1/15216 GLADU STREET, Ottawa
216 GLADU STREET, Ottawa, ON K1L6N4
$695,900 total
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Asset Class
Multifamily
Size
—
Building class
A
Zoning
RA8 — Medium Rise
$ / SF
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Occupancy
83%
About this property
Renovated Vanier duplex, updated in 2017 with newer kitchens and bathrooms. Features two fully rented 3-bedroom units generating $4,128.97/month ($49,547.64 annually). Unit #1 rents for $1,938.41 + hydro; Unit #2 at $2,190.56 all inclusive.Annual expenses: Heat $2,225, water/sewer $2,617, insurance $3,601, snow removal $850, hydro $1,419 and property taxes $3,737. Total annual expenses: $14,449.Net annual income: $35,098.64 (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$27K
Annual cash flow
$-11K
Cash-on-cash
-5.39%
DSCR
0.71
Going-in cap
3.92%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
69,524
Households
29,194
Median income
$89,000
Median age
43.2
Daytime population
64,466
5-yr growth
8.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 216 GLADU STREET, Ottawa.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.