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206 Blackburn Avenue, Lower Town - Sandy Hill, ON K1N 8A8
Lower Town - Sandy Hill, ON K1N 8A8
About this property
5.6% CAP RATE! Exceptional investment opportunity - 10 BEDROOM/3,200+ sq. ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. This renovated legal duplex is located just steps from the University of Ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual Gross Income: $121,200, Annual Operating Expenses: $22,739, NOI: $98,460, CAP RATE: 5.6%.
Property Summary
Building details
Room dimensions
| # | Room | Level | Dimensions | Features |
|---|---|---|---|---|
| 1 | Kitchen | Main | 4.78 × 3.05 ft | Stainless Steel Appl, Hardwood Floor, Granite Counters |
| 2 | Living Room | Main | 4.39 × 2.72 ft | Fireplace, Hardwood Floor |
| 3 | Dining Room | Main | 4.27 × 3.12 ft | Hardwood Floor |
| 4 | Powder Room | Main | 2.31 × 1.63 ft | 2 Pc Bath, Tile Floor |
| 5 | Bedroom | Main | 3.81 × 2.84 ft | Laminate |
| 6 | Bedroom | Main | 3 × 2.69 ft | Laminate |
| 7 | Bathroom | Main | 3.63 × 1.93 ft | 5 Pc Bath, Tile Floor, Double Sink |
| 8 | Laundry | Main | Tile Floor | |
| 9 | Bedroom | Upper | 3.99 × 2.74 ft | Laminate |
| 10 | Bedroom | Upper | 3.28 × 2.95 ft | Laminate |
| 11 | Bedroom | Upper | 2.95 × 2.79 ft | Laminate |
| 12 | Bathroom | Upper | 2.11 × 1.63 ft | 3 Pc Bath, Tile Floor, Separate Shower |
| 13 | Kitchen | Lower | 3.91 × 2.08 ft | Stainless Steel Appl, Laminate, Quartz Counter |
| 14 | Living Room | Lower | 4.11 × 2.79 ft | Laminate |
| 15 | Dining Room | Lower | 3.56 × 3.07 ft | Laminate |
| 16 | Bedroom | Lower | 3.38 × 2.46 ft | Laminate |
| 17 | Bedroom | Lower | 3.02 × 2.92 ft | Laminate |
| 18 | Bedroom | Lower | 3.2 × 2.51 ft | Laminate |
| 19 | Bedroom | Lower | 2.97 × 2.74 ft | Laminate |
| 20 | Bathroom | Lower | 2.46 × 2.11 ft | 3 Pc Bath, Tile Floor |
| 21 | Bathroom | Lower | 1.73 × 1.57 ft | 3 Pc Bath, Tile Floor, Separate Shower |
| 22 | Laundry | Lower | 1.52 × 1.09 ft | Tile Floor |
| 23 | Bedroom | Main | Laminate |