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For Sale

292-294 Clarence Street

4002 - Lower Town, Lower Town - Sandy Hill, ON
$854,500
6Bd
2Ba
2,750+sqft
2Parking
36.5 x 74 ftlot
$311/sqft
Semi-DetachedMLS# X12812038Listed 2026-02-23123 DOM
Cooling
Central Air
Basement
Unfinished

On the market for 123 days — longer than average. The seller may be open to negotiation.

About this home

An exceptional opportunity in the heart of Ottawa's vibrant ByWard Market - this semi-detached property offers BOTH 294 & 292 Clarence Street for sale together. Rarely does a full side-by-side building become available in this prime downtown location. Whether you're an investor looking to expand your portfolio, a buyer seeking multi-generational living, or someone wanting to live in one unit while generating rental income from the other, this property delivers flexibility and long-term upside. Situated steps from the Market, restaurants, cafés, public transit, and Ottawa's core amenities, the location ensures strong rental demand and walkability. With two separate units under one roof, the possibilities include: dual income streams, redevelopment, sever the buildings and re-list one half, or future value appreciation in one of the city's most established neighbourhoods.

Features

  • None
  • Unfinished
  • Full
  • Central Air
  • 2-Storey

Financials

Annual Taxes
$7,971.33

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Rental yield6.3% – 9.8%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Lower Town - Sandy Hill

Days on market123 days
Buyer's MarketSeller's Market

Based on active listings in Lower Town - Sandy Hill. Data updates daily.

Our estimate for this home

Priced 45.3% below estimate
Estimated range
$1.44M$1.68M
Mid-point $1.56M · ~$568/sqft
How this listing compares
$1.44MList · $855K$1.68M
High confidence·Based on 327 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$854,500
292-294 Clarence Street, Lower Town - Sandy Hill
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