For Sale: 122-124 Cobourg Street, Ottawa, ON - REW
Boost your listing
Listing featured. Your listing will be featured on REW.
View featured placement
$3,999,000
0 bd • ba • sf • Multifamily
122-124 Cobourg Street
Virtual TourStreet ViewDirections
$3,999,000
Get pre-approved

122-124 Cobourg StreetOttawa, ON, K1N 8H1

Lowertown
  • 0 Bed
  • Bath
  • Sqft
  • Multifamily

About this home

This is a rare opportunity to acquire two neighboring, income-producing multi-family buildings on **one title** in Ottawa's historic Lowertown. Comprising 14 residential units (7 per building), this stabilized investment is ideally located just minutes from the ByWard Market, Rideau Centre, the University of Ottawa, and major government employment hubs. The majority of suites are in excellent condition, with only a few offering value-add potential through light cosmetic updates and rental optimization. Major capital improvements-including roofs, windows, electrical upgrades, and efficient electric heat pumps-have already been completed, helping minimize near-term capital expenditures. Positioned in one of Ottawa's most desirable urban rental markets, the property benefits from strong demand driven by students, young professionals, and government employees. An assumable CMHC-insured mortgage is available, and the property is held in a standalone corporation, presenting a compelling opportunity for investors seeking stable cash flow with long-term upside. (id:63626)
Listed by: Marc Papineau, Salesperson, EXP REALTY OF CANADA, INC.

Home facts and features

Price details
List Price
$3,999,000
Get Pre-Approved
Gross Taxes for 2025
$34,765
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Depth
165.66 feet
Frontage
33.0 feet
Heating Type
Baseboard heaters, Forced air
Cooling
Fully air conditioned
Appliances
All
Community
Agent details
Primary Agent
Marc Papineau
Primary Broker
EXP REALTY OF CANADA, INC.
Listing details
Days on REW
188 Days
Property Views
33
MLS® Number
X12851986
Source
Canadian Real Estate Association
Is this your listing? Help it to stand out.

Mortgage Calculator

Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

Connect with our mortgage partner

REW Money

REW Money

REW Money

Connect with a mortgage expert

Connect to a mortgage specialist

REW Money
REW Money

They will connect with you to understand where you are in your journey and how they can best guide you.

  • %
Name*
Email*
Phone*
Purchase City*
What best describes your current situation?
Loan Details
Amortization
Years
Mortgage Amount
Down Payment

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase. Please note that our agent partners are not affiliated with REW Realty.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Property Insights

É Élém C Sainte-Anne
  • Catholic
  • JK - 8
ÉSP De La Salle
  • Public
  • 9 - 12
ÉEP De la Salle
  • Public
  • 7 - 8
York Street Public School
  • Public
  • JK - 8
ÉEP Le Trillium
  • Public
  • JK - 6
ÉEP Francojeunesse
  • Public
  • JK - 6
Répit-Transit
  • Public
  • JK - 12
ÉEP Trille des Bois
  • Public
  • JK - 8
É Élém C Horizon-Jeunesse
  • Catholic
  • JK - 6
Assumption Catholic Elementary School
  • Catholic
  • 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
Report Incorrect Info
Full Name*
Email*
Select School
Reason

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase. Please note that our agent partners are not affiliated with REW Realty.
Thank You!
We really appreciate your help improving our home search experience. Our team will look into this issue as soon as possible.
Close

Cities near Lowertown

Neighborhoods near Lowertown

Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-09-09.
Call Agent
Salesperson
Marc Papineau
Phone:
(866) 530-7737
Office:
(866) 530-7737
Share this Property
Text Message
Share this Property
Recipient Email Address*
Your Name
Your Email Address*

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase. Please note that our agent partners are not affiliated with REW Realty.
We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss