227 Blackburn Avenue

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$2,599,000

227 Blackburn Avenue

Sandy Hill, Ottawa · MLS® X13410974

168

House · Multi-family · 140 days on market

listed by Steve Gabellini, EXP REALTY

realtor's description

Modern Fourplex located in Sandy Hill, offering fully furnished 4 bedrooms and 2 bathrooms with a washer & dryer in every unit. Built in 2020, in a prime rental location, close to downtown, the By-ward Market, the Rideau Canal and more specifically, the University of Ottawa, this property is a CASH-COW with with one of the lowest vacancy rates in the City. The security & keypad system allows the Tenants to have peace of mind and easy access. These units offer modern amenities not found in other rental properties. Net Income $116,709.03/2025

property details

type: House, Multi-family
bedrooms: 16
bathrooms: 8
parking: 0
property tax: $18,229 / yr
days on market: 140
MLS®: X13410974

features

Washer
Refrigerator
Stove
Dryer
Microwave

monthly cost

$12,843/mo

Mortgage $11,324 · Tax $1,519

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$11,324/ monthly

loan $2,079,200

25-year amortization

down payment20% · $519,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,317,878
cash to close: $519,800; down payment; transfer tax and fees not included
total paid: $3,397,078

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.