152 Goulburn Avenue, Ottawa
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. (id:1945)
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Property details for 152 Goulburn Avenue, Ottawa
- Type
- Multi-family
- Bedrooms
- 12
- Bathrooms
- 6
- Living Area
- 3,520 square feet
- Lot Size
- 40.33 x 100 FT
- Heating
- Hot water radiator heat, Natural gas
- Cooling
- None
- Annual Taxes
- $12,677
Nearby Listings Stat
Estimated price and comparable properties near 152 Goulburn Avenue
Active Listings
3
Min Price
$1,850,000
Max Price
$1,998,000
Avg Price
$1,948,667
Days on Market
13
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Price History
Listed
September 23, 2026
by MARILYN WILSON DREAM PROPERTIES INC.
Current Price
$1,998,000
-3.7% from last change
Type
Multi-family
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $1,998,000 | $77,000 (-3.7%) |
| Apr 27, 2026 | $2,075,000 | $100,000 (-4.6%) |
| Mar 16, 2026 | $2,175,000 | Listed |