-5001
suttonottawa.ca/

Patrick Lamesse
Salesperson

(613) 862-1619
patricklamesse.com/
www.facebook.com/profile.php?id=518663134
www.linkedin.com/in/patrick-lamesse-b5a32753/

Sutton Group - Ottawa Realty
4 - 1130 Wellington St West
Ottawa, Ontario K1Y 2Z3

(613) 744-5000
(613) 744-5001
suttonottawa.ca/

Matthew Reesor
Salesperson

(613) 807-0697

Sutton Group - Ottawa Realty
4 - 1130 Wellington St West
Ottawa, Ontario K1Y 2Z3

(613) 744-5000
(613) 744-5001
suttonottawa.ca/

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