



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.
$3,980,000
Ottawa
240 Blackburn Avenue, Ottawa, Ontario, K1N8A8
This multi-family property in Ottawa is for sale offering roughly 4,250 sq ft of space.
Prime investment opportunity at 240 Blackburn Avenue, ideally located in the heart of Sandy Hill, just minutes from the University of Ottawa, downtown, LRT, shops, restaurants and everyday amenities. This substantial 6-unit property offers an impressive configuration with a total of 18 bedrooms, including two studio units, 10 bathrooms and 6 kitchens. The property consists of a mix of spacious multi-level units and self-contained studios, providing a versatile layout well suited to the area's strong rental market. Several units feature in-unit laundry, multiple bathrooms and generous living spaces, while additional features include a balcony, rooftop patio and a common living area with direct access to the backyard. A rare opportunity to acquire a large multi-unit asset in one of Ottawa's most established and centrally located rental neighbourhoods. Floor plans and additional property information available. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 75 days on market, against an average age of 62 days across the listings currently for sale in this city
This 18-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 $3,980,000, about 62.2× the local median household income of $64,000.
Carrying it typically needs a household income of about $777,433 (20% down, 25-yr amortization, stress-tested) — roughly 1115% 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
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.