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Key Details
Sold Price $1,550,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 4004 - Sandy Hill
MLS Listing ID X12900176
Sold Date 04/29/26
Style 2-Storey
Bedrooms 15
Annual Tax Amount $13,351
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Investors, take note! This impressive six-plex in Sandy Hill features 15 bedrooms and is a prime opportunity for strong, consistent cash flow. Ideally located in the heart of the city, it's just a short walk to Ottawa University, shops, restaurants, and the ByWard Market.This well-maintained, professionally managed property is a proven income generator. The building includes two four-bedroom units, three two-bedroom units, and one one-bedroom unit, all offering bright, spacious layouts with high ceilings. It benefits from reliable, quality tenants and strong market rents.Currently generating close to $100,000 in net income, there is additional upside with potential rent increases as units turn over. Based on 2025 figures, the property reports a Gross Operating Income (GOI) of $150,000 and a Net Operating Income (NOI) of $111,040.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Full
Kitchen 6
Interior
Interior Features None
Cooling None
Exterior
Pool None
Roof Type Asphalt Rolled
Lot Frontage 33.75
Lot Depth 100.0
Total Parking Spaces 2
Building
Foundation Stone
Others
Senior Community No
ParcelsYN No
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