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Investment signal

$659,900

24 PATRO STREET

Save this home

Beds

4

Baths

2

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Perfectly situated in Ottawa's historic Lower Town, this versatile 4-bedroom home presents a rare opportunity for both homeowners and investors. Enjoy it as a spacious single-family residence or take advantage of its potential to be converted back into a duplex. The main level features a bright, open-concept kitchen, living, and dining area-ideal for everyday living and entertaining-along with a well-sized bedroom and full bathroom. Step outside to a beautifully landscaped, private garden oasis, offering a peaceful escape in the heart of the city. Upstairs, gleaming hardwood floors lead to three generously sized bedrooms and a full bathroom. The primary bedroom offers direct access to a private deck overlooking the garden-perfect for morning coffee or relaxing evenings. Just steps to the vibrant ByWard Market, Rideau River, scenic parks, and the charming Edinburgh neighbourhood, this home combines urban convenience with a sense of tranquillity. A truly unique property with exceptional flexibility-don't miss this opportunity. (id:65958)

Subtype
Single Family
Structure
House
Community
4002 - Lower Town
Common interest
Freehold
Lot dimensions
33 x 66 FT
Bedrooms
4 above grade, 0 below grade
Parking
1 total
Stories
2
Fireplace
1
On market
Apr 21, 2026
Status changed
Apr 24, 2026
Annual tax
$7,574.3
Zoning
N5B H(18)
Photos
34
MLS#
X13025180
Area
OTTAWA

Features and systems

Parking

CarportNo Garage

Basement

FinishedN/A

Appliances

WasherRefrigeratorWater meterDishwasherStoveDryerHood Fan

Heating

Baseboard heatersElectric

Cooling

Wall unit

Exterior

Vinyl siding

Foundation

Block
Negative cash flow ~$747/mo at these assumptions

Cash on cash

-6.79%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,087

Financing

Down payment$131,980
Loan amount$527,920
Mortgage$2,675/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$302
Insurance$80
Maintenance$550
CapEx reserve$275
Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,675/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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