Mirna Botros
613-600-2626121 Osgoode Street - $1,320,000
121 Osgoode Street - $1,320,000
121 Osgoode Street
$1,320,000
4004 - Sandy Hill
Ottawa, OntarioK1N6S5
8 beds
4 baths
2 parking
MLS#: X12718764Listed: about 1 month agoUpdated:about 1 month ago
Description
Exceptional turnkey investment opportunity in the heart of Sandy Hill, just one block from the University of Ottawa. This legal triplex with a secondary dwelling unit comprises four highly desirable, income-producing apartments, perfectly positioned for consistent student rental demand. Each thoughtfully updated suite features two bedrooms, one bathroom, hardwood flooring, and impressive high ceilings, creating bright and inviting living spaces. Recent capital improvements include a new roof (2016), furnace (2019), tankless hot water system (2011), rebuilt front porch (2025), and a newly renovated kitchen in Apartment 4 (2025). Current monthly rents are as follows: Apartment 1 - $1,734; Apartment 2 - $1,850; Apartment 3 - $1,834; Apartment 4 - $1,750. The property is equipped with five hydro meters, allowing for efficient utility management. Additional income is generated through parking ($4,080 annually) and coin-operated laundry ($1,000 annually), resulting in a strong net operating income of $69,600, with considerable upside potential through future rent increases. Notably, Apartments 2 and 3 will become vacant on April 30, 2026, providing the incoming owner with an opportunity to set market rents. A fire retrofit certificate is on file. A rare offering and a true cornerstone asset for any investment portfolio. (id:58075)Details
Details for 121 Osgoode Street, Ottawa, Ontario- Property Type
- Multi Family
- Building Type
- Triplex
- Storeys
- 3
- Neighborhood
- 4004 - Sandy Hill
- Land Size
- 27 x 52.5 FT
- Year Built
- -
- Annual Property Taxes
- $9,127
- Parking Type
- No Garage
Inside
- Appliances
- Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer
- Rooms
- -
- Bedrooms
- 8
- Bathrooms
- 4
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Apartment in basement, N/A
Building
- Architecture Style
- -
- Direction
- Cross Streets: Osgoode and Nelson. ** Directions: King Edward to Osgoode.
- Type of Dwelling
- triplex
- Roof
- -
- Exterior
- Wood, Brick
- Foundation
- Stone
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 27 x 52.5 FT
- Zoning
- -
- Zoning Description
- R5C
Parking
- Features
- No Garage
- Total Parking
- 2
Utilities
- Cooling
- None
- Heating
- Forced air, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- Flat site
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 121 Osgoode Street, Ottawa, OntarioMap
Mirna Botros RealtorCopyright 2026