For Sale · Multifamily

3 - 361 GOUGEON STREET, Ottawa

3 - 361 GOUGEON STREET, Ottawa, ON K1L6W8

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

95%

About this property

JUST RENOVATED - TOP FLOOR UNIT - 2 LARGE BEDROOMS - SPACIOUS LIVING ROOM! Discover this freshly renovated 2-bedroom, 1-bathroom apartment occupying the entire third-floor level of a triplex in the convenient Vanier South community. With renovations just completed, this bright and spacious unit features beautiful hardwood flooring, fresh paint throughout, and a fully renovated bathroom. The generously sized living room offers plenty of space to relax or entertain, while both bedrooms are exceptionally spacious - ideal for anyone looking for more room or needing a dedicated home office. Located on the top floor with no neighbors above, this apartment offers added privacy and a comfortable living environment. Laundry facilities are conveniently located in the basement, with parking available for an additional $100/month. Enjoy the convenience of living just minutes from downtown Ottawa, with easy access to public transit, grocery stores, restaurants, shopping, parks, and the Rideau River pathways. The location also offers convenient access to the University of Ottawa, making it an excellent option for students and working professionals alike. Inquire today to book your showing! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

141,781

Households

66,589

Median income

$117,500

Median age

37.7

Daytime population

192,300

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for 3 - 361 GOUGEON 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.