$1,998,000
 $10,726 est/mo Sourced by Back At You

152 Goulburn Avenue,Ottawa, ON K1N8E2

Ottawa, ON K1N8E2

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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. (id:13843)

Details

MLS #X13819170
Listing TypeFor Sale
StatusActive
Days On Site29
Listing Provided ByMARILYN WILSON DREAM PROPERTIES INC. | Connor McBride

Features

Bed(s)12
Bath(s) 6 Total
SQ Feet3,500
BasementY
Story(s)2

Interior

CoolingNone
HeatingNatural gas
AppliancesWasher, Refrigerator, Stove, Dryer, Hood Fan
Fireplace Yes / NoNo

Exterior

Foundation DetailsStone

Parking

Parking FeaturesNo Garage
Parking Total5

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount12072.65

Area Information

ProvinceON
CityOttawa
Postal CodeK1N8E2
Listing VS Median (in K1N8E2)
Price:
$1,998,000
low | high
Med:
$1,998,000
50% of Average
sqft:
3,500
low | high
Med:
3,510
49.714285714286% of Average
$ / sqft:
$571
low | high
Med:
$569
50.284090909091% of Average
On site:
29
low | high
Med:
29
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityOttawa
Postal CodeK1N8E2
Listing VS Median (in K1N8E2)
Price:
$1,998,000
low | high
Med:
$1,998,000
50% of Average
sqft:
3,500
low | high
Med:
3,510
49.714285714286% of Average
$ / sqft:
$571
low | high
Med:
$569
50.284090909091% of Average
On site:
29
low | high
Med:
29
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.498M - $2.497M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
152 GOULBURN AVENUE Property Photo 1
$1,998,000
152 Goulburn Avenue
Ottawa, ON K1N8E2
314 SOMERSET STREET E Property Photo 1
$1,700,000
314 Somerset Street E
Ottawa, ON K1N6W3
Listing Updated: October 19, 2026 at 9:34:54 AM PDT