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$2,175,000
Available - For Sale
Listing ID: X12650768
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 and 2 hood fans. 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.
Price $2,175,000
Taxes: $12,677.41
Occupancy by: Tenant
Address: 152 Goulburn Avenue , Lower Town - Sandy Hill, K1N 8E2, Ottawa
Directions/Cross Streets: Goulburn Avenue & Somerset Street East
Rooms: 32
Bedrooms: 12
Bedrooms +: 0
Washrooms: 6
Family Room: T
Basement: Partially Fi
Apartment
No. of Pieces Level
Washroom 1:  4 Lower
Washroom 2:  4 Main
Washroom 3:  4 Upper
Washroom 4:  0
Washroom 5:  0
Property Type: Multiplex
Style: 3-Storey
Exterior: Brick
Vinyl Siding
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 5
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 3500-5000
Property Features: Park
Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Water
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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MARILYN WILSON DREAM PROPERTIES INC.

152 Goulburn Avenue , Lower Town - Sandy Hill, K1N 8E2, Ottawa

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Multiplex
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4004 - Sandy Hill
Style: 3-Storey
Lot Size: x 100.00(Feet)
Approximate Age:
Tax: $12,677.41
Maintenance Fee: $0
Beds: 12
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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