152 Goulburn Avenue, Lower Town - Sandy Hill, ON K1N 8E2
4004 - Sandy Hill, Lower Town - Sandy Hill · Near Goulburn Avenue & Somerset Street E · View map
About this home
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 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.
The home
- Type
- Investment
- Square footage
- 3520 sq ft
- Lot size
- 40.3 x 100 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Hot Water
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $12,073/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- Goulburn Avenue & Somerset Street E
- Neighbourhood
- 4004 - Sandy Hill
More
- MLS® number
- X13819172
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
152 Goulburn Avenue, Lower Town - Sandy Hill, ON K1N 8E2
4004 - Sandy Hill, Lower Town - Sandy Hill · Near Goulburn Avenue & Somerset Street E
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Listing history for 152 Goulburn Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 152 Goulburn Avenue
Answers come straight from this home’s MLS® listing.
How much is 152 Goulburn Avenue listed for, and what would it cost each month?
152 Goulburn Avenue is listed for $1,998,000. With 20% down ($399,600), the mortgage payment would be roughly $8,059 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $9,065 a month, all in. That figure is an illustration, not a quote.
Is 152 Goulburn Avenue freehold or a condo, and is there a monthly fee?
152 Goulburn Avenue is a investment in 4004 - Sandy Hill, Lower Town - Sandy Hill. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 152 Goulburn Avenue have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 152 Goulburn Avenue?
152 Goulburn Avenue is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 152 Goulburn Avenue, and what is the lot size?
The lot is listed as 40.3 x 100 ft.
How is 152 Goulburn Avenue heated and cooled?
Heating is gas hot water. The listing does not show air conditioning.
What are the property taxes for 152 Goulburn Avenue?
Property taxes are $12,073 a year (2026), or about $1,006 a month.
Where is 152 Goulburn Avenue?
152 Goulburn Avenue is in the 4004 - Sandy Hill community of Lower Town - Sandy Hill. The nearest main intersection is Goulburn Avenue & Somerset Street E. The postal code is K1N 8E2.
Is 152 Goulburn Avenue still for sale?
Yes. It is an active listing (MLS® X13819172). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 152 Goulburn Avenue asking?
Similar properties for sale nearby right now include 152 Goulburn Avenue at $1,998,000 (10+2 bed), 314 Somerset Street E at $1,700,000 and A - 275 Laurier Ave Avenue E at $1,999,999. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 152 Goulburn Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 152 Goulburn Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 4004 - Sandy Hill, picked by style, size and price.
Multiplex$1,998,000152 Goulburn Avenue, Lower Town - Sandy Hill10+2 bed · 6 bath · 4004 - Sandy HillCourtesy of: MARILYN WILSON DREAM PROPERTIES INC.View home →
Investment$1,700,000314 Somerset Street E, Lower Town - Sandy Hill4004 - Sandy HillCourtesy of: COLDWELL BANKER SARAZEN REALTYView home →
Sale of business$1,999,999A - 275 Laurier Ave Avenue E, Lower Town - Sandy Hill4002 - Lower TownCourtesy of: THE RIGHT KEY REALTY INC.View home →Courtesy of: MARILYN WILSON DREAM PROPERTIES INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.