For Sale - 121 Osgoode Street, Lower Town - Sandy Hill, Ontario

Est payment $6,543/mo
Views   1
Time on Jump  11 day
  • Turnkey investment opportunity in Sandy Hill, steps from the University of Ottawa.
  • Legal triplex with four income-producing apartments, ideal for student rentals.
  • Updated suites with hardwood flooring, high ceilings, and inviting spaces.
  • Strong net operating income with potential for future rent increases.
  • Additional income from parking and coin-operated laundry on site.



Exceptional turnkey investment opportunity in the heart of sandy hill, just one block from the university of ottawa. This legal triplex with a secondary dwelling unit comprises four highly desirable, income-producing apartments, perfectly positioned for consistent student rental demand. Each thoughtfully updated suite features two bedrooms, one bathroom, hardwood flooring, and impressive high ceilings, creating bright and inviting living spaces. Recent capital improvements include a new roof (2016), furnace (2019), tankless hot water system (2011), rebuilt front porch (2025), and a newly renovated kitchen in apartment 4 (2025). Current monthly rents are as follows: apartment 1 - $1,734; apartment 2 - $1,850; apartment 3 - $1,834; apartment 4 - $1,750. The property is equipped with five hydro meters, allowing for efficient utility management. Additional income is generated through parking ($4,080 annually) and coin-operated laundry ($1,000 annually), resulting in a strong net operating income of $69,600, with considerable upside potential through future rent increases. Notably, apartments 2 and 3 will become vacant on april 30, 2026, providing the incoming owner with an opportunity to set market rents. A fire retrofit certificate is on file. A rare offering and a true cornerstone asset for any investment portfolio.
Listing IDX12718764
Address121 Osgoode Street
CityLower Town - Sandy Hill, Ontario
Price$1,320,000
Bed / Bath8 / 4 Full
Style3-Storey, Triplex
ConstructionBrick, Wood
TypeMulti-Family
StatusFor Sale
Subtype TriplexIndoor Features Accessory ApartmentOutdoor Features PorchOwnership FreeholdBasement ApartmentFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 2.00
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Listing Agency:  RE/MAX HALLMARK REALTY GROUP
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121 Osgoode Street
Lower Town - Sandy Hill , Ontario
8 4 $1,320,000
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