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Lower Town - Sandy Hill,ON K1N 8A1
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 4004 - Sandy Hill
MLS Listing ID X12223730
Style 2-Storey
Bedrooms 5
Annual Tax Amount $6,782
Tax Year 2025
Property Sub-Type Detached
Property Description
Turn-Key Investment Opportunity in Sandy Hill! This fully leased, income-generating property offers an impressive $4,485 per month in rental income for the 2025/2026 school season, with a Net Operating Income (NOI) of approximately $47,391 annually and a solid 6.00% cap rate Currently a student rental, and has been for many years with zero vacancy. This 5-bedroom home is perfectly located just steps from the University of Ottawa, Strathcona Park, and the vibrant Downtown Ottawa. The spacious main floor features a bright front bedroom, a cozy living room, a functional kitchen, a 3-piece bathroom, and an additional bedroom at the rear. Upstairs, youll find three generously sized bedrooms and a full bathroom. Nestled in a sought-after neighbourhood with a high walkability score, this property offers convenient access to the Rideau Centre, the Canal, public transit, and a variety of amenities, making it highly attractive to students and young professionals. Whether youre expanding your investment portfolio or searching for a property with steady rental income, this home is a must-see. Redevelopment Potential.
Location
State ON
County Ottawa
Community 4004 - Sandy Hill
Area Ottawa
Zoning R4UA [480] - N4B[480]
Rooms
Family Room Yes
Basement Full,Unfinished
Kitchen 1
Interior
Interior Features Primary Bedroom - Main Floor
Cooling None
Inclusions Stove, Refrigerator, Dishwasher
Exterior
Parking Features Other
Pool None
Roof Type Asphalt Shingle
Lot Frontage 22.63
Lot Depth 100.0
Total Parking Spaces 2
Building
Foundation Stone
Others
Senior Community No