26 AYLMER AVENUE, Ottawa, Ontario
$1,699,000
- 8 Beds
- 6 Baths
Incredible investment opportunity in Old Ottawa South! Large multi-unit on expansive 30' x 161' lot newer 3,000 sqft addition containing 3 additional apartments plus main front house. All 4 apartments tenanted. One 3-Bedroom unit, two 2-Bedroom units and one 1 Bedroom unit. The older front of home unit has been updated with hardwood floors, granite countertops and newer cabinetry and updated bathroom - it has it's own Furnace (2020), A/C (2017) and Hot Water Tank (Rental). New addition completed in 2017 with 2 Furnaces and 2 Central Air units. 3 Hydro meters, 3 gas meters and 1 water meter. All units have in-unit laundry. Sump pump 2017, Roof 2017. City of Ottawa has suggested plan of a 5-plex for potential income increase. Building is legal as it stands. Current total gross monthly rental income is $11,349.31. Annual gross income: $131,055.00. Annual expenses: $24,288.30. Annual net income: $106,766.70. Motivated vendor. PROPERTY SOLD AS IS WHERE. Cap rate: 6.3%. (id:25961)
- Listing ID: X12604836
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 26 AYLMER AVENUE in Ottawa Ontario. It was last modified on December 5th, 2025. Contact Jason Ralph to schedule a viewing or to discover other Ottawa real estate for sale.