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$1,589,000
Status: For Sale
NET ALMOST $100K PER YEAR - 6.2% CAP RATE! Exceptional investment opportunity - 10 BEDROOM/3,200+ sq. ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. This renovated legal duplex is located just steps from the University of Ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual Gross Income: $121,200, Annual Operating Expenses: $22,739, NOI: $98,460, CAP RATE: 6.2%.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X13879142 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :08 Oct, 2026 (27 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Ottawa |
|---|---|
| Postal Code | :
K1N 8A8
|
| Price | : $1,589,000 |
|---|---|
| Property Taxes | :$10202.3 |
| Tax Year | :2026 |
|---|
| Bedrooms | :5 + 5 |
|---|---|
| No. of Rooms | :11 |
| Air Conditioning | :Central Air |
| Heating | :Forced Air |
| Place of Worship | :Yes |
| Cross Street | :Templeton & Mann |
| Bathrooms | :5 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :1500-2000 sqft |
| Fireplace/Stove | :Yes |
| Virtual Tour | :Virtual Tour (External Link) |
| Bedroom | :2.95 m x 2.79 m |
|---|---|
| Bedroom | :3.0 m x 2.69 m |
| Bedroom | :3.02 m x 2.92 m |
| Dining Room | :4.27 m x 3.12 m |
| Living Room | :4.11 m x 2.79 m |
| Kitchen | :4.78 m x 3.05 m |
| Bedroom | :3.81 m x 2.84 m |
|---|---|
| Powder Room | :2.31 m x 1.63 m |
| Dining Room | :3.56 m x 3.07 m |
| Bathroom | :3.63 m x 1.93 m |
| Living Room | :4.39 m x 2.72 m |
| Bedroom | :3.99 m x 2.74 m |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :2 |
| Basement | :Separate Entrance |
| Laundry Level | :Main Level |
|---|---|
| Park | :Park |
08 Oct, 2026
TREB #X13879142
Listed
$1589000.0
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