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.More details
Prime mixed-use asset in sought-after Sandy Hill. Offering four spacious four-bedroom residential units and a ground-floor commercial space, this income-producing property combines strong tenant appeal with the flexibility of multiple revenue streams. Each unit features separate hydro meters, in-suite laundry, stainless steel appliances, air conditioning, and bright contemporary living spaces. Six covered bicycle spaces enhance convenience, while the central location-steps to shops, restaurants, schools, and transit-ensures enduring rental demand and long-term investment potential. Net Income $131,694.36/2025More details
Modern Fourplex located in Sandy Hill, offering fully furnished 4 bedrooms and 2 bathrooms with a washer & dryer in every unit. Built in 2020, in a prime rental location, close to downtown, the By-ward Market, the Rideau Canal and more specifically, the University of Ottawa, this property is a CASH-COW with with one of the lowest vacancy rates in the City. The security & keypad system allows the Tenants to have peace of mind and easy access. These units offer modern amenities not found in other rental properties. Net Income $116,709.03/2025More details
Turnkey prime investment opportunity. Purpose-built legal 6 unit multifamily in the heart of Sandy Hill. Very desirable rental market neighbourhood walking distance to Ottawa University. Stately all brick building. GOI $142, 338.12. Expenses $29,271.15. NOI $113,066.97. Currently offering at a 5% cap rate. Well maintained. Provides steady returns. Never a vacancy. Cooperative tenants. 2 one bedroom units, 2 two bedroom units and 2 three bedroom units. Very spacious units with eat-in kitchens and large living rooms. 5 units have a washer and dryer. Also included: 6 fridges, 6 stoves, 2 hood fans and 6 hot water tanks. 5 parking spaces behind the building. Currently only two are rented. Updates include: Repaired foundation masonry/repair foundation spray foam in 2025 ($5200), Replaced boiler venting in 2024 ($3978), New washer/dryer in Unit 5 in 2023($1604), Full patch and paint for Unit 2 in 2022 ($1700), Added attic insulation in 2020 ($2316), Flushed, reamed and installed liner on main plumbing stack to City connection in 2017 ($6600), New front first floor windows 2016, Appliances between 2011-2016, Apt 5 completely renovated in 2015, Front porch/balcony 2012 & 2016, Roof 2011, Copper wiring 2011, Natural gas boiler 2006 and many more minor improvements. Walking distance to U Ottawa LRT Station, the Rideau Centre, ByWard Market, Strathcona Park, Rideau River, etc. Financials, 2025 Fire report and rent roll attached. 24 hours notice is required for showings.More details
A truly RARE OFFERING - 5 & 7 Hurdman Rd presents a premier land assembly opportunity in one of Ottawa's fastest-growing and most strategically located corridors. These two adjacent parcels are being offered together, creating a substantial footprint ideal for visionary builders and developers looking to capitalize on the city's continued expansion. Positioned just minutes from downtown Ottawa and within walking distance to the University of Ottawa, multiple LRT stations, and key transit routes, this site offers unmatched connectivity. Residents will enjoy immediate access to the Rideau River pathways, parks, and an array of nearby amenities, making this location highly desirable for future residential development. Surrounded by established communities and significant ongoing development, this property sits at the epicenter of intensification-an area poised for long-term growth and strong demand. The current zoning (R5K[2133]H(20)) provides a compelling foundation for redevelopment (buyer to verify permitted uses with the City of Ottawa). Renderings and a preliminary design package are available, offering a glimpse into the site's full potential. A rare chance to secure a high-potential development site in a tightly held, transit-oriented location-opportunities like this are few and far between. Reach out today for full details and to explore the possibilities!More details
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%.More details
Discover an outstanding opportunity to own a truly versatile property in the heart of Ottawa. Perfectly positioned close to the University of Ottawa, downtown, the Rideau River, Highway 417, transit, shopping, restaurants, and countless amenities, this property offers exceptional convenience and long-term value.The spacious main residence spans four finished levels and features six generous bedrooms and four full bathrooms, making it an excellent option for large families, multi-generational living, or those seeking strong rental income. Its thoughtful layout, complete with multiple staircases and lower-level laundry, provides flexibility for a variety of living arrangements.Adding to the appeal is a fully self-contained legal coach house completed in 2023. This modern studio suite offers open-concept living with a stylish three-piece bathroom, creating an ideal mortgage helper or additional rental opportunity.The oversized driveway accommodates up to four vehicles, further enhancing the property's income potential. With multiple rental options available, investors will appreciate the impressive cash flow possibilities, while families will enjoy the abundance of space in an unbeatable central location.Major improvements include a legal coach house conversion (2023), renovated kitchen and bathrooms (2022), new driveway (2024), roof (2017), and gas furnace (2015), allowing the next owner to move in with confidence.Whether you're expanding your investment portfolio or searching for a home that offers flexibility for years to come, this unique property delivers exceptional value in one of Ottawa's most desirable urban neighbourhoods.More details
TWO SIDE-BY-SIDE HOMES IN THE HEART OF SANDY HILL. A rare opportunity to own two neighbouring semi-detached homes on separate titles with a combined 10 bedrooms! Minutes from the University of Ottawa, Strathcona park and the downtown core. One side is vacant with updates throughout while the other side is rented at $3700/month plus utilities. Live in one and rent the other or keep both as income producing properties. Both sides have been easily rented for the past 20 years with no vacancies.More details
Incredible opportunity to add a solid triplex to your portfolio in an unbeatable location just a short walk from Ottawa U! Located right off campus and in the heart of Sandy Hill, the demand is always sky high and there is never a vacancy. A great unit split on the fully tenanted building which includes a large 3 bedroom, 2 bathroom apartment that spans the main and lower level. The second floor consists of a bright 2 bedroom with a private balcony, and the top floor is a charming 1 bedroom with its own dedicated fire escape. Each unit has its own laundry for added convenience. Great tenants and a headache free building, a perfect addition for your portfolio or ideal for someone wanting to live in Sandy Hill while offsetting their mortgage expense with rental income. Currently grossing $76,800.More details
Development opportunity in Sandy Hill. This 40 x 100 ft lot (approx. 4,000 sq ft) sits within a Major Transit Station Area, roughly a 16-minute walk to the uOttawa O-Train station, with shops, restaurants, groceries and parks all within reach.The property falls under the City of Ottawa's new N3B zoning framework (By-law 2026-50), which contemplates higher-density residential development on lots of this size. A completed architectural and planning study by RJH Architecture + Planning is available to qualified buyers and outlines three development concepts: a sixplex, two front-to-back triplexes capable of severance into separate freehold titles, or a nine-unit building. The Major Transit Station Area location means no on-site parking is required under the new framework.The existing 1942 home has sustained fire and smoke damage and is being sold for land value. Buyers are advised to complete their own due diligence regarding zoning status and permissions, demolition and remediation, lot dimensions, servicing, and all development potential. Sandy Hill continues to draw builder and investor interest, with new small multi-unit product throughout the surrounding blocks - a transit-oriented infill site with the planning groundwork already underway. Property sold as-is, where-is.More details
Data was last updated November 4, 2026 at 06:15 AM (UTC)
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