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$2,075,000
Ontario,Ottawa
For Sale Active
152 GOULBURN AVENUE, Ottawa, Ontario K1N8E2
  • 12
  • 6
  • 3500 - 5000Square Feet
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Basic Details
Description

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. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X12886580
  • Price: $2,075,000
  • Bedrooms: 12
  • Bathrooms: 6
  • Square Footage: 3500 - 5000 Sqft
  • Status: Active
  • Property Sub Type: Multi-family
  • Office Key: 266337
Features & Appliances
Features
  • Cooling System: None
  • Basement: Partially finished, N/A, Apartment in basement
  • Parking: No Garage
  • Exterior Features: Brick, Vinyl siding
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Ottawa, K1N8E2
  • Street: Goulburn
  • Street Number: 152
  • Street Suffix: Avenue
  • Longitude: W76° 19' 36.6''
  • Latitude: N45° 25' 26.6''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 40.3 x 100 FT
  • Stories: 3.0
Financial
  • Tax Annual Amount: 12677.41
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Listing updated: 2026-03-27 15:05:13
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Listing Information
  • List Agent Key: 2185695
  • List Office Key: 266337
  • Modification Timestamp: 2026-03-16T15:30:13Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-03-16T15:24:59Z
Powered by REALTOR.ca
Listing updated: 2026-03-27 15:05:13
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