152 Goulburn Avenue,Lower Town - Sandy Hill, ON K1N 8E2
Lower Town - Sandy Hill, ON K1N 8E2
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 $142, 338.12. Expenses $29,271.15. NOI $113,066.97. 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.
Details
| MLS # | X13819170 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 51 |
| Listing Provided By | MARILYN WILSON DREAM PROPERTIES INC. | X13819170 497500 |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 6 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.09 |
Interior
| Interior Features | Separate Heating Controls, Separate Hydro Meter, Storage |
|---|---|
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Stone |
| Construction Materials | Brick, Vinyl Siding |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 12072.65 |
|---|---|
| Tax Legal Description | LTS 37 & 38, PL 98628 , EXCEPT AS IN CR128925, S/T & T/W ROW AS IN N491799 ; OTTAWA |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Ottawa |
| City | Lower Town - Sandy Hill |
| Postal Code | K1N 8E2 |
| Area | 4004 Sandy Hill |
| Listing VS Median (in K1N 8E2) | |
Price: $1,998,000 low | high Med: $1,998,000 On site: 51 low | high Med: 51 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Ottawa |
| City | Lower Town - Sandy Hill |
| Postal Code | K1N 8E2 |
| Area | 4004 Sandy Hill |
| Listing VS Median (in K1N 8E2) | |
Price: $1,998,000 low | high Med: $1,998,000 On site: 51 low | high Med: 51 | |
