← All listings

For Sale

279 ST ANDREW Street, Lower Town – Sandy Hill, ON K1N 5G8

$1,399,900

  • Investment
  • MLS® X13517736

Listing Brokerage: CENTURY 21 SYNERGY REALTY INC

Description

Rare opportunity to acquire a large parcel in one of Ottawa's most strategic downtown locations. This solid six-unit building features five 1-bedroom units and one spacious 3-bedroom unit, with the sale also including the adjacent parking lot, creating a substantial land holding just minutes from Parliament Hill, Foreign Affairs, the ByWard Market, the University of Ottawa, and countless shops, restaurants, and employment hubs. The property can be taken over as a turnkey income-producing investment with all units currently tenanted, providing immediate rental revenue, or reimagined as a future redevelopment site in a highly desirable urban location. Combined with the generous yard and parking area, this offering presents exceptional potential for investors, developers, and land bankers alike. Property is being sold in "as-is, where-is" condition. 6.2% cap rate. All units are tenanted and a minimum of 24 hours' notice is required for all showings.

Property details

MLS® number
X13517736
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
4002 - Lower Town
City
Lower Town - Sandy Hill
Building area
0.135 Acres
Lot width
59.43 Feet
Lot depth
99.47 Feet
Heating
Baseboard
Cooling
No
Garage
None
Taxes
$18,619.00
Tax year
2025
Business type
Apts - 6 To 12 Units
Listing brokerage
CENTURY 21 SYNERGY REALTY INC

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing information is deemed reliable but is not guaranteed accurate by PROPTX. Listings shown are a selection of properties from the IDX data feed and do not represent all MLS® listings. Data last updated October 19, 2026 at 1:54 pm.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. REALTOR® is a trademark controlled by CREA.

Request Free Evaluation