152 GOULBURN AVENUE, Ottawa
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:25961)
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Details
- Amenities Nearby: Park, Public Transit
- Parking Spaces: 5
- Transaction: For sale
Building
- Amenities: Separate Electricity Meters, Separate Heating Controls
- Appliances: Water Heater, Dryer, Hood Fan, Stove, Washer, Refrigerator
- BasementType: N/A (Partially finished), N/A
- Basement Development: Partially finished
- Basement Features: Apartment in basement
- Bedrooms Main Level: 12
- Cooling: None
- Exterior Finish: Brick, Vinyl siding
- Fireplace Present: False
- Foundation: Stone
- Bathrooms (Total): 6
- Size Interior: 3500 - 5000 sqft
- Stories Total: 3
- Type: Other
- Utility Water: Municipal water
Land
- Amenities: Park, Public Transit
- Sewer: Sanitary sewer
- Size Depth: 100 ft
- Size Frontage: 40 ft ,3 in
- Size Irregular: 40.3 x 100 FT
This property for sale is located at 152 GOULBURN AVENUE in Ottawa. It was last modified on April 27th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Ottawa homes for sale.
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