$1,998,000
( $567.61Per Sq Foot )
 $10,726 est/mo Sourced by Back At You

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

Lower Town - Sandy Hill, ON K1N 8E2

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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 $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 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.

Details

MLS #X13819172
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site50
Listing Provided ByMARILYN WILSON DREAM PROPERTIES INC. | X13819172 497500

Features

SQ Feet3,520
Acreage0.08

Interior

CoolingNo

Utilities

UtilitiesYes

Taxes

Tax Annual Amount12072.65
Tax TypeAnnual
Tax Year2026

Area Information

ProvinceON
CountyOttawa
CityLower Town - Sandy Hill
Postal CodeK1N 8E2
Area4004 Sandy Hill
Listing VS Median (in K1N 8E2)
Price:
$1,998,000
low | high
Med:
$1,998,000
50% of Average
sqft:
3,520
low | high
Med:
3,520
50% of Average
$ / sqft:
$568
low | high
Med:
$568
50% of Average
On site:
50
low | high
Med:
50
100% of Average
Sourced by Back At You

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Additional Information

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Learn More About This Property

ADNAN MIAN

ADNAN MIAN

Coldwell Banker The Real Estate Centre

Real Estate BrokerPMP (416) 702-7378amian32@gmail.com
ProvinceON
CountyOttawa
CityLower Town - Sandy Hill
Postal CodeK1N 8E2
Area4004 Sandy Hill
Listing VS Median (in K1N 8E2)
Price:
$1,998,000
low | high
Med:
$1,998,000
50% of Average
sqft:
3,520
low | high
Med:
3,520
50% of Average
$ / sqft:
$568
low | high
Med:
$568
50% of Average
On site:
50
low | high
Med:
50
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
314 Somerset Street E Property Photo 1
$1,700,000
314 Somerset Street E
Lower Town - Sandy Hill, ON K1N 6W3
Listing Updated: October 29, 2026 at 2:54:23 PM PDT

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ADNAN MIAN

3485B Kingston Road
Toronto, Ontario M1M 1R4
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.
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