* 7.3% CAP RATE * A rare opportunity in one of Ottawa's most prestigious and established neighbourhoods. This grand, solid brick home sits on a quiet, tree-lined street in the heart of Sandy Hill, surrounded by heritage homes. Properties like this rarely come to market. The numbers are exceptional - certified CASH COW. Verified 2025 financials show gross income of $76,200, operating expenses of $18,115, and a net operating income of $58,085, representing a 7.3% CAP RATE and generating over $1,700 per month in positive CASH FLOW at conventional financing. The property has never had a vacancy since the current owner purchased it. Two self-contained units with separate entrances offer 6 bedrooms, 3 full baths, 2 updated kitchens, and two sets of washers and dryers. Unit 1 (front) spans the main floor bedroom, second floor and attic. Unit 2 (rear) covers the main floor and lower level, with 2 three-piece bathrooms and is being sold fully furnished, offering a true turnkey experience for the next tenant. Updates include: both kitchens and bathrooms (2018), roof and A/C (2018), mud room (2018), furnace (2009), and a fully insulated four-season sunroom with new windows (2020). The large, low-maintenance backyard features a massive shed (2019), rare for this area. Steps to the University of Ottawa, 5-minute walk to Loblaws, close to the Rideau River, Strathcona Park, and transit. Tenant demand here is relentless. Whether an investor seeking proven cash flow, a multi-generational family, or a buyer looking to convert back to a stunning single-family home in a premier Ottawa address, this property delivers on every front. You simply have to walk through this home to understand the scale, character, and versatility it offers. Book your showing today. Full proforma and inspection available.
Under Contract:
Hot Water Tank-Gas
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2-Storey
Total Approx Floor Area:
2000-2500
Lot Depth:
99'30.2 m
Lot Frontage:
33'⅛"10.1 m
Direction Faces:
North
Bedrooms:
6+0
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
0
Bedrooms Above Grade:
6
Bedrooms Below Grade:
0
Kitchens Above Grade:
2
Rooms Above Grade:
9
Rooms Below Grade:
4
Rooms:
13
Zoning:
Residential
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Stone
Roof:
Asphalt Shingle
Basement:
Full, Partially Finished
Fireplace/Stove:
No
Garage:
Other
Garage Spaces:
0.0
Parking Spaces:
1
Total Parking Spaces:
1.0
Family Room:
Yes
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$7,839 /
2025
Assessment:
$- /
-
Ottawa
Lower Town - Sandy Hill
4003 - Sandy Hill
Public Transit, Park, School, School Bus Route, Fenced Yard
Other, Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor
Data was last updated June 12, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,224,750
Min list price:
$625,000
Max list price:
$1,600,000
Avg days on market:
31
Min days on market:
1
Max days on market:
115
These statistics are generated based on the current listing's property type
and located in
Lower Town - Sandy Hill. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.