152 Goulburn Avenue, Lower Town - Sandy Hill, ON K1N 8E2
Lower Town - Sandy Hill
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 152 Goulburn Avenue, Lower Town - Sandy Hill, ON K1N 8E2
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X12886580
Listed by MARILYN WILSON DREAM PROPERTIES INC.
On market since Mar 16, 2026
152 Goulburn Avenue, Lower Town - Sandy Hill, ON K1N 8E2 is listed for $1,998,000 CAD.
152 Goulburn Avenue, Lower Town - Sandy Hill, ON K1N 8E2 has 12 bedrooms and 6 bathrooms.
152 Goulburn Avenue, Lower Town - Sandy Hill, ON K1N 8E2 is a Multiplex.
152 Goulburn Avenue, Lower Town - Sandy Hill, ON K1N 8E2 is in Lower Town - Sandy Hill, Ontario.
152 Goulburn Avenue, Lower Town - Sandy Hill, ON K1N 8E2 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 152 Goulburn Avenue, Lower Town - Sandy Hill, ON K1N 8E2 (MLS# X12886580). You can also send a message through the contact form on this site.
