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    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8

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    • 60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    For Sale Active Under Contract Commercial

    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8

    $6,799,000

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    60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8, Lower Town - Sandy Hill, ON
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      19450.0 sqft

    Welcome to an exceptional investment opportunity in one of downtown's most sought-after rental neighbourhoods, Lower Town. This impeccably maintained 26-unit building offers bright, spacious apartments, a strong and established tenant-base with consistent occupancy, strategic building upgrades, and valuable R5 H(18) F(2.0) zoning. Located prominently at the corner of Clarence Street East and Cobourg Street, 60 Cobourg Street comprises 22 apartment units in the main building, along with four townhouse-style units featuring private entrances on Clarence Street East. All 26 units were comprehensively upgraded in 2011, featuring a cohesive design with hardwood flooring and matching kitchens equipped with dishwashers, with the roof, windows, electrical and domestic plumbing also fully replaced in 2011. The common hallways are designed to blend the building's original character with an elevated, upscale aesthetic. Updated hallways feature fresh paint, LED lighting, and tasteful artwork, creating a warm and welcoming atmosphere for residents. The property is ideally situated just steps from the many amenities of Rideau Street, a short walk to the University of Ottawa campus, and directly serviced by public transit at the front door. MacDonald Gardens Park is located directly across the street, an ideal green space for tenants, further enhancing the appeal of the location.Thanks to its prime setting and meticulous upkeep, the property has historically re-rented easily and efficiently to qualified applicants, primarily young professionals; resulting in a consistently fully-tenanted rent roll. The unit-mix includes two bachelor units, seven one-bedroom units, six one-bedroom plus den units, ten two-bedroom units, and one three-bedroom unit. Additional features include three newer card-operated stackable laundry machines, providing tenants with the convenience of on-site laundry while generating reliable income for the owner. Attractive upside potential on current rent roll.

    Property Highlights

    For Sale
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      MLS NO.

      X12818632

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      Type

      Commercial

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      Sub Type

      Investment

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      Square Footage

      19450.0 sqft

    Complete Property Details

    Property Type Commercial
    Sub Type Investment
    Transaction Type For Sale
    Status Active Under Contract
    Contract Status Available
    MLS® Number X12818632
    Security Features Yes
    Lot Width 98.25
    Garage Type None
    Cooling No
    Heat Type Water Radiators
    Internet Address Display Yn Yes
    Internet Entire Listing Display Yn Yes
    Full Address 60 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8G8
    City Lower Town - Sandy Hill
    Neighbourhood 4002 - Lower Town
    County / Region Ottawa
    Province / State ON
    Postal Code K1N 8G8
    Cross Street Cobourg Street and Clarence Street E
    Directions Take Rideau Street, Turn North on Cobourg Street. Property will be on your left.
    Country CA
    List Price $6,799,000
    Annual Taxes $52,967
    Tax Year 2025
    Legal Description PT LT 5, PL 43586 , S/S CLARENCE ST (FORMERLY FRANKLIN ST), AS IN N740685 ; OTTAWA/NEPEAN
    Possession Type Flexible
    Possession Details Immediate
    Listing Office CAPITAL COMMERCIAL INVESTMENT CORP.
    Board Ottawa Real Estate Board
    Original Entry 2026-02-25T15:12:37Z
    Media Updated 2026-03-13T19:20:57Z
    Photos Updated 2026-03-13T19:20:57Z
    Last Modified 2026-03-10T20:21:34Z
    System Modified 2026-03-13T19:20:57.808232Z
    MLS Status Sold Conditional
    Basement Yn Yes
    Ddfyn Yes
    Expiration Date 2026-06-30
    Heat Type Multi Water Radiators
    Hstapplication In Addition To
    Occupant Type Tenant
    Originating System Id A00001796
    Parcel Number 042130097
    Public Remarks Welcome to an exceptional investment opportunity in one of downtown's most sought-after rental neighbourhoods, Lower Town. This impeccably maintained 26-unit building offers bright, spacious apartments, a strong and established tenant-base with consistent occupancy, strategic building upgrades, and valuable R5 H(18) F(2.0) zoning. Located prominently at the corner of Clarence Street East and Cobourg Street, 60 Cobourg Street comprises 22 apartment units in the main building, along with four townhouse-style units featuring private entrances on Clarence Street East. All 26 units were comprehensively upgraded in 2011, featuring a cohesive design with hardwood flooring and matching kitchens equipped with dishwashers, with the roof, windows, electrical and domestic plumbing also fully replaced in 2011. The common hallways are designed to blend the building's original character with an elevated, upscale aesthetic. Updated hallways feature fresh paint, LED lighting, and tasteful artwork, creating a warm and welcoming atmosphere for residents. The property is ideally situated just steps from the many amenities of Rideau Street, a short walk to the University of Ottawa campus, and directly serviced by public transit at the front door. MacDonald Gardens Park is located directly across the street, an ideal green space for tenants, further enhancing the appeal of the location.Thanks to its prime setting and meticulous upkeep, the property has historically re-rented easily and efficiently to qualified applicants, primarily young professionals; resulting in a consistently fully-tenanted rent roll. The unit-mix includes two bachelor units, seven one-bedroom units, six one-bedroom plus den units, ten two-bedroom units, and one three-bedroom unit. Additional features include three newer card-operated stackable laundry machines, providing tenants with the convenience of on-site laundry while generating reliable income for the owner. Attractive upside potential on current rent roll.
    Showing Requirements List Salesperson
    Street Name Cobourg
    Street Number 60
    Street Suffix Street
    Vendor Property Info Statement No