NET ALMOST $100K PER YEAR - 6.2% CAP RATE! Exceptional investment opportunity - 10 BEDROOM/3,200+ sq. ft. FULLY RENOVATED DUPLEX in the heart of Sandy Hill! Each unit features 5 bedrooms, and in-suite laundry, providing excellent rental income. The upper unit offers 3 full bathrooms, while the lower unit includes 2 full bathrooms, making both layouts highly desirable for student living. Both units are finished with modern stainless steel appliances, updated kitchens, luxury vinyl plank flooring throughout (with hardwood flooring in the main living areas of Unit 1), and stylish tiled bathrooms. A substantial addition completed in 2016 as well as the roof for the entire building. This renovated legal duplex is located just steps from the University of Ottawa, offering a prime location with a long history of consistent occupancy by responsible university students and virtually no vacancy concerns offering exceptional cash flow in an unbeatable location close to transit, shopping, restaurants, and all downtown amenities. Annual Gross Income: $121,200, Annual Operating Expenses: $22,739, NOI: $98,460, CAP RATE: 6.2%.
5 bedrooms, 4 bathrooms, about 1,500 sq ft, works out to roughly $1,059 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.Ask Zara a follow-up
Inside 206 Blackburn Ave
Every detail from the listing, in one place.
Type
Duplex
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
2 spaces
Basement
Separate Entrance, Full
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Separate Entrance · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Duplex
206 Blackburn Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13879142$1,589,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 206 Blackburn Ave Compares to the Lower Town - Sandy Hill Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$7,806
/mo
based on the purchase price of $1,589,000
$317,800 cash
$1,271,200 financed
$1,070,684 total interest
Principal54%$1,271,200
Interest46%$1,070,684
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Blackburn Avenue? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 206 Blackburn Ave with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 206 Blackburn Ave day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Lower Town - Sandy Hill
Other 5-bed homes for sale in Lower Town - Sandy Hill around $1.6M.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio96.7%On average, homes sold below asking.
Active listings223Homes for sale here right now.
Median vs prior 90 days+24.9%Compared with Apr 12 – Jul 11, 2026: prices up.
Based on 78 sales from Jul 11 – Oct 9, 2026 (70 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
206 Blackburn Ave is listed at $1,589,000 (MLS® X13879142). Summitly updates the price as soon as the MLS® record changes.
Is $1,589,000 a good price for 206 Blackburn Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Lower Town - Sandy Hill. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 206 Blackburn Ave changed?
No — 206 Blackburn Ave is still listed at its original asking price of $1,589,000.
How many bedrooms and bathrooms does 206 Blackburn Ave have?
206 Blackburn Ave has 5 bedrooms and 4 bathrooms, with about 1,500–2,000 square feet of living space. It is a duplex in Lower Town - Sandy Hill.
Is 206 Blackburn Ave close to transit?
The nearest rapid-transit station is Lees Station (O-Train Line 1), about 710 m (about a 9-minute walk) in a straight line. UOttawa Station is about 760 m (about a 9-minute walk), and Hurdman Station is about 1.3 km (about a 17-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 206 Blackburn Ave?
About $7,806 a month — principal and interest on $1,589,000 with 20% down ($317,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 206 Blackburn Ave compare with other homes in Lower Town - Sandy Hill?
Its asking price of $1,589,000 is about 198% above the median sold price in Lower Town - Sandy Hill over the last 90 days, $532,500, across 78 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 206 Blackburn Ave been sold before?
Summitly has no earlier MLS® sale or lease of 206 Blackburn Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 206 Blackburn Ave?
206 Blackburn Ave is in Lower Town - Sandy Hill, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 206 Blackburn Ave been on the market?
1 day — 206 Blackburn Ave was listed on October 8, 2026.
What is the price per square foot of 206 Blackburn Ave?
About $795 to $1,059 per square foot: the asking price of $1,589,000 over the 1,500–2,000 sq ft the listing gives as its size range.
