225 St. Patrick Street
4001 - Lower Town/Byward Market, Lower Town - Sandy Hill, K1N 5K2
$2,925,000
Reduced $25,000 from $2,950,000
Listed 153 days ago · MLS® X13148126
About this home
Exceptional investment opportunity in the heart of Ottawa's vibrant ByWard Market. This well-maintained 9-unit building offers strong rental demand, stable income potential, and excellent long-term appreciation in one of the city's most sought-after downtown locations. Ideal opportunity for investors looking to add a solid multi-family asset to their portfolio. Numerous recent capital improvements include front porch (2026), rear addition (2023), and several interior upgrades throughout the years. Excellent suite mix with reliable tenants already in place, offering steady cash flow with future rental upside potential. Highly desirable rental location popular with hospital staff, young professionals, and students seeking convenient downtown living. Property features some on-site parking and is within walking distance to transit, restaurants, shopping, universities, entertainment, and major employment centres .Rare opportunity to own a turnkey income-producing property in the heart of Ottawa's ByWard Market area. 48 hours notice required for all showings. 48 hours irrevocable on all offers. Rent roll and financials available upon request.
Details
- Type
- Investment
- Lot
- 33 × 110 ft
- Garage
- Other
- Property tax
- $20,800 (2026)
- Neighbourhood
- 4001 - Lower Town/Byward Market
- Municipality
- Lower Town - Sandy Hill
Heating, cooling and services
- Heating
- Radiant
- Utilities
- Available
Building and exterior
- Building area
- 3,638 Square Feet
More
- Possession
- T.B.A
- Cross street
- St.Paatrick St. & Dalhouise St.
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
- 🚇 Rideau LRT8 min walk
- 🚇 Parliament LRT18 min walk
Within a 10-minute walk: 4 grocery stores, 148 cafés and restaurants, 13 parks, 9 pharmacies. Nearest grocery: Baskin-Robbins (350 m). Nearest park: Raphael Brunet Park (250 m).
Schools nearby
Elementary
- York Street Public School
EQAO: Gr 6 reading 65%, math 20%14 min walk - École élémentaire catholique Sainte-Anne Catholic · French
EQAO: Gr 6 reading 100%, math 81%15 min walk - École Notre-Dame du Mont Carmel French · Private16 min walk
- École élémentaire publique Francojeunesse French
EQAO: Gr 6 reading 96%, math 80%1.2 km
Secondary
- École secondaire publique De la Salle French13 min walk
- Lisgar Collegiate Institute
EQAO: Gr 9 math 73%, literacy test 91%1.2 km - MacDonald-Cartier Academy Private1.4 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area K1N
- Owners / renters
- 24% / 76%
- Median household income
- $64,000
- Average age
- 40
- Children under 15
- 9%
- Homes
- 4% detached, 49% high-rise
- Commute by transit
- 23%
- Population
- 26,639
Languages spoken most at home besides English: Mandarin 1.5%, Arabic 1.3%, Spanish 0.9%, Somali 0.6%.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).
Living here
Commute
To downtown Ottawa: 1 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by RE/MAX DELTA REALTY TEAM.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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