| 613.829.1000
| 613.829.1000
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, 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. (id:37351)
| BusinessType | Residential |
| BusinessSubType | Apartments |
| MLS® Number | X12650766 |
| Property Type | Multi-family |
| Community Name | 4004 - Sandy Hill |
| AmenitiesNearBy | Public Transit |
| EquipmentType | Water Heater |
| ParkingSpaceTotal | 5 |
| RentalEquipmentType | Water Heater |
| Appliances | Dryer, Hood Fan, Washer |
| CoolingType | None |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| SizeExterior | 3520 Sqft |
| SizeInterior | 3,520 Ft2 |
| Type | Multi-family |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Public Transit |
| SizeDepth | 100 Ft |
| SizeFrontage | 40 Ft ,3 In |
| SizeIrregular | Bldg=40.33 X 100 Ft |
| SizeTotalText | Bldg=40.33 X 100 Ft |
| ZoningDescription | R4h[480], Unassigned |
https://www.realtor.ca/real-estate/29204918/152-goulburn-avenue-ottawa-4004-sandy-hill
Contact us for more information
Connor Mcbride
Salesperson
(613) 842-5000
(613) 842-5007
Colleen Mcbride
Salesperson
(613) 842-5000
(613) 842-5007
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Phone Number
(613) 829-1000
Email Address
info@grapevine.ca
Mailing Address
P.O. box 65
Portland, ON
K0G 1V0
