For Lease · Multifamily

3 - 896 PINEWOOD CRESCENT, Ottawa

3 - 896 PINEWOOD CRESCENT, Ottawa, ON K2B5Y4

Price on request

—

Asset Class

Multifamily

Size

—

Building class

A

Zoning

RA8 — Medium Rise

$ / SF

—

Occupancy

99%

About this property

Bright, Fully Renovated Studio Apartment for Lease! This beautifully updated lower-level unit has been renovated from top to bottom with quality finishes throughout, offering a stylish and move-in-ready space in a central location. The modern kitchen features brand-new cabinetry, countertops, and appliances, while the refreshed bathroom showcases clean, contemporary finishes. New flooring and fresh paint throughout create a bright, inviting atmosphere, and the open-concept layout offers flexible living and sleeping space to suit your lifestyle. Convenient coin-operated laundry available on-site. Water is included in the rent, with tenants responsible for hydro. Ideally suited for a single professional seeking a low-maintenance home close to transit, shopping, restaurants, 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
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

134,584

Households

53,777

Median income

$104,500

Median age

33.3

Daytime population

214,125

5-yr growth

1.4%

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

Secure deal room

Confidential diligence documents for 3 - 896 PINEWOOD CRESCENT, 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.