For Sale · Multifamily

4 - 16 LOWREY STREET, Ottawa

4 - 16 LOWREY STREET, Ottawa, ON K1Y2S4

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

93%

About this property

Set in the heart of Hintonburg, this stylish executive residence puts you steps from the LRT, Civic Hospital, Suzy-Q, Hintonburg Market, Parkdale Market and the independent shops, cafés, breweries and restaurants along Wellington Street West. Offering a spacious two-bedroom plus den layout, this beautifully finished lower-level suite features large windows that bring in plenty of natural light, creating a bright and inviting living space. The well-appointed kitchen features quality appliances and excellent storage, opening into a comfortable living and dining area. Both bedrooms are generously sized and feature their own private ensuites, offering an ideal arrangement for professionals, roommates or anyone looking for added privacy and convenience. A separate den provides excellent flexibility for a home office or additional living space, while in-unit laundry adds everyday practicality. In floor radiant heating. A rare opportunity to enjoy the space, comfort and convenience of an executive rental in one of Ottawa's most vibrant and sought-after urban neighbourhoods. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

78,704

Households

29,213

Median income

$90,500

Median age

44.4

Daytime population

115,854

5-yr growth

1.2%

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

Secure deal room

Confidential diligence documents for 4 - 16 LOWREY STREET, 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.