146-160 Osgoode Street, Lower Town - Sandy Hill, ON K1N 6S6
$14,900,000
146-160 Osgoode Street, Lower Town - Sandy Hill, ON K1N 6S6, Lower Town - Sandy Hill, ON
Rare opportunity to acquire a large-scale multi-residential portfolio in Sandy Hill, just steps from the University of Ottawa. 146-160 Osgoode Street encompasses 8 addresses with a total of 68 fully renovated units, each designed to maximize income with shared kitchens, living areas, and balconies. This high-demand location consistently appeals to students and young professionals, supported by a 96 Walk Score and 97 Bike Score, with immediate access to campus, shops, restaurants, pubs, and everyday conveniences. The property produces a gross annual revenue of $1,125,247 and a Net Operating Income of $839,120, representing a strong 5.5% cap rate at current performance. Tenants benefit from modern amenities, upgraded systems, and efficient layouts that keep occupancy high while maintaining operational stability. Additional income streams are generated through shared facilities, enhancing the properties return profile. With its size, cash flow, and prime location, this portfolio represents a turnkey opportunity to secure one of Ottawas largest and most reliable student-focused multi-residential assets. Long-term appreciation potential, combined with strong current income, makes this a rare and highly attractive offering.
Property Highlights
For Sale
MLS NO.
X12401678
Type
Commercial
Sub Type
Investment
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12401678
Lot Width
0.0
Lot Size
0.02
Garage Type
None
Cooling
Yes
Heat Type
Gas Hot Water
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
146-160 Osgoode Street, Lower Town - Sandy Hill, ON K1N 6S6
City
Lower Town - Sandy Hill
Neighbourhood
4004 - Sandy Hill
County / Region
Ottawa
Province / State
ON
Postal Code
K1N 6S6
Cross Street
Osgoode & Nelson
Directions
From King Edward, East onto Osgoode, properties between Nelson & Sweetland.
Country
CA
List Price
$14,900,000
Annual Taxes
$39,552
Tax Year
2025
Possession Type
Flexible
Possession Details
TBD
Listing Office
SLEEPWELL REALTY GROUP LTD
Board
Ottawa Real Estate Board
Original Entry
2025-09-13T01:19:37Z
Media Updated
2025-09-13T01:19:38Z
Photos Updated
2025-09-13T01:19:38Z
Last Modified
2025-11-30T13:53:58Z
System Modified
2025-11-30T13:53:58.858367Z
MLS Status
Extension
Ddfyn
Yes
Expiration Date
2026-01-31
Heat Type Multi
Gas Hot Water
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
042090195
Public Remarks
Rare opportunity to acquire a large-scale multi-residential portfolio in Sandy Hill, just steps from the University of Ottawa. 146-160 Osgoode Street encompasses 8 addresses with a total of 68 fully renovated units, each designed to maximize income with shared kitchens, living areas, and balconies. This high-demand location consistently appeals to students and young professionals, supported by a 96 Walk Score and 97 Bike Score, with immediate access to campus, shops, restaurants, pubs, and everyday conveniences. The property produces a gross annual revenue of $1,125,247 and a Net Operating Income of $839,120, representing a strong 5.5% cap rate at current performance. Tenants benefit from modern amenities, upgraded systems, and efficient layouts that keep occupancy high while maintaining operational stability. Additional income streams are generated through shared facilities, enhancing the properties return profile. With its size, cash flow, and prime location, this portfolio represents a turnkey opportunity to secure one of Ottawas largest and most reliable student-focused multi-residential assets. Long-term appreciation potential, combined with strong current income, makes this a rare and highly attractive offering.