152 GOULBURN AVENUE, Ottawa

2026-03-16
 

Quick Summary

Location
152 GOULBURN AVENUE, Ottawa, Ontario K1N8E2
Price
$1,998,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
3500 - 5000 sqft
Bedrooms:
12
Bathrooms:
6
Garages:
5

MLS®#X12886580

Property 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:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Park, Public Transit

Building

  • Amenities: Separate Electricity Meters, Separate Heating Controls
  • Appliances: Water Heater, Dryer, Hood Fan, Stove, Washer, Refrigerator
  • Basement Development: Partially finished
  • Basement Features: Apartment in basement
  • Basement Type: N/A (Partially finished), N/A
  • Cooling Type: None
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace: No
  • Interior Size: 3500 - 5000 sqft
  • Building Type: Other
  • Stories: 3
  • Utility Water: Municipal water

Land

  • Land Size: 40.3 x 100 FT
  • Sewer: Sanitary sewer

Information entered by MARILYN WILSON DREAM PROPERTIES INC.
Listing information last updated on: 2026-05-24 23:15:00


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