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Investment signal

$524,800

5505 OSGOODE MAIN STREET

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Beds

2

Baths

2

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

Own a true piece of Osgoode history with this charming century duplex, filled with character, warmth, and timeless appeal. Ideally located near the local library, schools, everyday amenities, and within walking distance to a local coffee shop and scenic walking trails, this unique property offers the best of small-town living. Enjoy being approximately 1 km from the river with a convenient boat launch - perfect for outdoor enthusiasts. Blending historic charm with modern-day convenience, this property is ideal for multi-generational living, rental income, or owner-occupancy with added revenue potential. Zoned Village Mixed-Use, it offers a wide range of possibilities, adding incredible flexibility and future upside. Dwelling 1 is currently rented at $1,500/month with an excellent tenant, with a lease secured until December 31, 2026, providing immediate and stable income. This unit features an inviting foyer, abundant natural light, an open-concept kitchen, dining, and cozy living space, along with a comfortable bedroom and well-appointed 3-piece bathroom. Dwelling 2 is bright and welcoming, offering a functional kitchen with an eating area, comfortable living room, spacious bedroom, and 3-piece bathroom. It is currently owner-occupied and will be delivered vacant upon possession, making it ideal for a buyer intending to occupy the unit or for securing a new tenant. Step outside to a peaceful backyard retreat where you can relax and unwind. A rare opportunity to own a historic gem in the heart of the community, surrounded by lifestyle, convenience, and exceptional potential. (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
1603 - Osgoode
Lot dimensions
37 x 264 FT
Bedrooms
2 above grade, 0 below grade
Parking
4 total
Stories
2
On market
Feb 23, 2026
Status changed
Apr 28, 2026
Annual tax
$2,471 (2025)
Photos
38
MLS#
X12812576
Area
OTTAWA

Features and systems

Parking

No Garage

Basement

UnfinishedFull

Appliances

WasherRefrigeratorStoveDryer

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

StonePoured Concrete

Community

School Bus
Negative cash flow ~$610/mo at these assumptions

Cash on cash

-6.97%

Cap rate

3.47%

GRM

16.7

Break-even rent

$3,267

Financing

Down payment$104,960
Loan amount$419,840
Mortgage$2,127/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$241
Insurance$80
Maintenance$437
CapEx reserve$219
Vacancy loss$131

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.

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.

Mortgage estimate

Estimated $2,127/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.

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