For Sale · Ottawa · Multi-family

$1,749,900

206 BLACKBURN AVENUE, Ottawa

Beds

5 (1 half)

Baths

About This Home

The details.

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%. (id:66635)

Summarizing the highlights...

MLS® X13549418Listing courtesy of AVENUE NORTH REALTY INC.View on map Street view

Property Details

Facts & features.

Property type: Multi-family
Storeys: 2
Parking: 2 spaces
Listed on: 2026-07-10
Days on market: 5
MLS number: X13549418
Data source: Ottawa Real Estate Board

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$8,184

$1,399,920 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$8,184

Cash flow

-$8,184

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Ottawa right now

1,331

Active listings

1,658

New this week

$590,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Ottawa.

Household and demographic stats for Ottawa, from the Statistics Canada 2021 Census.

1,017,449
Population (2021): 40
Median age: 407,255
Households: 2.5
Avg household size: 63.9%
Home ownership: $102,000
Median household income

Ottawa market trends

Source: Statistics Canada 2021 Census, Ottawa, City, Ontario.

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Viscount Alexander Public School
public · elementary
300 m
Faculty of Engineering Secondary School
independent · secondary
580 m
École élémentaire publique Francojeunesse
public · elementary
790 m
Lisgar Collegiate Institute
public · secondary
1.2 km
École élémentaire publique Mauril-Bélanger
public · elementary
1.2 km
Polaris School and Centre - A Waldorf In
independent · k12
1.2 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

Similar Homes

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Rental Market

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Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.