227-229 St. Patrick Street

Lower Town/Byward Market, Ottawa · MLS® X13636552

House · Multi-family · 81 days on market

listed by ARMAN GHAHRAMANI, REALTRIS INC.

realtor's description

Attention builders, investors, and developers! A rare opportunity awaits in the heart of Ottawa's iconic ByWard Market. This prime property is surrounded by the city's best restaurants, shops, and nightlife-offering unbeatable convenience and appeal. With R4UD zoning in place, the potential for redevelopment is wide open, whether you're envisioning a modern multi-unit building, mixed-use project, or a strategic addition to your investment portfolio. Properties like this don't come around often-capitalize on this thriving, high-demand area and bring your next big project to life!

property details

type: House, Multi-family
parking: 4
property tax: $6,332 / yr
days on market: 81
MLS®: X13636552

monthly cost

$4,009/mo

Mortgage $3,481 · Tax $528

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,481/ monthly

loan $639,200

25-year amortization

down payment20% · $159,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $405,150
cash to close: $159,800; down payment; transfer tax and fees not included
total paid: $1,044,350

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.