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Renanza Realty
For sale

152 GOULBURN AVENUE

Ottawa, Ontario

MLS® X13819172

$1,998,000

Status
Active
Property type
Multi-family
MLS® number
X13819172
Bedrooms
—
Bathrooms
—
Year built
—

Listing 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.

Property summary

MLS® number
X13819172
Property type
Multi-family
Building type
Multi-Family
Size
3,520 sq ft
Land size
40.33 x 100 FT
Annual property taxes
$12,677.41
Days on market
5 days

Features & details

Heating
Hot water radiator heat, Natural gas
Cooling
None
Appliances
Washer, Dryer, Hood Fan

What would this home cost you?

Based on the $1,998,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$9,296 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.