292-294 Clarence Street
Lower Town - Sandy Hill, ON
6 bed • 2 bath • approx. 2500-3000 sqft • Semi-Detached • 181 days on market
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.
Listing Details
- Taxes (2025)
- $7,971
- Originally Listed
- $879,500
- Listed
- February 23, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 51-99
- Construction
- Brick
- Roof
- Flat
- Foundation
- Unknown
- Interior
- None
- Lot Size
- 36.5 x 74 Feet
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- King Edward & Rideau
- Zoning
- R4T
- Parcel Number
- 042130123
- Possession
- Immediate
Commercial
- Occupancy
- Vacant
Included
- Inclusions
- NA
- Rental Items
- None
Schools
Elementary
- York Street Public School0.3 km
Public · Ottawa-Carleton DSB · 275 students
Grade 3 reading: 29% met the provincial standard · Grade 6 math: 20% met the provincial standard
- École élémentaire catholique Sainte-Anne0.3 km
French Catholic · CSDC du Centre-Est de l'Ontario · 305 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 81% met the provincial standard
- École élémentaire publique De la Salle0.4 km
French public · CÉP de l'Est de l'Ontario · 385 students
Secondary
- École secondaire publique De La Salle0.4 km
French public · CÉP de l'Est de l'Ontario · 950 students
Grade 10 literacy: 93% met the provincial standard
- Lisgar Collegiate Institute1.2 km
Public · Ottawa-Carleton DSB · 960 students
Grade 10 literacy: 91% met the provincial standard
- Urban Aboriginal Alternate High School2.3 km
Public · Ottawa-Carleton DSB
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K1N
- Population
- 26,639
- Private dwellings
- 17,122
- Median age
- 34
- Average household size
- 1.8
- Median household income
- $64,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Lower Town - Sandy Hill · last 12 months
- Median sold price
- $470,000
- Homes sold
- 227
- Median days on market
- 34
- Sale-to-list price
- 96.7%
Based on 227 recorded sales of residential freehold properties in Lower Town - Sandy Hill over the last 12 months.
Listed by
EXP REALTY
Location
Street View
Mortgage Calculator
$170,900
Estimated Monthly Payment
$4,198
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,198/mo (20% down, 5.5%)
Taxes: $664/mo · Insurance: $214/mo
Estimates only. Consult a financial advisor.
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