52 St Andrew Street
FOR SALE
$1,470,000
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6
BEDROOMS4
BATHROOMS4
KITCHENS10
ROOMSX12921288
MLSIDContact Us
Property Description
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!
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Property Features
Water Heater Owned
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Property Details
Address
52 St Andrew Street
Community
Postal Code
K1N 5E9
Property Type
Fourplex, Fourplex
Lot Size
33' x 100'
Acreage
3,316.5 Feet
Taxes
$10,155 (2026
Basement
Partially Finished
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Garage Type
None
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Listing contracted with Exp Realty
Prime, turnkey fourplex in the heart of Sandy Hill with strong cash flow and future upside. Welcome to 339 Chapel Street, a beautifully maintained, tenanted income property in one of Ottawa's most popular rental neighborhoods, steps to the University of Ottawa, transit, parks, the Rideau River, and minutes to downtown. This solid asset is comprised of three (3) well designed 2-bedroom units plus one (1) exceptionally spacious 1 bedroom unit. Tenants enjoy separate hydro meters, in-unit laundry, updated finishes, and functional layouts that consistently attract quality renters.2025 gross income: $98,611 approx, delivering an estimated NOI of $70,205 with room for rent optimization over time. Recent improvements provide peace of mind and long-term durability, including windows and metal roof (2021), plus modernized kitchens and bathrooms, updated flooring, and refreshed decks, porches, exterior entryways. The building also features an on-demand tankless hot water system (rental).Extra value add features set this property apart: a sauna in the second floor unit, a large rear deck, second floor balcony, private backyard, and four (4) on-site parking spaces with potential for added revenue. Three of the four units are furnished and most furnishings are included in the sale (excluding the basement unit furnishings).A rare opportunity to acquire a stress free, well maintained multifamily asset in an A+ location, ideal for investors seeking stable income today with meaningful upside tomorrow.
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