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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$1,320,000
Available - For Sale
Listing ID: X12718764
Exceptional turnkey investment opportunity in the heart of Sandy Hill, just one block from the University of Ottawa. This legal triplex with a secondary dwelling unit comprises four highly desirable, income-producing apartments, perfectly positioned for consistent student rental demand. 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 - $1,850; Apartment 3 - $1,834; Apartment 4 - $1,750. The property is equipped with five hydro meters, allowing for efficient utility management. Additional income is generated through parking ($4,080 annually) and coin-operated laundry ($1,000 annually), resulting in a strong net operating income of $69,600, with considerable upside potential through future rent increases. Notably, Apartments 2 and 3 will become vacant on April 30, 2026, providing the incoming owner with an opportunity to set market rents. A fire retrofit certificate is on file. A rare offering and a true cornerstone asset for any investment portfolio.
Price $1,320,000
Taxes: $9,127
Assessment Year: 2025
Occupancy by: Tenant
Address: 121 Osgoode Street , Lower Town - Sandy Hill, K1N 6S5, Ottawa
Directions/Cross Streets: Osgoode and Nelson
Rooms: 15
Rooms +: 5
Bedrooms: 6
Bedrooms +: 2
Washrooms: 4
Family Room: F
Basement: Apartment
No. of Pieces Level
Washroom 1:  4 Ground
Washroom 2:  4 Second
Washroom 3:  4 Third
Washroom 4:  4 Basement
Washroom 5:  0
Washroom 6:  4 Ground
Washroom 7:  4 Second
Washroom 8:  4 Third
Washroom 9:  4 Basement
Washroom 10:  0
Property Type: Triplex
Style: 3-Storey
Exterior: Brick
Wood
Garage Type: None
(Parking/)Drive: Front Yard
Drive Parking Spaces: 2
Park #1
Parking Type: Front Yard
Park #2
Parking Type: Front Yard
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Hydro: Y
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RE/MAX HALLMARK REALTY GROUP

121 Osgoode Street , Lower Town - Sandy Hill, K1N 6S5, Ottawa

Personal Picture
Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Freehold - Triplex
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4004 - Sandy Hill
Style: 3-Storey
Lot Size: x 52.50(Feet)
Approximate Age:
Tax: $9,127
Maintenance Fee: $0
Beds: 6+2
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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