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$3,980,000

Active
240 Blackburn Avenue, Ottawa, ON· Sandy Hill
18
Bedrooms
6
Bathrooms
3500-5000
Sq Ft
$796–$1,137
Per Sq Ft
4
None Parking

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About this Property

Prime investment opportunity at 240 Blackburn Avenue, ideally located in the heart of Sandy Hill, just minutes from the University of Ottawa, downtown, LRT, shops, restaurants and everyday amenities. This substantial 6-unit property offers an impressive configuration with a total of 18 bedrooms, including two studio units, 10 bathrooms and 6 kitchens. The property consists of a mix of spacious multi-level units and self-contained studios, providing a versatile layout well suited to the area's strong rental market. Several units feature in-unit laundry, multiple bathrooms and generous living spaces, while additional features include a balcony, rooftop patio and a common living area with direct access to the backyard. A rare opportunity to acquire a large multi-unit asset in one of Ottawa's most established and centrally located rental neighbourhoods. Floor plans and additional property information available.

Listed by ROYAL LEPAGE INTEGRITY REALTY · MLS# X13699172

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 240 Blackburn Avenue, Ottawa, ON

Property TypeMultiplex
Style3-Storey
Size3500-5000 sq ft
BasementCrawl Space, Unfinished
Total Parking4

Mortgage Calculator

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%
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Mortgage Payment$19,553/monthly
Principal54%
Interest46%
Principal Amount$3,184,000
Interest$2,681,764
Total Payable$5,865,764
Amortization25 years

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

Cash Flow Analysis

Mortgage payment$19,553
Mortgage + Expenses$19,553
$
$
$
$
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Monthly Cash Flow-$19,553

* 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.

$3,980,000

240 Blackburn Avenue, Ottawa, ON