view of front facade with brick siding and a balcony Features: balcony More Photos

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    For Sale - 152 Goulburn Avenue, Lower Town - Sandy Hill, Ontario

    Est payment $9,964/mo
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    Views   3
    Time on Jump  17 day

    AI Summary *

    • Turnkey investment with a prime location in desirable Sandy Hill neighborhood.
    • Purpose-built 6 unit multifamily attracting steady rental income.
    • Spacious units featuring eat-in kitchens and large living rooms.
    • Well maintained with cooperative tenants and no vacancies ever.
    • Walking distance to UOttawa, LRT, Rideau Centre, and parks.




    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, 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.
    Listing IDX12886580
    Address152 Goulburn Avenue
    CityLower Town - Sandy Hill, Ontario
    Price$2,075,000
    Bed / Bath12 / 6 Full
    Style3-Storey, Multiplex
    ConstructionBrick, Vinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Separate Hydro Meter, Separate Heating Controls, Storage, Water Heater OwnedAmenities Park, Public TransitOwnership FreeholdBasement Partially Finished, ApartmentFoundation StoneHeating / Cooling WaterHeating Fuel GasSewer Sewer

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    Listing Agency:  MARILYN WILSON DREAM PROPERTIES INC.

    * 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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    152 Goulburn Avenue
    Lower Town - Sandy Hill , Ontario
    12 6 $2,075,000
    Get more info