70 Russell Avenue — photo 1For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Ottawa · Sandy Hill

70 Russell Avenue

Fourplex

MLS® #X14147822

Listed for$2,600,0002 days on market
16+5 bed 8 bath 0 parking 3500-5000 sq ft~$612/sq ft
  • New this week
  • Transit stop ~237.4 km
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Est. all-in monthly~$13,669/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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0 schools within ~1 km · nearest transit stop ~237.38 km

Property information
What house buyers ask first
Square footage
3500-5000 sq ft
Property tax
$18,865 / yr
Parking
0 spaces · None
Basement
Apartment, Finished, Full

Property summary

Property type
Fourplex
Style
3-Storey
Parking
0 spaces · None
Heating
Forced Air
Air conditioning
Central Air
Basement
Apartment, Finished, Full
Kitchens
3
Exterior
Brick, Stucco (Plaster)
Property tax
$18,865 / yr
MLS®
X14147822

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

200 Besserer Street, Unit 210Condo Apartment

$314,999

Above recent sales

200 Besserer Street, Unit 210

1 bed · 1 bath·600-699 sq ft·1 parking·$645/mo fee

Ottawa

Listed 7 days ago · Equity One Real Estate Inc.

2 Columbus Avenue, Unit 6Condo Townhouse

$529,900

Above recent sales

2 Columbus Avenue, Unit 6

2 bed · 2 bath·1000-1199 sq ft·1 parking·$665/mo fee

Ottawa

Listed 3 days ago · Right At Home Realty

  • Listing states: renovated
180 York Street, Unit 601Condo Apartment

$399,900

Above recent sales

180 York Street, Unit 601

2 bed · 1 bath·800-899 sq ft·1 parking·$1,010/mo fee

Ottawa

Listed 1 day ago · Paul Rushforth Real Estate Inc.

The numbers that matter
The numbers that matter
Property tax
$18,865/yr
Est. all-in
~$13,669/mo
Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.
Schools

We list nearby schools as factual locations only. For this home, check the authoritative tools directly:

Browse schools near this home Nearby elementary & secondary schools, mappedCheck provincial results — EQAO Official Ontario assessment results, searchable by school
Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

  • Trent UniversityNearest transit · Bus stop~237.4 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Ottawa
$592KMedian sold
32Median days on market
98.2%Sale-to-list
Median sold price · Ottawa1-yr -5% · 3-yr -1%
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Ottawa
1,017,449Population (2021)
40Median age
$102,000Median household income
63.9%Home owners
36.1%Renters
2.5Avg household size
Source: Statistics Canada, 2021 Census
Description & details

70 Russell Avenue | Built in 2018, this purpose-built four-unit residential investment property generates $224,625 in annual gross rental income with a NOI of $154,775.77. Located in Ottawa's Sandy Hill neighbourhood, the property offers four fully leased apartments: Unit 1: 5 bed, $4,500/month; Unit 2: 5 bed, $4,152/month; Unit 3: 5 bed, $4,216.75/month; Unit 4: 6 bed, $5,850/month. All units are currently leased, with fixed terms extending into 2027. The reported NOI is supported by a comprehensive operating expense statement, including recurring property management, maintenance and operating costs. Each apartment is independently configured on its respective level, extending from the front to the rear of the building, and features two full bathrooms, contemporary kitchens, durable flooring, large windows and in-suite laundry. At an asking price reflecting approximately a 6% capitalization rate, this property presents an attractive opportunity to acquire a modern, established income-producing asset. Unlike many of Sandy Hill's older converted rental properties, 70 Russell was purpose-built in 2018 with modern construction, thoughtfully designed interiors and spacious, functional layouts suited for student accommodations. Ideally situated in the heart of Sandy Hill, 70 Russell Avenue is within walking distance of the University of Ottawa, downtown Ottawa, the ByWard Market, public transit, restaurants and everyday amenities. This prime location, combined with the area's strong student rental demand, makes the property a compelling long-term investment opportunity.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by SLEEPWELL REALTY GROUP LTD. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.