Average square foot calculated using Size range provided by listing agent.
Description
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.Show Description
MLS® NumberX12401678
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatGas Hot Water
A/CYes
Heating Fuel
Extras
Similar Listings
Get notified of price or status changes by saving this listing