121 OSGOODE STREET, Ottawa, Ontario, K1N 6S5

MLS® # X13165198

Investment For Sale In Sandy Hill - Ottawa East, Ottawa, Ontario

$1,299,000

Details
Map
Demographics
Street View
Get Directions

Beautiful Victorian 4 unit building & new porch! - 121 Osgoode Street, Ottawa, ON - Outdoor

5 Hydro meters - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Other Room

Purpose built staircase to apt 4 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Other Room

Side door entrance for Apt 2 & 3 - 121 Osgoode Street, Ottawa, ON - Indoor

Apt 1 Front door and foyer - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Other Room

121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Living Room With Fireplace

121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink

121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Kitchen

121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Bedroom

Apt 1 Bed 2 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Office

121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Bathroom

Apt 2 Kitchen - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Kitchen

Apt 2 Kitchen with eating area - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink

Apt 2 Living Rm - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Other Room

Apt 2 Living Rm & Dining - 121 Osgoode Street, Ottawa, ON - Indoor

Apt 2 Bath - 121 Osgoode Street, Ottawa, ON - Indoor

Apt 2 Bed 1. - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Bedroom

Apt 2 Bed 1 with big closet - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Bedroom

Apt 2 Bed 2 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Other Room

Apt 2 Bed 2 - 121 Osgoode Street, Ottawa, ON - Indoor

Apt 2 Bed 2 with balcony access - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Bedroom

Apt 3 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Other Room

Apt 3 Kitchen - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Kitchen

Apt 3 Living Room w skylight - 121 Osgoode Street, Ottawa, ON - Indoor

Apt 3 Living Room w skylight - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Living Room

Apt 3 bathroom - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Bathroom

Apt 3 Bed 1 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Bedroom

Apt 3 Bed 2 - 121 Osgoode Street, Ottawa, ON - Indoor

Apt 4 Foyer - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Other Room

Apt 4 New Kitchen - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Other Room

Apt 4 Living Room - 121 Osgoode Street, Ottawa, ON - Indoor

Apt 4 Living Room - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Living Room

Apt 4 New Kitchen & Dining - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Other Room

Apt 4 Bed 1 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Bedroom

Apt 4 Bathroom - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Bathroom

Coin Operated Laundry Room - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Laundry Room

Advertising

121 OSGOODE STREET, Ottawa, Ontario, K1N 6S5

$1,299,000

Property Information:

Exceptional turnkey investment opportunity in the heart of Sandy Hill, just one block from the University of Ottawa. This Victorian triplex with a legal secondary dwelling unit has four highly desirable & spacious apartments. 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) and new kitchen & paint in Apartment 3 (2026) . Current monthly rents are as follows: Apartment 1 - $1,734; Apartment 2 - $2,150; Apartment 3 - $2050; Apartment 4 - $1750; with 2 % rent increases for Apt 1 & 4 coming in Sept. Additional income is generated through parking ($4,080 annually) and coin-operated laundry ($1,000 annually), resulting in a total income of $98,008, a strong net operating income of $76,512 & a Cap Rate of 5.89%. With five individual hydro meters providing efficient utility management, a fire retrofit certificate on file, and consistent demand driven by the property's proximity to the University of Ottawa, this asset offers both operational simplicity and long-term reliability. Significant upside remains available through future rent growth as apartments turn over - making this a compelling addition to any investment portfolio. (id:27)