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Listed by Re/Max Hallmark Realty Group.
121 Osgoode Street is a Triplex, 3-Storey and is currently for Sale @ $1,320,000. Taxes in 2025 were $9,127.00.
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Exceptional turnkey investment opportunity in the heart of Sandy Hill, just one block from the University of Ottawa. The 3-Storey on 121 Osgoode Street has 6 bedrooms, 4 bathrooms, and is located on a 52.5 x 27 ft lot in the community of Sandy Hill . This legal triplex with a secondary dwelling unit comprises four highly desirable, income-producing apartments, perfectly positioned for consistent student rental demand. Each thoughtfully updated suite features two bedrooms, one bathroom, hardwood flooring, and impressive high ceilings, creating bright and inviting living spaces. Recent capital improvements include a new roof (2016), furnace (2019), tankless hot water system (2011), rebuilt front porch (2025), and a newly renovated kitchen in Apartment 4 (2025). Current monthly rents are as follows: Apartment 1 - $1,734; Apartment 2 - $1,850; Apartment 3 - $1,834; Apartment 4 - $1,750. The property is equipped with five hydro meters, allowing for efficient utility management. Additional income is generated through parking ($4,080 annually) and coin-operated laundry ($1,000 annually), resulting in a strong net operating income of $69,600, with considerable upside potential through future rent increases. Notably, Apartments 2 and 3 will become vacant on April 30, 2026, providing the incoming owner with an opportunity to set market rents. A fire retrofit certificate is on file. A rare offering and a true cornerstone asset for any investment portfolio.
4 fridges, 4 stoves, 1 Washer, 1 Dryer, 1 Dishwasher, Light Fixtures
The address 121 Osgoode Street was listed for sale (MLS# X12718764) on Wednesday, January 21, 2026.