Listed on: Jun 22, 2026
Last Updated: Jun 22, 2026
8,775 ft²Multifamily$3,150,000Sale
8,775 ft²
Multifamily
$3,150,000
Sale
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An exceptional opportunity to acquire a multi-family asset in Sandy Hill, one of Ottawa’s most storied and sought-after neighbourhoods. The property comprises 14 bachelor units and a spacious four-bedroom apartment, offering a diverse unit mix well-suited to the surrounding rental market. Positioned just 400 metres from the University of Ottawa, the building draws consistent demand from students and young professionals, underpinning strong and reliable occupancy. Residents benefit from an unmatched walkable lifestyle — with restaurants, museums, parks, and the vibrant ByWard Market all steps away, alongside everyday essentials including grocery stores, the LCBO, and Shoppers Drug Mart. For investors, this property represents a rare chance to establish stable, long-term cash flow in one of the capital’s most enduring and in-demand urban communities. Interior photos available by request. Showings can be arranged with 48 hours of notice.
The Space
Asking Price$3,150,000
Available Space8,775 ft²
Net Operating Income$172076
Property UseMulti family
ZoningCM1[2262] H(20)
Cap Rate5.46%
Year Built1858
SourceDirect
The Building
- Fully leased, 15 unit multi-family property - 14x bachelor units and 1x 4-bedroom unit - 400 metres from the University of Ottawa - Laundry facilities on-site - Long-term stable investment property -Rents meaningfully below market across all unit types, offering organic upside through turnover
Property TypeMultifamily
Floors3
Lot Size5,759 ft²
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