121 OSGOODE STREET, Ottawa, Ontario, K1N 6S5

MLS® # X12718764

new listing

Investment For Sale In Sandy Hill - Ottawa East, Ottawa, Ontario

$1,320,000

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121 Osgoode Street, Ottawa, ON - Outdoor

5 Hydro Meters - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Other Room With Fireplace

Side door to Apt 2 & 3 - 121 Osgoode Street, Ottawa, ON - Indoor

Stairs to Apt 4 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Other Room

Apt 1 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Other Room

Apt 1 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Living Room With Fireplace

Apt 1 - 121 Osgoode Street, Ottawa, ON - Indoor

Apt 1 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Living Room

Apt 1 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Kitchen

Apt 1 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Bedroom

Apt 1 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Office

Apt 1 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Bathroom

Apt 2 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Kitchen

Apt 2 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink

Apt 2 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Other Room

Apt 2 - 121 Osgoode Street, Ottawa, ON - Indoor

Apt 2 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Bedroom

Apt 2 - 121 Osgoode Street, Ottawa, ON - Outdoor With Exterior

Apt 3 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Other Room

Apt 3 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Kitchen

Apt 3 - 121 Osgoode Street, Ottawa, ON - Indoor

Apt 3 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Living Room

Apt 3 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Bathroom

Apt 3 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Bedroom

Apt 4 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Other Room

Apt 4 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Kitchen

Apt 4 - 121 Osgoode Street, Ottawa, ON - Indoor

Apt 4 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Living Room

Apt 4 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Bedroom

Apt 4 - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Bathroom

Common Laundry Room - 121 Osgoode Street, Ottawa, ON - Indoor Photo Showing Laundry Room

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121 OSGOODE STREET, Ottawa, Ontario, K1N 6S5

$1,320,000

Property Information:

Exceptional turnkey investment opportunity in the heart of Sandy Hill, just one block from the University of Ottawa. This legal triplex with a secondary dwelling unit comprises four highly desirable, income-producing apartments, perfectly positioned for consistent student rental demand. Each thoughtfully updated suite features two bedrooms, one bathroom, hardwood flooring, and impressive high ceilings, creating bright and inviting living spaces. Recent capital improvements include a new roof (2016), furnace (2019), tankless hot water system (2011), rebuilt front porch (2025), and a newly renovated kitchen in Apartment 4 (2025). Current monthly rents are as follows: Apartment 1 - $1,734; Apartment 2 - $1,850; Apartment 3 - $1,834; Apartment 4 - $1,750. The property is equipped with five hydro meters, allowing for efficient utility management. Additional income is generated through parking ($4,080 annually) and coin-operated laundry ($1,000 annually), resulting in a strong net operating income of $69,600, with considerable upside potential through future rent increases. Notably, Apartments 2 and 3 will become vacant on April 30, 2026, providing the incoming owner with an opportunity to set market rents. A fire retrofit certificate is on file. A rare offering and a true cornerstone asset for any investment portfolio. (id:27)