Beautiful Victorian 4 unit building & new porch! More Photos

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

    Est payment $6,238/mo
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    Time on Jump  45 day

    AI Summary *

    • Turnkey triplex with four spacious apartments, ideal for investment.
    • Located just one block from the University of Ottawa.
    • Recent updates include a new roof, furnace, and kitchen renovations.
    • Strong income potential with high monthly rents and additional income sources.
    • Efficient utility management with individual hydro meters for each unit.




    Exceptional turnkey investment opportunity in the heart of sandy hill, just one block from the university of ottawa. This victorian triplex with a legal secondary dwelling unit has four highly desirable & spacious apartments. 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) and new kitchen & paint in apartment 3 (2026) . Current monthly rents are as follows: apartment 1 - $1,734; apartment 2 - $2,150; apartment 3 - $2050; apartment 4 - $1750; with 2 % rent increases for apt 1 & 4 coming in sept. Additional income is generated through parking ($4,080 annually) and coin-operated laundry ($1,000 annually), resulting in a total income of $98,008, a strong net operating income of $76,512 & a cap rate of 5. 89%. With five individual hydro meters providing efficient utility management, a fire retrofit certificate on file, and consistent demand driven by the property's proximity to the university of ottawa, this asset offers both operational simplicity and long-term reliability. Significant upside remains available through future rent growth as apartments turn over - making this a compelling addition to any investment portfolio.
    Listing IDX13165198
    Address121 Osgoode Street
    CityLower Town - Sandy Hill, Ontario
    Price$1,299,000
    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

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    121 Osgoode Street
    Lower Town - Sandy Hill , Ontario
    8 4 $1,299,000
    Get more info