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$699,900 total
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Asset Class
Multifamily
Size
—
Building class
C
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
86%
Welcome to 230 Percy Street - A Prime Centretown Investment or Single-Family Conversion Opportunity! Unbeatable location meets incredible versatility in the heart of downtown Ottawa's sought-after Centretown, just steps from transit, major commuter routes, and a short walk to the vibrant Glebe neighbourhood. Originally built as a charming 2-storey semi-detached home, this property was thoughtfully converted into a legal duplex, making it a standout option whether you are looking for a turn-key income generator, an owner-occupied investment, or a rare single-family restoration project. Investors will appreciate the strong rental demand and extensive list of high-value capital updates already completed for total peace of mind. End-user buyers and restorers will love the seamless potential to convert the flexible layout back into a spacious, customized single-family residence in an ideal urban setting. Major mechanical and structural upgrades include a high-efficiency furnace (2018), central air conditioning (2019), premium Verdun windows (2020), updated plumbing (2021), new washer and dryer (2023), and a new roof (2023). Complete with 2 parking spaces and endless potential, 230 Percy Street offers an unbeatable blend of location, flexibility, and value. Don't miss out on this exceptional Centretown opportunity! (id:66811)
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Monthly debt service
$3K
Projected NOI
$21K
Annual cash flow
$-18K
Cash-on-cash
-8.46%
DSCR
0.54
Going-in cap
3.00%
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.
Trade area within 3 miles of the property.
Population
139,692
Households
51,012
Median income
$97,500
Median age
32.3
Daytime population
140,739
5-yr growth
4.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 230 PERCY 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.