Exceptional five-unit investment opportunity in the heart of Centretown! Ideally situated in one of Ottawa's most desirable urban neighbourhoods, this income-producing property features a versatile unit mix, including one spacious 3 bedroom, 2 bathroom unit with in-suite laundry and four 1 bedroom, 1 bathroom units with shared laundry facilities. Just steps from an array of shops, restaurants, cafés, parks, and public transit, the property offers tenants the convenience and walkability of downtown living. With five individual units, multiple income streams, and a sought-after location, this property presents an excellent opportunity to expand an existing portfolio or enter the multifamily investment market. (id:28469)
Facts & features
Property
MLS® Number
X14155314
Property Type
Multi-family
Neighbourhood
Chinatown
Community Name
4103 - Ottawa Centre
Parking Space Total
3
Building
Appliances
Dryer, Washer
Cooling Type
None
Heating Type
Radiant Heat
Size Exterior
3864 Sqft
Size Interior
3,864 Sqft
Type
Multi-family
Utility Water
Municipal Water
Land
Acreage
No
Size Depth
109 Ft
Size Frontage
36 Ft
Size Irregular
Bldg=36.03 X 109 Ft
Size Total Text
Bldg=36.03 X 109 Ft
Zoning Description
N4b
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$6,531/mo
Ontario land transfer tax
$25,975 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.