152 GOULBURN AVENUE, Ottawa, Ontario K1N8E2

152 GOULBURN AVENUE
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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, 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 Specifications

Comprehensive breakdown of features and details.

Interior Details

AppliancesWasher, Dryer, Hood Fan
CoolingNone
HeatingHot water radiator heat, Natural gas
Living Area3520 sqft

Building & Exterior

Building Area Total3520.0
Building Area Unitssquare feet

Land & Location

City Region4004 - Sandy Hill
Frontage Length40.3 feet
Lot Size DimensionsBldg=40.33 x 100 FT

Listing & Financials

Listing OfficeMARILYN WILSON DREAM PROPERTIES INC.
Originating System NameOttawa Real Estate Board

Other Specifications

CountryCanada
Parking Total5

For Sale

$2,175,000

152 GOULBURN AVENUE, Ottawa, Ontario K1N8E2

Beds

-

Baths

-

Living Area

3,520 sqft

Lot Size

-

Property Type

Multi-Family

Year Built

-

Listing IDX12650766

Location & Map

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