Property Details
146-160 OSGOODE STREET, Ottawa, Ontario, K1N6S6
Sales Representative
RE/MAX Hallmark Realty Group, Brokerage - Prescott
Cell: 613-401-4482
Tel: 613-596-5353
$14,900,000 - For sale
Rare opportunity to acquire a large-scale multi-residential portfolio in Sandy Hill, just steps from the University of Ottawa. 146-160 Osgoode Street encompasses 8 addresses with a total of 68 fully renovated units, each designed to maximize income with shared kitchens, living areas, and balconies. This high-demand location consistently appeals to students and young professionals, supported by a 96 Walk Score and 97 Bike Score, with immediate access to campus, shops, restaurants, pubs, and everyday conveniences. The property produces a gross annual revenue of $1,125,247 and a Net Operating Income of $839,120, representing a strong 5.5% cap rate at current performance. Tenants benefit from modern amenities, upgraded systems, and efficient layouts that keep occupancy high while maintaining operational stability. Additional income streams are generated through shared facilities, enhancing the properties return profile. With its size, cash flow, and prime location, this portfolio represents a turnkey opportunity to secure one of Ottawas largest and most reliable student-focused multi-residential assets. Long-term appreciation potential, combined with strong current income, makes this a rare and highly attractive offering. (id:2471)
Location DescriptionCross Streets: Osgoode & Nelson. ** Directions: From King Edward, East onto Osgoode, properties between Nelson & Sweetland.
- Property Address:146-160 OSGOODE STREET, Ottawa, Ontario, K1N6S6
- Property Type:Multi-family
- Community Name:4004 - Sandy Hill
- Water Type:Municipal water
- Structure Style:Multi-Family
- Heating Type:Natural gas, Hot water radiator heat
- Cooling Type:Fully air conditioned
Sales Representative
RE/MAX Hallmark Realty Group, Brokerage - Prescott
Cell: 613-401-4482
Tel: 613-596-5353
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- Map 146-160 OSGOODE STREET, Ottawa, Ontario, K1N6S6
- Neighbourhood Information
146-160 OSGOODE STREET, Ottawa, Ontario, K1N6S6
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