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    For Sale - 206 Blackburn Avenue, Lower Town - Sandy Hill, Ontario

    Est payment $7,630/mo
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    Views   1
    Time on Jump  15 day

    AI Summary *

    • Fully renovated duplex with excellent rental income potential.
    • Two spacious units with 5 bedrooms and in-suite laundry each.
    • Prime location steps from the University of Ottawa.
    • Modern amenities with updated kitchens and stylish bathrooms.
    • Strong cash flow with low vacancy and high occupancy rates.




    Net almost $100k per year - 6. 2% cap rate! Exceptional investment opportunity - 10 bedroom/3,200+ sq. Ft. Fully renovated duplex in the heart of sandy hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. This renovated legal duplex is located just steps from the university of ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual gross income: $121,200, annual operating expenses: $22,739, noi: $98,460, cap rate: 6. 2%.
    Listing IDX13879142
    Address206 Blackburn Avenue
    CityLower Town - Sandy Hill, Ontario
    Price$1,589,000
    Bed / Bath10 / 5 Full
    Style2-Storey, Duplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Primary Bedroom - Main Floor, Carpet FreeAmenities School, Public Transit, Park, Rec./Commun.Centre, Place Of Worship, Arts CentreOwnership FreeholdBasement Separate Entrance, Full, FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: AVENUE NORTH REALTY 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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    206 Blackburn Avenue
    Lower Town - Sandy Hill , Ontario
    10 5 $1,589,000
    Get more info