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.
Address
26 Aylmer Avenue
List Price
$1,699,000
MLS® Status
New
Expiration Date
2026-04-30
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
3-Storey
Transaction Type
Sale
Area
Glebe - Ottawa East and Area
Sub-Area
4403 - Old Ottawa South
Region
Ottawa
Bedrooms
8
Bedrooms (Total)
8
Rooms Above Grade
14
Bathrooms
6
Floor Area
3500-5000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
161.96
Lot Size Units
Feet
Lot Width
30.36
Parcel Number
631260521
Occupant Type
Tenant
Cross Street
Bank St/Aylmer Ave
MLS® Number
X12604836
Listing Brokerage
ROYAL LEPAGE PERFORMANCE REALTY
Basement Area
Finished
Postal Code
K1S 2W9
Posession Details
TBA
Parking Places (Total)
2
Parking Spaces
2
Tax Amount
$15,949.00
Tax Year
2025
Interior Features
Other
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick, Vinyl Siding
Direction Faces
South
Fireplace
No
Foundation Details
Concrete, Stone
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PART OF LOTS 1 AND 3 PLAN 36, W/S GALT STREET, BEING PARTS 1 AND 2 ON PLAN 4R-26025. SUBJECT TO AN EASEMENT OVER PART 2 ON PLAN 4R-26025 IN FAVOUR OF PART OF LOTS 1 AND 3 PLAN 36, W/S GALT STREET, BEING PARTS 3 AND 4 ON PLAN 4R-26025 AS IN OC1378932 TOGETHER WITH AN EASEMENT OVER PART OF LOTS 1 AND 3 PLAN 36, W/S GALT STREET, BEING PART 3 ON PLAN 4R-26025 AS IN OC1378932 CITY OF OTTAWA
Waterfront
No
Sewer
Sewer
