27 m
Distance
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. (id:58753)
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.
99/100
Walker's Paradise
Walk Score ®
82/100
Excellent Transit
Transit Score ®
99/100
Biker's Paradise
Bike Score ®
Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.
45 nearby routes: 44 bus, 1 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 62/100, Bike Score: 84/100.
Source: Realty.com
60 COBOURG STREET, Ottawa, ON K1N8G8 in Ottawa, ON K1N8G8 is a multi family listed at $6,799,000. Highlights include 19,450 sq. ft., $350 per sq. ft.. Realty.ca has 32 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 32 photos of 60 COBOURG STREET.
The full address for this home is 60 COBOURG STREET, Ottawa, ON K1N8G8.
60 COBOURG STREET has been listed on Realty.com since Sat April 25, 2026
Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 62/100, Bike Score: 84/100.
Listing provided courtesy of:
CAPITAL COMMERCIAL INVESTMENT CORP.
Listing agent:
Paul Robillard
This content last refreshed on 2026-06-07 01:16:02. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.