$1,299,000
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121 Osgoode Street, Ottawa, ON K1N6S5

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8 Beds
4 Baths
- Sq Ft

Exceptional turnkey investment opportunity in the heart of Sandy Hill, just one block from the University of Ottawa. This Victorian triplex with a legal secondary dwelling unit has four highly desirable & spacious apartments. Each thoughtfully updated suite features two bedrooms, one bathroom, hardwood flooring, and impressive high ceilings, creating bright and inviting living spaces. Recent capital improvements include a new roof (2016), furnace (2019), tankless hot water system (2011), rebuilt front porch (2025), and a newly renovated kitchen in Apartment 4 (2025) and new kitchen & paint in Apartment 3 (2026) . Current monthly rents are as follows: Apartment 1 - $1, 734; Apartment 2 - $2, 150; Apartment 3 - $2050; Apartment 4 - $1750; with 2 % rent increases for Apt 1 & 4 coming in Sept. Additional income is generated through parking ($4, 080 annually) and coin-operated laundry ($1, 000 annually), resulting in a total income of $98, 008, a strong net operating income of $76, 512 & a Cap Rate of 5.89%. With five individual hydro meters providing efficient utility management, a fire retrofit certificate on file, and consistent demand driven by the property's proximity to the University of Ottawa, this asset offers both operational simplicity and long-term reliability. Significant upside remains available through future rent growth as apartments turn over - making this a compelling addition to any investment portfolio. (id:58753)

Listing By: Jennifer Skuce - RE/MAX HALLMARK REALTY GROUP cncrea2 Realty.com
  • MLS® X13165198
  • Date Listed05/23/2026
  • Days on Realty 65 Days
  • Bedrooms 8
  • Bathrooms 4 baths
  • Lot Size -
  • Sewer Other
  • Property Type Triplex
  • Water Public

Interior Features

  • Appliances Washer, Refrigerator, Water meter, Stove, Dryer, Water Heater
  • Cooling None
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Flat site

Directions

Cross Streets: Osgoode and Nelson. ** Directions: 1 block south of Laurier just East of Nelson on the north side ofstreet.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1N6S5

Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.

Walkability in ON / K1N6S5

Source: Walk Score

88/100

Very Walkable

Walk Score ®

86/100

Excellent Transit

Transit Score ®

93/100

Biker's Paradise

Bike Score ®

Overview

Most errands can be accomplished on foot. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

Transit Summary

68 nearby routes: 67 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 67/100, Transit Score: 61/100, Bike Score: 84/100.

Points of Interest near 121 OSGOODE STREET, Ottawa, ON K1N6S5

Frequently Asked Questions for 121 OSGOODE STREET

Source: Realty.com

121 OSGOODE STREET, Ottawa, ON K1N6S5 in Ottawa, ON K1N6S5 is a triplex listed at $1,299,000. Highlights include 8 bedrooms, 4 bathrooms. Realty.ca has 43 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 43 photos of 121 OSGOODE STREET.

The full address for this home is 121 OSGOODE STREET, Ottawa, ON K1N6S5.

121 OSGOODE STREET has been listed on Realty.com since Sat May 23, 2026

Most errands can be accomplished on foot. 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: 67/100, Transit Score: 61/100, Bike Score: 84/100.

Listing provided courtesy of: RE/MAX HALLMARK REALTY GROUP
Listing agent: Jennifer Skuce

This content last refreshed on 2026-07-27 12:33:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.