152 GOULBURN AVENUE, Ottawa, ON K1N8E2
152 GOULBURN AVENUE, Ottawa, ON K1N8E2
152 GOULBURN AVENUE, Ottawa, ON K1N8E2
47
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$1,998,000
Est. payment /mo
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12 Beds
6 Baths
Active

152 GOULBURN AVENUE Ottawa, ON K1N8E2

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500 - 5000

Subdivision 4004 - Sandy Hill

MLS® Listing ID X13819170

Bedrooms 12

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 $142, 338.12. Expenses $29,271.15. NOI $113,066.97. 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 U Ottawa 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:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Cooling None

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 5

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer


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Listed by MARILYN WILSON DREAM PROPERTIES INC.

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Peter Twolan
Peter Twolan

Broker

+1(613) 668-8422 | peter@petertwolan.ca

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152 GOULBURN AVENUE