177 Goulburn Avenue, Ottawa, ON, K1N 8E3

Property Details: - Type: Multiplex - Bedrooms: 0 - Bathrooms: 0

Investors, take note! This impressive six-plex in Sandy Hill features 15 bedrooms and is a prime opportunity for strong, consistent cash flow. Ideally located in the heart of the city, it's just a short walk to Ottawa University, shops, restaurants, and the ByWard Market.This well-maintained, professionally managed property is a proven income generator. The building includes two four-bedroom units, three two-bedroom units, and one one-bedroom unit, all offering bright, spacious layouts with high ceilings. It benefits from reliable, quality tenants and strong market rents.Currently generating close to $100,000 in net income, there is additional upside with potential rent increases as units turn over. Based on 2025 figures, the property reports a Gross Operating Income (GOI) of $150,000 and a Net Operating Income (NOI) of $111,040. This multiplex home located at 177 Goulburn Avenue, Ottawa is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $1,580,000 with an estimated mortgage of $5,816* per month. It has 15 beds, 8 bathrooms, and is 3500-5000 square feet. 177 Goulburn Avenue, Ottawa is in the Sandy Hill neighborhood Ottawa. Ottawa, Centretown and Lower Town are nearby neighborhoods.