About this property

Property will be Vacant May 1 2026. An exceptional opportunity for investors, This has been a student long term rental for many years. $4,485/month in rental income for the 2025/2026 school year, delivering an estimated Net Operating Income of $47,391 annually and a 6.0% cap rate. Currently operated as a student rental with zero vacancy history, this five-bedroom home is ideally situated steps from the University of Ottawa, Strathcona Park, and the Downtown core. The main level features a bright front bedroom, a welcoming living room, a functional kitchen, a full 3-piece bath, and a second bedroom at the rear. Upstairs, you'll find three spacious bedrooms and another full bath. Located in a high-demand neighbourhood with an excellent walk score, residents enjoy easy access to the Rideau Canal, Rideau Centre, public transit, and an array of local amenities - making it especially appealing to students and young professionals. Whether you're expanding your portfolio or seeking a steady income property in a proven location, this home is a must-see. Potential for future redevelopment adds even greater value.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	X12472292
Status	Sold
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	1,500 sq ft
Beds / Baths	5 bed · 2 bath
City	Lower Town - Sandy Hill
Postal Code	K1N 8A1
Province	ON
Listed Date	February 23, 2026
Brokerage	ROYAL LEPAGE INTEGRITY REALTY