12 Bedrooms

6 Bathrooms

3,500 - 5,000 sqft Interior

5 Parking spaces

40.3 X 100 Ft Lot size

5 days ago Listed

None Finished basement

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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 U Ottawa 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: X13819170
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: 10
Bedrooms Below Ground: 2
Bedrooms Total: 12
Amenities: Separate Heating Controls, Separate Electricity Meters
Appliances: Dryer, Hood Fan, Stove, Washer, Refrigerator
Basement Development: Finished
Basement Type: N/a (finished)
Cooling Type: None
Exterior Finish: Brick, Vinyl Siding
Foundation Type: Stone
Heating Fuel: Natural Gas
Stories Total: 2
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.

Cost of ownership

Est. monthly payment: $8,847/mo
Ontario land transfer tax: $36,435 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Sandy Hill market

25 Active listings

$874,900 Median asking price

128% above median This home

35 days Avg. time on market

Browse all Sandy Hill listings →

Location

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

152 Goulburn Avenue