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   2
    Time on Jump  9 day

    AI Summary *

    • Turnkey legal 6-unit multifamily property in a sought-after rental market.
    • Spacious units with eat-in kitchens and large living rooms.
    • Never a vacancy and cooperative tenants for steady income.
    • Close to Ottawa University, LRT, and popular local attractions.
    • Includes parking spaces, appliances, and numerous recent updates.




    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.
    Listing IDX12886582
    Address152 Goulburn Avenue
    CityLower Town - Sandy Hill, Ontario
    Price$2,075,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Public TransitBasement 1Heating / Cooling Gas Hot Water

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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
    $2,075,000
    Get more info