* 7.3% CAP RATE * A rare opportunity in one of Ottawa's most prestigious and established neighbourhoods. This grand, solid brick home sits on a quiet, tree-lined street in the heart of Sandy Hill, surrounded by heritage homes. Properties like this rarely come to market. The numbers are exceptional - certified CASH COW. Verified 2025 financials show gross income of $76,200, operating expenses of $18,115, and a net operating income of $58,085, representing a 7.3% CAP RATE and generating over $1,700 per month in positive CASH FLOW at conventional financing. The property has never had a vacancy since the current owner purchased it. Two self-contained units with separate entrances offer 6 bedrooms, 3 full baths, 2 updated kitchens, and two sets of washers and dryers. Unit 1 (front) spans the main floor bedroom, second floor and attic. Unit 2 (rear) covers the main floor and lower level, with 2 three-piece bathrooms and is being sold fully furnished, offering a true turnkey experience for the next tenant. Updates include: both kitchens and bathrooms (2018), roof and A/C (2018), mud room (2018), furnace (2009), and a fully insulated four-season sunroom with new windows (2020). The large, low-maintenance backyard features a massive shed (2019), rare for this area. Steps to the University of Ottawa, 5-minute walk to Loblaws, close to the Rideau River, Strathcona Park, and transit. Tenant demand here is relentless. Whether an investor seeking proven cash flow, a multi-generational family, or a buyer looking to convert back to a stunning single-family home in a premier Ottawa address, this property delivers on every front. You simply have to walk through this home to understand the scale, character, and versatility it offers. Book your showing today. Full proforma and inspection available. (id:19004)
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