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Tony & Ledi Real Estate Team

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Est. payment | -/mo

10 Beds

6 Baths

Save

Est. payment | -/mo

Save

10 Beds

6 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision 4004 - Sandy Hill

MLS Listing ID X13819170

Style 2-Storey

Bedrooms 10

Annual Tax Amount $12,677

Tax Year 2025

Property Sub-Type Multiplex

Property 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.

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Family Room No

Basement Finished

Kitchen 6

Separate Den/Office 2

Interior

Interior Features Separate Heating Controls, Separate Hydro Meter, Storage

Cooling None

Inclusions 5 Washers, 5 Dryers, 6 Fridges, 6 Stoves, 1 hood fan

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 40.33

Lot Depth 100.0

Total Parking Spaces 5

Building

Foundation Stone

Others

Senior Community No

ParcelsYN No

Listed by MARILYN WILSON DREAM PROPERTIES INC.

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152 Goulburn AVE Lower Town - Sandy Hill, ON K1N 8E2