152 Goulburn Avenue
Lower Town - Sandy Hill, ON
- 12 bed
- 6 bath
- approx. 3500-5000 sqft
- Multiplex
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 $142, 338.12. Expenses $29,271.15. NOI $113,066.97. 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 U Ottawa 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.
Listing Details
- Taxes (2026)
- $12,073
- Listed
- September 23, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- Separate Heating Controls, Separate Hydro Meter, Storage
- Lot Size
- 40.33 x 100 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Goulburn Avenue & Somerset Street East
- Parcel Number
- 042060073
- Possession
- Immediate
- Occupancy
- Tenant
Included
- Inclusions
- 5 Washers, 5 Dryers, 6 Fridges, 6 Stoves, 1 hood fan
- Exclusions
- Tenants belongings
Schools
Elementary
- Viscount Alexander Public School0.4 km
Public · Ottawa-Carleton DSB · 205 students
Grade 3 reading: 42% met the provincial standard · Grade 6 math: 53% met the provincial standard
- École élémentaire publique Francojeunesse0.7 km
French public · CÉP de l'Est de l'Ontario · 550 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 80% met the provincial standard
- École élémentaire publique Mauril-Bélanger1.1 km
French public · CÉP de l'Est de l'Ontario · 245 students
Grade 3 reading: 47% met the provincial standard · Grade 6 math: 30% met the provincial standard
Secondary
- Lisgar Collegiate Institute1.2 km
Public · Ottawa-Carleton DSB · 960 students
Grade 10 literacy: 91% met the provincial standard
- École secondaire publique De La Salle1.5 km
French public · CÉP de l'Est de l'Ontario · 950 students
Grade 10 literacy: 93% met the provincial standard
- Immaculata High School1.6 km
Catholic · Ottawa CSB · 855 students
Grade 10 literacy: 87% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K1N
- Population
- 26,639
- Private dwellings
- 17,122
- Median age
- 34
- Average household size
- 1.8
- Median household income
- $64,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Lower Town - Sandy Hill · last 12 months
- Median sold price
- $470,000
- Homes sold
- 211
- Median days on market
- 35
- Sale-to-list price
- 96.9%
Based on 211 recorded sales of residential freehold properties in Lower Town - Sandy Hill over the last 12 months.
Listed by
MARILYN WILSON DREAM PROPERTIES INC.
Walk Score
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Location
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Mortgage Calculator
$399,600
Estimated Monthly Payment
$9,816
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $9,816/mo (20% down, 5.5%)
Taxes: $1,006/mo · Insurance: $500/mo
Estimates only. Consult a financial advisor.
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