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Cobourg St 4 Unit Apartment Building $1,190,000 CAD ($297,500 CAD/Unit) 5.24% Cap Rate Ottawa, ON K1N 8G8

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INVESTMENT HIGHLIGHTS

  • Fully occupied 4-unit building providing steady rental income.
  • Turn-key condition—no major repairs or updates needed.
  • Renovated multiple times while maintaining original character.
  • Strong cap rate of 4.71%, ideal for long-term investment stability.

EXECUTIVE SUMMARY

For sale is a well-maintained, fully occupied 4-unit multifamily property, originally built in 1920 and thoughtfully renovated multiple times over the years. This classic building blends historic charm with modern updates, making it a truly turn-key investment opportunity. Each unit is currently rented, offering immediate and stable cash flow for the new owner. The property has been carefully cared for, with visible pride of ownership throughout. Whether you're a seasoned investor or just starting your real estate portfolio, this is a rare chance to acquire a solid, income-producing asset that requires no immediate work. Don’t miss out on this opportunity—schedule a showing or request more information today.

PROPERTY FACTS

Price $1,190,000 CAD
Price Per Unit $297,500 CAD
Sale Type Investment
Cap Rate 5.24%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.05 AC
Building Size 4,552 SF
Average Occupancy 100%
No. Stories 3
Year Built 1920

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 $2,030 CAD -
1+1 2 $1,602 CAD -
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (76)
Bike Score®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37367063

  • Date on Market: 2025-08-21

  • Last Updated:

  • Address: Cobourg St, Ottawa, ON K1N 8G8

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