4 hours on Market

70 RUSSELL Ave, Ottawa, Ontario K1N 7X1

Townhouse
16 + 5
8
~3500-5000 sqft
$2,600,000
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Townhouse
16 + 5
8
~3500-5000 sqft

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Highlights

Property Estimate

Days on market4 hours

Estimated valueNot available

Price/Sqft$631/sqft

Monthly cost

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Description

Introducing 70 Russell Avenue a premier investment opportunity in Ottawa's sought-after Sandy Hill. This newly constructed, purpose-built multi-family property is designed to meet the needs of today's tenants, ensuring energy efficiency and modern amenities that deliver consistent rental income. The building features three spacious five-bedroom units and a unique six-bedroom, two-story suite on the top floor, appealing to diverse tenants. Interiors boast vinyl flooring, large windows, modern kitchens, two full bathrooms, and in-unit laundry. Just a 2-3 minute walk to the University of Ottawa, it offers unbeatable convenience, attracting young professionals and tenants alike. The vibrant neighbourhood includes dining, parks, entertainment, high walkability, and easy access to transit. With steady demand and premium amenities, 70 Russell Avenue is a rare investment in Ottawa's thriving rental market. Don't miss this opportunity to own a high-performing asset in an unbeatable location! NEW INCOME NUMBERS- Unit 1: $3,998/m, Unit 2: $4,101/m, Unit 3: $4,100/m, Unit 4 $5,850 (6 bed)


Property Details

Style3-Storey
View-
Age of property6-15
SqFt~3500-5000 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12262055
Community NameSandy Hill - Ottawa East
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY GROUP

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Finished

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Market Data - Sandy Hill - Ottawa East

Geo Zone Map ThumbnailSandy Hill - Ottawa East

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

8 days

Compared to

2024

0 day

2023

17 days

2022

12 days

New Listings

Past 30 days

6 listings

Compared to

2024

4 listings

2023

3 listings

2022

5 listings

Units sold

Past 30 days

2 units

Compared to

2024

0 unit

2023

2 units

2022

3 units

Median Sold Price

Past 30 days

$1,008,950

Compared to

2023

$718,000

2022

$825,000


Population and Demographics

Overview

Total population 9471
Average household income $131,814

Age (%)

0 to 19
16%
20 to 34
41%
35 to 49
15%
50 to 64
15%
65 and plus
13%

Household composition (%)

Single person
51%
Single family
34%
Multi person
15%
Multi family
0%

Mother tongue (%)

English
59%
French
21%
English and French
4%
Others
4%
Arabic
4%
Mandarin
2%
Spanish
2%
French and non-official language(s)
2%

House tenancy (%)

Renters
76%
Owners
24%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget