158 St Andrew Street

Introducing a remarkable opportunity with this Multi-Family Home for sale in Ottawa , located at 158 St Andrew Street, Ottawa. This well-maintained triplex is situated in the vibrant and sought-after neighbourhood of Lower Town/Byward Market, making it an ideal choice for both investors and owner-occupants alike. With its prime location, just minutes from downtown, this property provides exceptional access to the Byward Market, Parliament Hill, and the University of Ottawa, placing the best of the city right at your doorstep.

The property boasts a total of 17 rooms, including six spacious bedrooms and three bathrooms, catering to a variety of living arrangements. The main-floor unit is particularly versatile, featuring 3-4 bedrooms, a generous living and dining area, and a delightful screened-in porch. This space is perfect for tenants who may be working from home, offering flexible options for an office setup. The additional two units consist of two well-appointed 2-bedroom apartments, providing an excellent opportunity for consistent rental income. This Multi-Family Home for sale in Ottawa is truly a rare find, combining ample living space with the potential for profitability.

The building itself is a two-storey multiplex, constructed from brick and other materials, ensuring durability and a classic aesthetic. While the property does not feature a central vacuum system, air conditioning, or a fireplace, it is equipped with three kitchens, allowing for ease of meal preparation across the different units. The heating system is water-based, and the home is connected to municipal water and sewer services, providing essential amenities for comfortable living.

Parking is a significant advantage of this property, as it includes a detached garage space and additional parking for two vehicles, a rare convenience in central Ottawa. The lot measures 33 by 94 feet, offering ample outdoor space without the burden of additional land. Although there is no pool on the premises, the proximity to bike paths along the Rideau Canal and major downtown attractions makes this Multi-Family Home for sale in Ottawa an excellent choice for outdoor enthusiasts and those who appreciate an active lifestyle.

Living at 158 St Andrew Street, Ottawa, means being surrounded by a wealth of amenities. The neighbourhood is rich in restaurants, shops, and entertainment options, ensuring that residents have everything they need within easy reach. Public transit options are also readily available, making commuting a breeze. This property is particularly appealing to students, professionals, and families who value both convenience and community.

As an unfurnished property, this triplex offers the perfect blank canvas for potential buyers to personalise and make their own. Whether you are looking to occupy one unit while renting out the others or seeking to add a solid income property to your portfolio, this Multi-Family Home for sale in Ottawa presents an exceptional opportunity.

In summary, 158 St Andrew Street, Ottawa, is a fantastic triplex that combines an ideal location, versatile living spaces, and the potential for substantial rental income. With its six bedrooms, three bathrooms, and three kitchens, this property is well-equipped to meet the needs of a variety of tenants. The on-site parking and garage further enhance its appeal, making it a must-see for anyone interested in a Multi-Family Home for sale in Ottawa. Don’t miss out on this unique opportunity to invest in one of Ottawa's most desirable areas!

Lower Town/Byward Market is a vibrant and historic neighbourhood in Ottawa, renowned for its lively atmosphere and rich cultural tapestry. Nestled just east of the Rideau Canal, this area is characterised by its charming cobblestone streets, eclectic mix of shops, and a diverse array of restaurants and cafés that cater to every palate. The Byward Market itself is a bustling hub, offering fresh produce, artisanal goods, and local crafts, making it a delightful destination for both residents and visitors alike. With its close proximity to key landmarks, including the National Gallery of Canada and the iconic Parliament Hill, Lower Town/Byward Market provides an engaging urban lifestyle, perfect for those who appreciate a dynamic community infused with history and creativity.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest is York Street Public School, just 0.8 km away, offering English instruction for grades JK to 6, with a school rating of 5.2. For older elementary students, Glashan Public School is 2.6 km away, serving grades 7 to 8, although it currently has a school rating of 0. Secondary education options include Lisgar Collegiate Institute, located 1.4 km from the property, which has a strong rating of 7.9 for grades 9 to 12. Additionally, Elgin Street Public School, 1.9 km away, offers French instruction for grades JK to 6 and boasts a rating of 7.5. Hopewell Avenue Public School, 4.4 km from the property, provides French education for grades JK to 8 and has an impressive rating of 9. For Catholic education, St. Brigid School is 1.9 km away for grades JK to 6 with a rating of 5.5, while Immaculata High School, 2.7 km away, serves grades 7 to 12 with a rating of 5.8. Overall, this area offers a diverse range of educational options for families.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 585 residents, with an average household size of 1.6 individuals. The demographic profile reveals an average age of 41.6 years and a robust average household income of $92,400. Notably, 8.8% of the population falls under the low-income category. The housing market reflects an average price of $570,000, with a significant proportion of the community being renters at 65.28%. Single individuals make up a substantial 60.91% of the population, while households with children account for 15.38%. The community is also diverse, with 15.52% of residents being immigrants. Educational attainment is high, with 77.06% of the population holding a college or university degree. However, a notable 29.36% of residents are not in the labor force. Additionally, condos represent 20.83% of the housing options available in the area. This demographic snapshot indicates a well-educated, predominantly single population with a significant number of renters, highlighting both the challenges and opportunities within the local real estate market.