Incredible investment opportunity in Old Ottawa South! Large multi-unit on expansive 30' x 161' lot newer 3,000 sqft addition containing 3 additional apartments plus main front house. All 4 apartments tenanted. One 3-Bedroom unit, two 2-Bedroom units and one 1 Bedroom unit. The older front of home unit has been updated with hardwood floors, granite countertops and newer cabinetry and updated bathroom - it has it's own Furnace (2020), A/C (2017) and Hot Water Tank (Rental). New addition completed in 2017 with 2 Furnaces and 2 Central Air units. 3 Hydro meters, 3 gas meters and 1 water meter. All units have in-unit laundry. Sump pump 2017, Roof 2017. City of Ottawa has suggested plan of a 5-plex for potential income increase. Building is legal as it stands. Current total gross monthly rental income is $11,349.31. Annual gross income: $131,055.00. Annual expenses: $24,288.30. Annual net income: $106,766.70. Motivated vendor. PROPERTY SOLD AS IS WHERE. Cap rate: 6.3%. (id:25961)
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Rooms
| Level | Type | Dimensions |
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Details
- Equipment: Water Heater
- Parking Spaces: 2
- Rental Equipment: Water Heater
- Transaction: For sale
- Zoning Description: R3
Building
- Appliances: Dishwasher, Dryer, Two stoves, Washer, Refrigerator
- BasementType: N/A (Finished)
- Basement Development: Finished
- Bedrooms Main Level: 8
- Cooling: Central air conditioning
- Exterior Finish: Brick, Vinyl siding
- Fireplace Present: False
- Foundation: Concrete, Stone
- Bathrooms (Total): 6
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 3500 - 5000 sqft
- Stories Total: 3
- Type: Other
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 30 ft ,4 in
- Size Irregular: 30.4 x 162 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 February 23rd, 2026. Contact Biju George to schedule a viewing or to discover other Ottawa real estate for sale.