Advantage Group Real Estate
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$1,998,000
152 Goulburn Avenue • Ottawa, ONNew
Courtesy of MARILYN WILSON DREAM PROPERTIES INC.
10+2
Bedrooms
6
Bathrooms
3500-5000
Square feet
5
Parking

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 $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 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.

Property details

Property type
Multiplex
Style
2-Storey
Total rooms
32
Lot size
40.33 × 100 ft
Property taxes
$12,072.65 (2026)
Occupancy
Immediate
Days on market
27
Status
Active
MLS®

Property history

Location

Open in Google Maps

Recently sold nearby

Listing data last updated: Oct 19, 2026, 12:39 p.m. EDT via TRREB IDX.

First listed: Sep 23, 2026, 11:49 a.m. EDT.