Mirna Botros
613-600-2626121 Osgoode Street - $1,299,000
121 Osgoode Street - $1,299,000
121 Osgoode Street
$1,299,000
4004 - Sandy Hill
Ottawa, OntarioK1N6S5
8 beds
4 baths
2 parking
MLS#: X13165198Listed: about 4 hours agoUpdated:about 4 hours ago
Description
Exceptional turnkey investment opportunity in the heart of Sandy Hill, just one block from the University of Ottawa. This Victorian triplex with a legal secondary dwelling unit has four highly desirable & spacious apartments. 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 - $2,150; Apartment 3 - $2050; Apartment 4 - $1750; with 2 % rent increases for Apt 1 & 4 coming in Sept. Additional income is generated through parking ($4,080 annually) and coin-operated laundry ($1,000 annually), resulting in a total income of $98,008, a strong net operating income of $76,512 & a Cap Rate of 5.89%. With five individual hydro meters providing efficient utility management, a fire retrofit certificate on file, and consistent demand driven by the property's proximity to the University of Ottawa, this asset offers both operational simplicity and long-term reliability. Significant upside remains available through future rent growth as apartments turn over - making this a compelling addition to 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
- $9,164
- Parking Type
- No Garage
Inside
- Appliances
- Washer, Refrigerator, Water meter, Stove, Dryer, Water Heater
- Rooms
- -
- Bedrooms
- 8
- Bathrooms
- 4
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Apartment in basement, N/A
Building
- Architecture Style
- -
- Direction
- Cross Streets: Osgoode and Nelson. ** Directions: 1 block south of Laurier just East of Nelson on the north side ofstreet.
- 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
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