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$1,749,900

Active
206 Blackburn Avenue, Ottawa, ON· Sandy Hill
6+4
Bedrooms
5
Bathrooms
1500-2000
Sq Ft
$875–$1,167
Per Sq Ft
2
None Parking

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About this Property

  • 6% CAP RATE! Exceptional investment opportunity - 10 BEDROOM/3,200+ sq

5.6% 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: 5.6%.

Listed by AVENUE NORTH REALTY INC. · MLS# X13549418

About Sandy Hill

University Urban · Avg $550K

Sandy Hill is a historic urban neighbourhood located directly east of Ottawa's downtown core, bounded by the Rideau River to the east, Rideau Street to the north, and the University of Ottawa campus to the south and west. This duality — heritage residential streets alongside a major university — gives Sandy Hill a unique energy that combines the architectural grandeur of embassy row with the youthful vitality of a university quarter.

Avg Home Price$550K
Walk Score91
Embassies10+
Walk to Downtown10 min
View Full Sandy Hill Guide

Features & Details

Property details of 206 Blackburn Avenue, Ottawa, ON

Property TypeDuplex
Style2-Storey
Size1500-2000 sq ft
BasementSeparate Entrance, Full, Finished
Total Parking2

Mortgage Calculator

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%
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Mortgage Payment$8,597/monthly
Principal54%
Interest46%
Principal Amount$1,399,920
Interest$1,179,100
Total Payable$2,579,020
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$8,597
Mortgage + Expenses$8,597
$
$
$
$
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Monthly Cash Flow-$8,597

* Estimate only. Consult a mortgage broker for accurate figures.

5.0 · 70+ Google reviews
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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