For Sale · Multifamily

5 - 287 ST LAURENT BOULEVARD, Ottawa

5 - 287 ST LAURENT BOULEVARD, Ottawa, ON K1K2Z3

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

84%

About this property

Beautifully updated lower-level apartment in one of Ottawa's most sought-after neighbourhoods - Manor Park! This bright, clean, and spacious unit is just steps from parks, walking trails, the Ottawa River, transit, restaurants, shopping, and more. This 1-bedroom, 1-bathroom apartment features its own private entrance, sleek luxury vinyl flooring throughout, and plenty of natural light. The open-concept living and kitchen area offers modern stainless steel appliances, quartz countertops, and ample cabinet space. Additional highlights include in-suite laundry and an outdoor parking spot for added convenience. Heat and water are included in the rent; tenants are responsible for hydro. Don't miss out on this great opportunity to live in Manor Park! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

68,675

Households

25,342

Median income

$121,500

Median age

36.2

Daytime population

69,199

5-yr growth

3.7%

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

Secure deal room

Confidential diligence documents for 5 - 287 ST LAURENT BOULEVARD, 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.