We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
26 AYLMER AVENUE, Ottawa
2026-05-28
Quick Summary
MLS®#X13199062
Property Description
A rare multi unit gem in one of Ottawa's Most Coveted Neighborhoods. Welcome to a premier, fully tenanted investment opportunity in Old Ottawa South. Perfectly positioned on an expansive 30' x 161' lot, this property offers the ultimate combination of immediate cash flow and future development potential. The property boasts a major 3,000 sq. ft. addition completed in 2017, bringing the total to four self-contained, high-yielding apartments (one 3 bed, two 2 beds, and one 1 bed). Every unit benefits from the convenience of private, in unit laundry, a massive draw for top tier tenants. The original front unit has been tastefully modernized with gleaming hardwood floors, granite countertops, contemporary cabinetry, and a renovated bath. Mechanically, this building is a dream for hands off investors. It features updated roofing (2017), a 2017 sump pump, and independent climate controls. Utilities are efficiently split across 3 hydro meters, 3 gas meters, and 1 water meter. Currently generating a strong $11,349.31 in gross monthly rental income with a 6.3% cap rate, this property is rock-solid. Best of all? The City of Ottawa has indicated potential for a 5 plex conversion, giving you a clear path to instantly boost your equity and revenue whenever you're ready. Building is legal as it stands. Current total gross monthly rental income is $11,349.31. Annual gross income: $131,055.00. Annual expenses: $24,288.30. Annual net income: $106,766.70. Motivated vendor. PROPERTY SOLD AS IS WHERE IS. (id:32467)
Property Features
Building
- Appliances: Dishwasher, Dryer, Two stoves, Washer, Refrigerator
- Basement Development: Finished
- Basement Type: N/A (Finished)
- Cooling Type: Central air conditioning
- Exterior Finish: Brick, Vinyl siding
- Fireplace: No
- Interior Size: 3500 - 5000 sqft
- Building Type: Other
- Stories: 3
- Utility Water: Municipal water
Land
- Land Size: 30.4 x 162 FT
- Sewer: Sanitary sewer
Zoning
- Description: R3
Information entered by ROYAL LEPAGE PERFORMANCE REALTY
Listing information last updated on: 2026-05-29 15:24:41
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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Sheila Forward-Davis REALTOR®
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Home is where the heart is... let's find your gem in Ottawa or around the world. Sheila knows ...
Full ProfileJay Terris Salesperson
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Full ProfileSergiu Buhatel Broker
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- Support Area:
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Sergiu has been a licensed Realtor® since 2012 and earned his Broker designation in 2015. He h ...
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