Size
-
Lot size
4033 sqft
Street frontage
-
Possession
Immediate
Price per sqft
$415 - $593
Taxes
$12,677.41 (2025)
Parking Type
-
Style
3-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 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.
Broker: MARILYN WILSON DREAM PROPERTIES INC.
MLS®#: X12886580
Property details
Parking:
5
Parking type:
-
Property type:
Multiplex
Heating type:
Water
Style:
3-Storey
MLS Size:
3500-5000 sqft
Lot front:
40 Ft
Lot depth:
100 Ft
Listed on:
Mar 16, 2026
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Instant estimate:
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$125,925
lower than listed pricei
High
$2,046,529
Mid
$1,949,075
Low
$1,851,622
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