For Sale

68 Sweetland Avenue, Lower Town - Sandy Hill, Ontario K1N 7T8

$0

68 Sweetland Avenue, Lower Town - Sandy Hill, Ontario K1N 7T8 is For Sale and has a listing price of 2,309,000. The property is located in the Sandy Hill - Ottawa East neighbourhood . It's been on the website for 27 Days.

  • Investment
    Property Type
  • MLS ID: X12401650
  • Office Name SLEEPWELL REALTY GROUP LTD
Property Description

Exceptional development, with 33-unit expansion, and investment opportunity in Sandy Hill, just steps from the University of Ottawa. 68 Sweetland Avenue is a fully renovated multi-residential property offering 9 units with 10 furnished bedrooms, currently operated on an all-inclusive rental model that consistently appeals to students and young professionals. The building generates a gross annual revenue of $168,168 and a Net Operating Income of $117,182, representing a solid 5.0% cap rate at todays performance. In addition to the strong income in place, the property comes with approved plans for a 33-unit expansion, creating significant long-term growth potential. This positions the property as more than just a stable income generator, its also a development play in one of Ottawas most reliable neighbourhoods. Tenants benefit from a 90 Walk Score, 80 Transit Score, and 94 Bike Score, with cafés, restaurants, grocery stores, and the ByWard Market all within walking distance. Renovated suites, upgraded systems, and the furnished rental model ensure stable operations while the approved expansion unlocks future scalability. For investors seeking both current cash flow and a clear path to future growth, 68 Sweetland offers a rare combination of income stability and development upside in the core of the city.

Property Details
  • MLS ID: X12401650
  • Price: $2,309,000
  • Lot Depth: 79
  • Transaction Types: For Sale
  • Ref ID: X12401650
  • Year Built: N/A
  • Dir / Cross St: Sweeltand & Osgoode
  • Status: Active
  • Tax Year: 2025
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
09/13/2025 X12401650 $2,309,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Sandy Hill - Ottawa East
  • $1,072,721 Average List Price
    based on 1 year
  • 52 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.77 % Up
  • Sold (12mo) 26
  • Rented (12mo) 24

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -14.5%
Walkscore
  • 95 Walk Score
    Walker's Paradise
  • 85 Transit Score
    Excellent Transit
Additional Details
  • Heat Type Gas Hot Water
  • Garage Type Y
  • Taxes: $12,192
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 13/09/2025 00:48:56
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