227 BLACKBURN Avenue, Ottawa, Ontario, K1N8A9




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$2,599,000
Ottawa
This multi-family property in Ottawa is for sale.
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 (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 151 days on market, against an average age of 62 days across the listings currently for sale in this city
This 16-bed multi-family in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,599,000, about 40.6× the local median household income of $64,000.
Carrying it typically needs a household income of about $507,676 (20% down, 25-yr amortization, stress-tested) — roughly 693% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1N)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice