Residentiae.
For Sale · Ottawa

152 GOULBURN AVENUE

Ottawa · K1N8E2

$1,998,000

12Bedrooms
6Bathrooms
5Parking
3,500Sq Ft
3Storeys

About this residence

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. (id:61366)

Property details

Property type
Multi-family
Style
Other
Bedrooms
12 (12 above)
Bathrooms
6
Storeys
3
Living area
3,500–5,000 sq ft
Lot size
40.3 x 100 FT
Frontage
40.3 feet
Parking
5 spaces
Annual tax
$12,677
MLS®
X12886580
Board
Ottawa
Status
Active
Listed
Mar 16, 2026
Updated
Jul 3, 2026

Features & finishes

Appliances

  • Washer
  • Refrigerator
  • Dryer
  • Stove
  • Hood Fan
  • Water Heater

Heating

  • Natural gas

Basement

  • Partially finished
  • Apartment in basement

Exterior

  • Brick
  • Vinyl siding

Foundation

  • Stone

Parking

  • No Garage

Sewer & Utilities

  • Sanitary sewer

Financing

Mortgage calculator

Estimated monthly payment

$9,344/mo

Amortization

Loan amount

$1,598,400

Down payment

$399,600

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Ottawa

About the area

Census · K1N
26,639
Population
34
Median age
$64,000
Median income
$600,000
Median home value
24%
Home ownership
25 min
Avg. commute

Age distribution

0–14
9%
15–24
22%
25–44
34%
45–64
20%
65+
16%

Tenure

24% owners76% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 152 GOULBURN AVENUE?

152 GOULBURN AVENUE is listed for $1,998,000, in Ottawa.

How many bedrooms and bathrooms does 152 GOULBURN AVENUE have?

It offers 12 bedrooms and 6 bathrooms.

What type of home is 152 GOULBURN AVENUE?

152 GOULBURN AVENUE is a Multi-family, Other set over 3 storeys.

How large is 152 GOULBURN AVENUE?

The home offers approximately 3,500–5,000 sq ft of living space on a lot measuring 40.3 x 100 FT.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $9,344. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $12,677 per year.

Is there parking?

Yes — 152 GOULBURN AVENUE includes 5 parking spaces.

What is the Ottawa area like?

Ottawa has a population of about 26,639, a median age of 34, a 24% home-ownership rate, with an average commute of about 25 minutes.

What is the average home value in Ottawa?

The median dwelling value in this area is approximately $600,000, based on census data via Neighbourly.

What is the median household income in Ottawa?

The median household income in this area is approximately $64,000.

Private viewings

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