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162 DALY AVENUE, Ottawa — listed at $5,050,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Great investment opportunity w/lots of character in prestigious Sandy Hill. 15 units w/ high end finishings & exposed natural brick in many apartments. Turn Key investment. 95% renovated. Newer: flat roof, decks, security cameras, windows.., new boiler system. Adjacent to Embassy. Hard to come by building w great tenants! Large outdoor space for some units including decks and a few private backyards. Minutes to Ottawa University, the Market, and Rideau Centre. Room to increase rents. Numerous capital upgrades. More details in Attachments. (id:60164)
How is the home heated? Is it efficient?+
Heating is baseboard heaters, radiant heat, electric, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is 162 DALY AVENUE a good fit for a growing family?+
With 18 bedrooms and 17 bathrooms, there's room for kids plus a guest room or home office. The 3-storey layout keeps living and sleeping areas separated.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
Does it have a basement, and is it finished?+
Yes — Finished, Apartment in basement, Walk out, Other, See Remarks, N/A, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $33,566.17, heating is baseboard heaters, radiant heat, electric, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Could this work as an investment property?+
The basement description mentions: Finished, Apartment in basement, Walk out, Other, See Remarks, N/A, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Ottawa before counting on it.
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