$1,589,000
 $8,530 est/mo Sourced by Back At You

206 Blackburn Avenue,Ottawa, ON K1N8A8

Ottawa, ON K1N8A8

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Description

NET ALMOST $100K PER YEAR - 6.2% CAP RATE! Exceptional investment opportunity - 10 BEDROOM/3,200+ sq. ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. This renovated legal duplex is located just steps from the University of Ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual Gross Income: $121,200, Annual Operating Expenses: $22,739, NOI: $98,460, CAP RATE: 6.2%. (id:13843)

Details

MLS #X13879142
Listing TypeFor Sale
StatusActive
Days On Site13
Listing Provided ByAVENUE NORTH REALTY INC. | Eli Skaff

Features

Bed(s)10
Bath(s) 5 Total
SQ Feet1,500
BasementY
Story(s)2

Interior

CoolingCentral air conditioning
HeatingForced air, Natural gas
AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan
Fireplace Yes / NoYes
Fireplaces Total1

Exterior

Lot FeaturesCarpet Free
Foundation DetailsConcrete

Parking

Parking FeaturesNo Garage
Parking Total2

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount10202.3

Area Information

ProvinceON
CityOttawa
Postal CodeK1N8A8
Listing VS Median (in K1N8A8)
Price:
$1,589,000
low | high
Med:
$2,784,500
25.235997482694% of Average
sqft:
1,500
low | high
Med:
2,500
16.666666666667% of Average
$ / sqft:
$1,059
low | high
Med:
$1,098
46.327429650274% of Average
On site:
13
low | high
Med:
37.5
34.666666666667% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityOttawa
Postal CodeK1N8A8
Listing VS Median (in K1N8A8)
Price:
$1,589,000
low | high
Med:
$2,784,500
25.235997482694% of Average
sqft:
1,500
low | high
Med:
2,500
16.666666666667% of Average
$ / sqft:
$1,059
low | high
Med:
$1,098
46.327429650274% of Average
On site:
13
low | high
Med:
37.5
34.666666666667% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.191M - $1.986M
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
95 TEMPLETON STREET Property Photo 1
$1,325,000
95 Templeton Street
Ottawa, ON K1N6X4
Listing Updated: October 10, 2026 at 3:20:51 AM PDT