Size
-
Lot size
4033 sqft
Street frontage
-
Possession
Immediate
Price per sqft
$400 - $571
Taxes
$12,677.41 (2025)
Parking Type
-
Style
2-Storey
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Description
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.
Broker: MARILYN WILSON DREAM PROPERTIES INC.
MLS®#: X13819170
Property details
Parking:
5
Parking type:
-
Property type:
Multiplex
Heating type:
Water
Style:
2-Storey
MLS Size:
3500-5000 sqft
Lot front:
40 Ft
Lot depth:
100 Ft
Listed on:
Sep 23, 2026
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Instant estimate:
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$106,492
lower than listed pricei
High
$1,986,084
Mid
$1,891,508
Low
$1,796,933
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