For Sale · Multifamily

2 - 11 CHESTNUT STREET, Ottawa

2 - 11 CHESTNUT STREET, Ottawa, ON K1S0Z7

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

Welcome to 11 Chestnut Street, a spacious and beautifully finished 3-bedroom, 2-bathroom rental in the heart of Old Ottawa East. This bright and inviting home features hardwood flooring throughout the main living areas and bedrooms, with a large open-concept living and dining space offering plenty of room to relax and entertain. The modern kitchen is equipped with stainless steel appliances, ample cabinetry, quartz countertops, and an oversized island with additional storage and seating. The generous primary bedroom offers excellent closet space and a private ensuite with a glass walk-in shower, while two additional bedrooms provide flexibility for family, guests, or a home office. A second full bathroom, convenient in-unit laundry, and plenty of storage complete the space. Ideally located in a sought-after neighbourhood close to the Rideau Canal, Main Street, Lansdowne, the Glebe, parks, shops, restaurants, transit, and everyday amenities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

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

110,584

Households

38,723

Median income

$109,500

Median age

36.1

Daytime population

140,703

5-yr growth

3.8%

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

Secure deal room

Confidential diligence documents for 2 - 11 CHESTNUT 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.