152 GOULBURN AVENUE
Ottawa, Ontario
MLS® X13819170
$1,998,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13819170
- Bedrooms
- 12
- Bathrooms
- 6
- Year built
- —
1 / 48Listing 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 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.
Property summary
- MLS® number
- X13819170
- Property type
- Multi-family
- Building type
- Other
- Land size
- 40.3 x 100 FT
- Annual property taxes
- $12,677.41
- Parking
- 5 spaces · No Garage
- Days on market
- 5 days
Features & details
- Heating
- Natural gas
- Cooling
- None
- Basement
- Finished, N/A
- Appliances
- Washer, Refrigerator, Stove, Dryer, Hood Fan
- Exterior features
- Brick, Vinyl siding
What would this home cost you?
Based on the $1,998,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of MARILYN WILSON DREAM PROPERTIES INC., OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.