Lower Town - Sandy Hill K1N 8A1 Ontario
MLS: X12472292
Added 2 days ago | For Sale
Listed by: ROYAL LEPAGE INTEGRITY REALTY
Turn-Key Investment in the Heart of Sandy Hill! An exceptional opportunity for investors, this fully leased property generates $4,485/month in rental income for the 2025/2026 school year, delivering an estimated Net Operating Income of $47,391 annually and a 6.0% cap rate. Currently operated as a student rental with zero vacancy history, this five-bedroom home is ideally situated steps from the University of Ottawa, Strathcona Park, and the Downtown core. The main level features a bright front bedroom, a welcoming living room, a functional kitchen, a full 3-piece bath, and a second bedroom at the rear. Upstairs, you'll find three spacious bedrooms and another full bath. Located in a high-demand neighbourhood with an excellent walk score, residents enjoy easy access to the Rideau Canal, Rideau Centre, public transit, and an array of local amenities - making it especially appealing to students and young professionals. Whether you're expanding your portfolio or seeking a steady income property in a proven location, this home is a must-see. Potential for future redevelopment adds even greater value.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Living Room | 10 ft, 7 in x 10 ft, 8 in | |
| Kitchen | 16 ft x 12 ft, 9 in | ||
| Dining Room | 11 ft, 6 in x 11 ft, 11 in | ||
| Den | 11 ft, 7 in x 10 ft, 11 in | ||
| Second | Primary Bedroom | 15 ft x 11 ft, 2 in | |
| Bedroom | 12 ft, 11 in x 8 ft, 6 in | ||
| Bedroom | 11 ft, 11 in x 12 ft, 5 in |
No property rooms available.
