26 AYLMER AVENUE, Ottawa
Incredible investment opportunity in the heart of Old Ottawa South! This fully tenanted multi-unit property sits on an expansive 30' x 161' lot and features a newer 3,000 sq. ft. addition, creating four self-contained apartments in total.The building includes one spacious 3-bedroom unit, two well-appointed 2-bedroom units, and one 1-bedroom unit. The original front unit has been tastefully updated with hardwood floors, granite countertops, modern cabinetry, and a renovated bathroom. It also features its own furnace (2020), A/C (2017), and rented hot water tank. The 2017 addition was thoughtfully constructed with two furnaces and two central A/C units. Additional improvements include roof (2017) and sump pump (2017). The property is serviced by 3 hydro meters, 3 gas meters, and 1 water meter. All units offer the convenience of in-unit laundry. Currently generating $11,349.31 in gross monthly rental income with a 6.3% cap rate. The property is legal as it stands, and the City of Ottawa has suggested potential for a 5-plex configuration, offering future upside for increased income. (id:25961)
Schedule a Tour
Talk to a Home Lifestyle Matchmaker
Use our neighbourhood guide to score the perfect match between your lifestyle and home. When ready to buy, we will put you in touch with a REALTOR® who specializes in Ottawa.
Details
- Equipment: Water Heater
- Rental Equipment: Water Heater
- Transaction: For sale
- Zoning Description: R3
Building
- Appliances: Dishwasher, Dryer, Washer
- Cooling: Fully air conditioned
- Fireplace Present: False
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 4782 sqft
- Type: Multi-Family
- Utility Water: Municipal water
Land
- Size Depth: 161 ft ,11 in
- Size Frontage: 30 ft ,4 in
- Size Irregular: 30.36 x 161.96 FT
This property for sale is located at 26 AYLMER AVENUE in Ottawa. It was last modified on April 24th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Ottawa properties for sale.
Listing provided by ROYAL LEPAGE PERFORMANCE REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.
Make an Offer
Request an In-house Showing
Mortgage Calculator
Land Transfer Calculator
Request More Information
Let us find a Property to Match your Lifestyle
Schedule an In-house Tour
Are you not already working with an agent? If you are not working with an agent, schedule a private viewing with one of our real estate agents.