ACTIVE
26 Aylmer Avenue Ottawa, Ontario K1S 2W9
$1,699,000
8 Beds 6 Bath 3,500 - 5,000 ft<sup>2</sup>
Central Air ConditioningForced Air
Incredible investment opportunity in Old Ottawa South! Large multi-unit on expansive 30' x 161' lot newer 3,000 sqft addition containing 3 additional apartments plus main front house. All 4 apartments tenanted. One 3-Bedroom unit, two 2-Bedroom units and one 1 Bedroom unit. The older front of home unit has been updated with hardwood floors, granite countertops and newer cabinetry and updated bathroom - it has it's own Furnace (2020), A/C (2017) and Hot Water Tank (Rental). New addition completed in 2017 with 2 Furnaces and 2 Central Air units. 3 Hydro meters, 3 gas meters and 1 water meter. All units have in-unit laundry. Sump pump 2017, Roof 2017. City of Ottawa has suggested plan of a 5-plex for potential income increase. Building is legal as it stands. Current total gross monthly rental income is $11,349.31. Annual gross income: $131,055.00. Annual expenses: $24,288.30. Annual net income: $106,766.70. Motivated vendor. PROPERTY SOLD AS IS WHERE. Cap rate: 6.3%. (id:28469)
Property Details
- MLS® Number
- X12604836
- Property Type
- Multi-family
- Neighbourhood
- Old Ottawa South
- Community Name
- 4403 - Old Ottawa South
- Equipment Type
- Water Heater
- Parking Space Total
- 2
- Rental Equipment Type
- Water Heater
Building
- Bathroom Total
- 6
- Bedrooms Above Ground
- 8
- Bedrooms Total
- 8
- Appliances
- Dishwasher, Dryer, Two Stoves, Washer, Refrigerator
- Basement Development
- Finished
- Basement Type
- N/a (finished)
- Cooling Type
- Central Air Conditioning
- Exterior Finish
- Brick, Vinyl Siding
- Foundation Type
- Concrete, Stone
- Heating Fuel
- Natural Gas
- Heating Type
- Forced Air
- Stories Total
- 3
- Size Interior
- 3,500 - 5,000 Ft<sup>2</sup>
- Type
- Other
- Utility Water
- Municipal Water
Parking
Land
- Acreage
- No
- Sewer
- Sanitary Sewer
- Size Depth
- 162 Ft
- Size Frontage
- 30 Ft ,4 In
- Size Irregular
- 30.4 X 162 Ft
- Size Total Text
- 30.4 X 162 Ft
- Zoning Description
- R3
Neighbourhood
Paul Mccunn
Salesperson
www.paulmccunn.com/
Royal LePage Performance Realty
#201-1500 Bank Street
Ottawa, Ontario K1H 7Z2
#201-1500 Bank Street
Ottawa, Ontario K1H 7Z2
(613) 733-9100
(613) 733-1450
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February 05 2026 09:52:40
Ottawa Real Estate Board
Royal LePage Performance Realty