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122-124 Cobourg St
Ottawa, ON K1N 8H1 Downtown

$3,107,088 USD

Apartments For Sale  •  11,925 SF

Property Details

• Property Type Apartments
• Total Building Size 11,925 SF
• Lot Size 0.25 AC
• Building Class B
• Year Built 1902
• Zoning R5C H(18) F(2.0)

100 Transit Score

90 Walk Score

Highlights

14-unit asset on one title

CMHC MLI Select-insured financing (40-year amortization, max 4.50% rate)

Approximately $65K in insurance-funded capital improvements

~9.9% projected NOI uplift through rent optimization

Prime Lowertown / Sandy Hill location (Walk Score 97)

Capital-light value-add strategy

Property Flyers

April_2026_122_124_Cobourg_Investment_Brief

Floor Plans_Cobourg_St_122_124 (1)

Public Transportation

Commuter Rail	Drive	Walk	Distance
Ottawa (Ottawa - Montréal - VIA Rail, Ottawa - Québec - VIA Rail, Ottawa - Toronto - VIA Rail, Québec - Fallowfield - VIA Rail)	7 min	-	2.5 mi
Transit/Subway	Drive	Walk	Distance
Rideau (Tunney's Pasture -Blair - OC Transpo)	2 min	16 min	0.9 mi
Airport	Drive	Walk	Distance
Ottawa International	22 min	-	10.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes