Salehian.com 647-325-5000

152 Goulburn Avenue

4004 - Sandy Hill, Lower Town - Sandy Hill, K1N 8E2

$1,998,000

Photo 1 of 50Photo 2 of 50Photo 3 of 50Photo 4 of 50Photo 5 of 50Photo 6 of 50Photo 7 of 50Photo 8 of 50Photo 9 of 50Photo 10 of 50Photo 11 of 50Photo 12 of 50Photo 13 of 50Photo 14 of 50Photo 15 of 50Photo 16 of 50Photo 17 of 50Photo 18 of 50Photo 19 of 50Photo 20 of 50Photo 21 of 50Photo 22 of 50Photo 23 of 50Photo 24 of 50Photo 25 of 50Photo 26 of 50Photo 27 of 50Photo 28 of 50Photo 29 of 50Photo 30 of 50Photo 31 of 50Photo 32 of 50Photo 33 of 50Photo 34 of 50Photo 35 of 50Photo 36 of 50Photo 37 of 50Photo 38 of 50Photo 39 of 50Photo 40 of 50Photo 41 of 50Photo 42 of 50Photo 43 of 50Photo 44 of 50Photo 45 of 50Photo 46 of 50Photo 47 of 50Photo 48 of 50Photo 49 of 50Photo 50 of 50

Listed 27 days ago · MLS® X13819172

About this home

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.

Details

Type
Investment
Lot
40.33 × 100 ft
Garage
None
Property tax
$12,073 (2026)
Neighbourhood
4004 - Sandy Hill
Municipality
Lower Town - Sandy Hill

Heating, cooling and services

Heating
Gas Hot Water
Utilities
Yes

Building and exterior

Building area
3,520 Square Feet

More

Possession
Immediate
Cross street
Goulburn Avenue & Somerset Street E

History of this address

3 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

  • 🚇 uOttawa LRT13 min walk
  • 🚇 Lees LRT14 min walk

Within a 10-minute walk: no grocery stores, 36 cafés and restaurants, 10 parks, 5 pharmacies. Nearest park: Strathcona Park (250 m).

Schools nearby

Elementary

  • Viscount Alexander Public School
    EQAO: Gr 6 reading 100%, math 53%    7 min walk
  • École élémentaire publique Francojeunesse French
    EQAO: Gr 6 reading 96%, math 80%    9 min walk
  • Programme de langue internationale à l'élémentaire16 min walk
  • École élémentaire publique Mauril-Bélanger French
    EQAO: Gr 6 reading 79%, math 30%    17 min walk

Secondary

  • Continuing Education16 min walk
  • Éducation permanente16 min walk
  • Éducation sans frontiers - éte16 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1N

Owners / renters
24% / 76%
Median household income
$64,000
Average age
40
Children under 15
9%
Homes
4% detached, 49% high-rise
Commute by transit
23%
Population
26,639

Languages spoken most at home besides English: Mandarin 1.5%, Arabic 1.3%, Spanish 0.9%, Somali 0.6%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 2 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by MARILYN WILSON DREAM PROPERTIES INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Similar homes nearby

See more in Lower Town - Sandy Hill