For Sale · Multifamily

181 SWITZER AVENUE, Ottawa

181 SWITZER AVENUE, Ottawa, ON K1Z7H8

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

91%

About this property

Welcome to 181 Switzer Avenue, in the heart of desirable Westboro! This beautifully renovated, spacious 3 bedroom, 1 bathroom apartment offers modern finishes, a bright and inviting living space, and the rare convenience of 3 parking spaces. Enjoy an unbeatable location just minutes from shopping, restaurants, cafés, grocery stores, parks, and public transit. With quick access to Highway 417, commuting is a breeze. A fantastic opportunity to enjoy comfortable, modern living in one of Ottawa's most sought after neighbourhoods! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

81,682

Households

29,680

Median income

$137,500

Median age

37.1

Daytime population

108,757

5-yr growth

4%

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

Secure deal room

Confidential diligence documents for 181 SWITZER AVENUE, 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.