26 AYLMER AVENUE, Ottawa, Ontario

4,782 Square Feet

$1,699,000

Listing ID: X12813150 Property Type: Multi-family

Incredible investment opportunity in the heart of Old Ottawa South! This fully tenanted multi-unit property sits on an expansive 30' x 161' lot and features a newer 3,000 sq. ft. addition, creating four self-contained apartments in total.The building includes one spacious 3-bedroom unit, two well-appointed 2-bedroom units, and one 1-bedroom unit. The original front unit has been tastefully updated with hardwood floors, granite countertops, modern cabinetry, and a renovated bathroom. It also features its own furnace (2020), A/C (2017), and rented hot water tank. The 2017 addition was thoughtfully constructed with two furnaces and two central A/C units. Additional improvements include roof (2017) and sump pump (2017). The property is serviced by 3 hydro meters, 3 gas meters, and 1 water meter. All units offer the convenience of in-unit laundry. Currently generating $11,349.31 in gross monthly rental income with a 6.3% cap rate. The property is legal as it stands, and the City of Ottawa has suggested potential for a 5-plex configuration, offering future upside for increased income. (id:25961)

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Details

Equipment: Water Heater
Rental Equipment: Water Heater
Transaction: For sale
Zoning Description: R3

Building

Appliances: Dishwasher, Dryer, Washer
Cooling: Fully air conditioned
Fireplace Present: False
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 4782 sqft
Type: Multi-Family
Utility Water: Municipal water

Land

Size Frontage: 30 ft ,4 in
Size Irregular: 30.36 x 161.96 FT

Listing provided by ROYAL LEPAGE PERFORMANCE REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 26 AYLMER AVENUE in Ottawa Ontario. It was last modified on April 27th, 2026. Contact Stéphane Chevalier to schedule a viewing or to discover other Ottawa real estate for sale.

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