121 Osgoode ST, Lower Town - Sandy Hill, ON K1N 6S5
121 Osgoode ST, Lower Town - Sandy Hill, ON K1N 6S5
121 Osgoode ST, Lower Town - Sandy Hill, ON K1N 6S5
121 Osgoode ST, Lower Town - Sandy Hill, ON K1N 6S5
121 Osgoode ST, Lower Town - Sandy Hill, ON K1N 6S5
121 Osgoode ST, Lower Town - Sandy Hill, ON K1N 6S5
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 1,320,000
Est. payment | /mo

8 Beds

4 Baths

Save
$ 1,320,000
Est. payment | /mo
Save

8 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 4004 - Sandy Hill

MLS Listing ID X12718764

Style 3-Storey

Bedrooms 8

Annual Tax Amount $9,127

Tax Year 2025

Property Sub-Type Triplex

Property Description

Exceptional turnkey investment opportunity in the heart of Sandy Hill, just one block from the University of Ottawa. This legal triplex with a secondary dwelling unit comprises four highly desirable, income-producing apartments, perfectly positioned for consistent student rental demand. Each thoughtfully updated suite features two bedrooms, one bathroom, hardwood flooring, and impressive high ceilings, creating bright and inviting living spaces. Recent capital improvements include a new roof (2016), furnace (2019), tankless hot water system (2011), rebuilt front porch (2025), and a newly renovated kitchen in Apartment 4 (2025). Current monthly rents are as follows: Apartment 1 - $1,734; Apartment 2 - $1,850; Apartment 3 - $1,834; Apartment 4 - $1,750. The property is equipped with five hydro meters, allowing for efficient utility management. Additional income is generated through parking ($4,080 annually) and coin-operated laundry ($1,000 annually), resulting in a strong net operating income of $69,600, with considerable upside potential through future rent increases. Notably, Apartments 2 and 3 will become vacant on April 30, 2026, providing the incoming owner with an opportunity to set market rents. A fire retrofit certificate is on file. A rare offering and a true cornerstone asset for any investment portfolio.

Location

Province ON

County Ottawa

Area Ottawa

Zoning R5C

Rooms

Family Room No

Basement Apartment

Kitchen 4

Separate Den/Office 2

Interior

Interior Features Accessory Apartment

Cooling None

Inclusions 4 fridges, 4 stoves, 1 Washer, 1 Dryer, 1 Dishwasher, Light Fixtures

Exterior

Exterior Feature Porch

Parking Features Front Yard Parking

Pool None

Roof Type Asphalt Shingle

Lot Frontage 27.0

Lot Depth 52.5

Total Parking Spaces 2

Building

Foundation Stone

Others

Senior Community No

ParcelsYN Yes

Listed by RE/MAX HALLMARK REALTY GROUP

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121 Osgoode ST