$1,199,000
194 AUGUSTA STREET
Beds
6
Baths
6
Sqft
—
Year
—
Type
Multi-family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Nestled in Sandy Hill, this triplex is a goldmine , generating approximately $72,084 in yearly rental income. It's got everything: proximity to U of Ottawa, Rideau St amenities, grocery stores, and recreation. The property includes 194 & 196 Augusta - a duplex and a 3-bed home (easily convertible to 6 beds). 194 Augusta has two 1-bed units fully rented. This investment screams potential: hardwood floors, updated kitchens, windows, bathrooms, and wiring. Live on one side, rent the other - the choice is yours! (id:65958)
- Subtype
- Multi-family
- Structure
- Triplex
- Community
- 4003 - Sandy Hill
- Lot dimensions
- 40 x 59 FT
- Bedrooms
- 6 above grade
- Parking
- 2 total
- Stories
- 2
- Fireplace
- Yes
- On market
- Apr 9, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $10,160 (2025)
- Photos
- 43
- MLS#
- X12974100
- Area
- OTTAWA
Features and systems
Parking
Basement
Appliances
Cooling
Exterior
Foundation
Cash on cash
-6.45%
Cap rate
3.57%
GRM
16.7
Break-even rent
$7,356
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.