152 Goulburn Avenue Ottawa, Ontario K1N 8E2

12 Bedroom 6 Bathroom 3,500 - 5,000 sqft
None

$1,998,000

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 U Ottawa 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. (id:55625)

Property Details

MLS® Number X13819170
Property Type Multi-family
Community Name 4004 - Sandy Hill
Amenities Near By Park, Public Transit
Parking Space Total 5

Building

Bathroom Total 6
Bedrooms Above Ground 10
Bedrooms Below Ground 2
Bedrooms Total 12
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Dryer, Hood Fan, Stove, Washer, Refrigerator
Basement Development Finished
Basement Type N/a (finished)
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Foundation Type Stone
Heating Fuel Natural Gas
Stories Total 2
Size Interior 3,500 - 5,000 Sqft
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Park, Public Transit
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 40 Ft ,3 In
Size Irregular 40.3 X 100 Ft
Size Total Text 40.3 X 100 Ft

https://www.realtor.ca/real-estate/30316955/152-goulburn-avenue-ottawa-4004-sandy-hill

Connor Mcbride
Salesperson

(613) 808-9895
Marilyn Wilson Dream Properties Inc.
266 Beechwood Avenue
Ottawa, Ontario K1L 8A6

(613) 842-5000
(613) 842-5007

Colleen Mcbride
Salesperson

(613) 291-9909
www.colleenmcbride.com/
www.linkedin.com/in/ColleenMcBride
www.instagram.com/mcbrideteamottawa
Marilyn Wilson Dream Properties Inc.
266 Beechwood Avenue
Ottawa, Ontario K1L 8A6

(613) 842-5000
(613) 842-5007

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September 23 2026 04:24:09

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