For Sale · Multifamily

B - 1171 EMPEROR AVENUE, Ottawa

B - 1171 EMPEROR AVENUE, Ottawa, ON K1Z8C3

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA9 — High Rise

$ / SF

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Occupancy

82%

About this property

DECEMBER RENT IS FREE! MOVE IN READY! Be the first to live in this brand-new, light-filled 2-bedroom suite perfectly located near the Civic Hospital (1.5km) and Experimental Farm! Total units in the building are 6. Featuring a bright, modern open-concept layout spanning ~650 sq ft, this unit comes equipped with stylish finishes, air conditioning, and convenient in-suite laundry. The property is currently Move in ready Tenants pay heat and hydro, and limited on-site parking is available for $75/month. Inquire today to secure your suite! No Hot Water Tank rentals! This is the middle floor unit. Upper floor is available. 3 bedrooms available too! Credit Check, Deposit Required, Employment Letter, Lease Agreement, References Required, Rental Application Required (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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

106,329

Households

44,845

Median income

$91,500

Median age

45.9

Daytime population

109,471

5-yr growth

2.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for B - 1171 EMPEROR AVENUE, Ottawa.

NDA required
  • 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.