Kitchen (3.05 × 4.78)
Stainless Steel Appl · hardwood floor · Granite Counter
Level: Main
Sandy Hill, Ottawa, Ontario K1N 8A8
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%.
Listing activity for 206 Blackburn Ave, Ottawa, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,589,000 | N/A | For Sale | X13879142 |
Stainless Steel Appl · hardwood floor · Granite Counter
Level: Main
Fireplace · hardwood floor
Level: Main
Hardwood Floor
Level: Main
2 Pc Bath · Tile Floor
Level: Main
Laminate
Level: Main
Laminate
Level: Main
5 Pc Bath · Tile Floor · Double Sink
Level: Main
Tile Floor
Level: Main
Laminate
Level: Upper
Laminate
Level: Upper
Laminate
Level: Upper
3 Pc Bath · Tile Floor · Separate Shower
Level: Upper
Stainless Steel Appl · Laminate · Quartz Counter
Level: Lower
Laminate
Level: Lower
Laminate
Level: Lower
Laminate
Level: Lower
Laminate
Level: Lower
Laminate
Level: Lower
Laminate
Level: Lower
3 Pc Bath · Tile Floor
Level: Lower
3 Pc Bath · Tile Floor · Separate Shower
Level: Lower
Tile Floor
Level: Lower
Laminate
Level: Main
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Province of Ontario open data
Municipal transit open data · Province of Ontario open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Monthly Payment
$7,284
Total monthly payment
$8,134
Break-even down payment
100%
Expand Neighbourhood demographics to load Statistics Canada census charts.
$1,589,000
$1,589,000
CAD
Estimate unavailable
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.