152 Goulburn Avenue, Ottawa, Ontario K1N 8E2 (29474757)

12 Bedrooms

6 Bathrooms

3,500 - 5,000 sqft Interior

5 Parking spaces

40.3 X 100 Ft Lot size

None

About this home

Turnkey prime investment opportunity. Purpose-built legal 6 unit multifamily in the heart of Sandy Hill. Very desirable rental market neighbourhood walking distance to Ottawa University. Stately all brick building. GOI $138, 257. Expenses $29,689. NOI $108,568. Currently offering at a 5% cap rate. Well maintained. Provides steady returns. Never a vacancy. Cooperative tenants. 2 one bedroom units, 2 two bedroom units and 2 three bedroom units. Very spacious units with eat-in kitchens and large living rooms. 5 units have a washer and dryer. Also included: 6 fridges, 6 stoves, 2 hood fans and 6 hot water tanks. 5 parking spaces behind the building. Currently only two are rented. Updates include: Repaired foundation masonry/repair foundation spray foam in 2025 ($5200), Replaced boiler venting in 2024 ($3978), New washer/dryer in Unit 5 in 2023($1604), Full patch and paint for Unit 2 in 2022 ($1700), Added attic insulation in 2020 ($2316), Flushed, reamed and installed liner on main plumbing stack to City connection in 2017 ($6600), New front first floor windows 2016, Appliances between 2011-2016, Apt 5 completely renovated in 2015, Front porch/balcony 2012 & 2016, Roof 2011, Copper wiring 2011, Natural gas boiler 2006 and many more minor improvements. Walking distance to UOttawa LRT Station, the Rideau Centre, ByWard Market, Strathcona Park, Rideau River, etc. Financials, 2025 Fire report and rent roll attached. 24 hours notice is required for showings. (id:28469)

Facts & features

Property

MLS® Number: X12886580
Property Type: Multi-family
Community Name: 4004 - Sandy Hill
Amenities Near By: Park, Public Transit
Parking Space Total: 5

Building

Bathroom Total: 6
Bedrooms Above Ground: 12
Bedrooms Total: 12
Amenities: Separate Electricity Meters, Separate Heating Controls
Appliances: Water Heater, Dryer, Hood Fan, Stove, Washer, Refrigerator
Basement Development: Partially Finished
Basement Features: Apartment In Basement
Basement Type: N/a (partially Finished), N/a
Cooling Type: None
Exterior Finish: Brick, Vinyl Siding
Foundation Type: Stone
Heating Fuel: Natural Gas
Stories Total: 3
Size Interior: 3,500 - 5,000 Sqft
Type: Other
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Land Amenities: Park, Public Transit
Sewer: Sanitary Sewer
Size Depth: 100 Ft
Size Frontage: 40 Ft ,3 In
Size Irregular: 40.3 X 100 Ft
Size Total Text: 40.3 X 100 Ft

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Location

152 Goulburn Avenue, Ottawa, Ontario K1N 8E2 · Get directions