122-124 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8H1
Lower Town - Sandy Hill, ON K1N 8H1
Quick cost estimateKnown monthly subtotal$21,503.79 / monthLand transfer tax $76,455One-time estimate
Quick cost estimate
$21,503.79 / monthKnown monthly subtotal
- Mortgage principal & interest
- $18,606.71
- Property tax / month
- $2,897.08
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $76,455
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $76,455
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
Want to see it in person?Request a showing →
About this home
This is a rare opportunity to acquire two neighboring, income-producing multi-family buildings on **one title** in Ottawa's historic Lowertown. Comprising 14 residential units (7 per building), this stabilized investment is ideally located just minutes from the ByWard Market, Rideau Centre, the University of Ottawa, and major government employment hubs. The majority of suites are in excellent condition, with only a few offering value-add potential through light cosmetic updates and rental optimization. Major capital improvements-including roofs, windows, electrical upgrades, and efficient electric heat pumps-have already been completed, helping minimize near-term capital expenditures. Positioned in one of Ottawa's most desirable urban rental markets, the property benefits from strong demand driven by students, young professionals, and government employees. An assumable CMHC-insured mortgage is available, and the property is held in a standalone corporation, presenting a compelling opportunity for investors seeking stable cash flow with long-term upside.
Home details
- Days on market
- Not reported
- Property type
- Investment
- MLS® number
- X12851986
- Source status
- Price Change
- Postal code
- K1N 8H1
- Stored area (basis / units unverified)
- 0
- Lot depth
- 165.66 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- Not reported
- Occupancy
- Tenant
- Possession type
- Flexible
- Garage
- Outside/Surface
- Annual property tax
- 34765
- Heating system
- Baseboard
- Cooling
- Yes
- Utility services
- Yes
- MLS entry age (not confirmed DOM)
- 248 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Reported utility services
- Yes
- Heating system
- Baseboard
- Cooling
- Yes
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
Room-count details have not been supplied for this listing.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $3,999,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
Explore sold records with approved VOW access →Nearby homes sold in Lower Town - Sandy Hill
Recent sold-home details are for approved VOW members. Sign in to view source-reported homes, dates and prices.
Estimate monthly costs
Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.
Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Map and neighbourhood
- Region / county
- Ottawa
- Municipality
- OTTAWA
- MLS® community
- 4002 - Lower Town
Plan a trip from this home
Check a route from this property to work, school or another destination. Google Maps provides the current estimate when opened; traffic and departure time affect results.
Google Maps opens in a new tab and calculates the route. Your destination and this property location are sent to Google only when you submit. EnterHome does not store the destination or calculate a travel time.
Around this property
Schools, transit & everyday places
Published local sources. Distances are approximate straight-line distances, not walking routes.
Filter the records displayed below.
Nearby publicly funded schools
Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.
School year 2024-2025 · Preliminary · publisher extract 2026-09-14.
École élémentaire catholique Sainte-Anne ↗
Elementary · JK-8 · French · Catholic
School board: CSDC du Centre-Est de l'Ontario ↗
235 Beausoleil promenade, Ottawa
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
York Street Public School ↗
Elementary · JK-8 · English · Public
School board: Ottawa-Carleton DSB ↗
310 York St, Ottawa
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 29%
- Grade 3 Writing (at provincial standard)
- 35%
- Grade 3 Mathematics (at provincial standard)
- 29%
- Grade 6 Reading (at provincial standard)
- 65%
- Grade 6 Writing (at provincial standard)
- 75%
- Grade 6 Mathematics (at provincial standard)
- 20%
École élémentaire publique De la Salle
Elementary · 7-8 · French · Public
School board: CÉP de l'Est de l'Ontario ↗
501 ancienne St-Patrick rue, Ottawa
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
École élémentaire publique Francojeunesse ↗
Elementary · JK-6 · French · Public
School board: CÉP de l'Est de l'Ontario ↗
119 Osgoode rue, Ottawa
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
École secondaire publique De La Salle ↗
Secondary · 9-12 · French · Public
School board: CÉP de l'Est de l'Ontario ↗
501 ancienne St-Patrick rue, Ottawa
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
École élémentaire publique Mauril-Bélanger
Elementary · JK-6 · French · Public
School board: CÉP de l'Est de l'Ontario ↗
307 Montgomery rue, Vanier
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
École élémentaire publique Trille des Bois
Elementary · JK-8 · French · Public
School board: CÉP de l'Est de l'Ontario ↗
140 Genest rue, Vanier
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
Viscount Alexander Public School ↗
Elementary · JK-6 · English · Public
School board: Ottawa-Carleton DSB ↗
55 Mann Ave, Ottawa
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 42%
- Grade 3 Writing (at provincial standard)
- 37%
- Grade 3 Mathematics (at provincial standard)
- 45%
- Grade 6 Reading (at provincial standard)
- 100%
- Grade 6 Writing (at provincial standard)
- 100%
- Grade 6 Mathematics (at provincial standard)
- 53%
Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.
Filter the records displayed below.
Transit near this property
No current nearby stops were returned by the installed TTC, GO Transit and UP Express datasets. Coverage and service dates vary; distances and travel times are not inferred.
Filter the records displayed below.
Nearby shops & amenities
No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.
Want to see this home?Request a showing →
Similar homes for sale in 4002 - Lower Town, Lower Town - Sandy Hill, Ottawa, Ontario
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
How do I request a showing?
Choose a date and time preference in the request form. A request is not a confirmed appointment; EnterHome will confirm availability separately.
Are the measurements and features independently verified?
Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
What do nearby school, transit and shop results mean?
They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
Can I see sold prices for nearby properties?
Sold and leased comparable records are shown only to approved VOW users where the source permits display. Sign in or request VOW access if prompted.
How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
122-124 Cobourg Street, Lower Town - Sandy Hill, ON K1N 8H1, Lower Town - Sandy Hill is listed for sale as a Investment. Asking price: $3,999,000. Occupancy is reported as Tenant. MLS® X12851986.
The Ministry’s school dataset lists École élémentaire catholique Sainte-Anne approximately 259 m from the property’s mapped location.
Local context
The Ministry’s school dataset lists École élémentaire catholique Sainte-Anne approximately 259 m from the property’s mapped location.
Sources & distance notes
Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility.
Explore the area: Ottawa · 4002 - Lower Town.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: EXP REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X12851986. Information deemed reliable but not guaranteed.