152 Goulburn Avenue

ActiveLower Town - Sandy Hill · 4004 - Sandy Hill143 days on marketMLS® X12886582

$1,998,000

$568 / sq ft

Bedrooms0

Bathrooms0

Interior3,520 sq ft

TypeCommercial

ListingFor Sale

Days on Market143

About this property

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, 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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12886582
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	3,520 sq ft
Beds / Baths	0 bed · 0 bath
Neighbourhood	4004 - Sandy Hill
City	Lower Town - Sandy Hill
Postal Code	K1N 8E2
Province	ON
Listed Date	March 16, 2026
Days on Market	143
Price per Sq Ft	$568
Brokerage	MARILYN WILSON DREAM PROPERTIES INC.