For Sale: 121 Osgoode Street, Ottawa, ON - REW
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$1,299,000
8 bd • 4 ba • 2000 - 2499 sf • Multifamily
121 Osgoode Street
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$1,299,000
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121 Osgoode StreetOttawa, ON, K1N 6S5

Sandy Hill
  • 8 Bed
  • 4 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

Exceptional turnkey investment opportunity in the heart of Sandy Hill, just one block from the University of Ottawa. This Victorian triplex with a legal secondary dwelling unit has four highly desirable & spacious apartments. 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) and new kitchen & paint in Apartment 3 (2026) . Current monthly rents are as follows: Apartment 1 - $1,734; Apartment 2 - $2,150; Apartment 3 - $2050; Apartment 4 - $1750; with 2 % rent increases for Apt 1 & 4 coming in Sept. Additional income is generated through parking ($4,080 annually) and coin-operated laundry ($1,000 annually), resulting in a total income of $98,008, a strong net operating income of $76,512 & a Cap Rate of 5.89%. With five individual hydro meters providing efficient utility management, a fire retrofit certificate on file, and consistent demand driven by the property's proximity to the University of Ottawa, this asset offers both operational simplicity and long-term reliability. Significant upside remains available through future rent growth as apartments turn over - making this a compelling addition to any investment portfolio. (id:63626)
Listed by: Jennifer Skuce, Broker, RE/MAX HALLMARK REALTY GROUP

Home facts and features

Price details
List Price
$1,299,000
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Gross Taxes for 2026
$9,164
Home facts
Bedrooms
8
Full Bathrooms
4
Parking Spaces
2
Parking Details
No Garage
Property Type
Multifamily
Depth
52.5 feet
Frontage
27.0 feet
Exterior Finish
Wood, Brick
Heating Type
Forced air, Natural gas
Basement Details
Apartment in basement,
Features
Flat site
Appliances
Dryer, Refrigerator, Stove, Washer, Water Heater, Water meter
Community
Agent details
Primary Agent
Primary Broker
RE/MAX HALLMARK REALTY GROUP
Secondary Agent
Secondary Broker
RE/MAX HALLMARK REALTY GROUP
Listing details
Days on REW
14 Days
Property Views
26
MLS® Number
X13165198
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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25 Years
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3.99%

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Property Insights

ÉEP Francojeunesse
  • Public
  • JK - 6
Viscount Alexander Public School
  • Public
  • JK - 6
É Élém C Sainte-Anne
  • Catholic
  • JK - 8
Lisgar Collegiate Institute
  • Public
  • 9 - 12
York Street Public School
  • Public
  • JK - 8
Elgin Street Public School
  • Public
  • JK - 6
ÉEP De la Salle
  • Public
  • 7 - 8
ÉSP De La Salle
  • Public
  • 9 - 12
ÉEP Le Trillium
  • Public
  • JK - 6
Lady Evelyn Alternative School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
Jennifer Skuce
Phone:
(613) 371-6577
Office:
613-563-1155
Broker
Andrew Morrisey
Phone:
(613) 563-1155
Office:
613-563-1155
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