177 Goulburn Avenue
Lower Town - Sandy Hill, ON K1N 8E3
About This Property
Investors, take note! This impressive six-plex in Sandy Hill features 15 bedrooms and is a prime opportunity for strong, consistent cash flow. Ideally located in the heart of the city, it's just a short walk to Ottawa University, shops, restaurants, and the ByWard Market.This well-maintained, professionally managed property is a proven income generator. The building includes two four-bedroom units, three two-bedroom units, and one one-bedroom unit, all offering bright, spacious layouts with high ceilings. It benefits from reliable, quality tenants and strong market rents.Currently generating close to $100,000 in net income, there is additional upside with potential rent increases as units turn over. Based on 2025 figures, the property reports a Gross Operating Income (GOI) of $150,000 and a Net Operating Income (NOI) of $111,040.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12900176
Listed by RIGHT AT HOME REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Listed By
RIGHT AT HOME REALTY