For Lease · Multifamily

1 - 183 BRITANNIA ROAD, Ottawa

1 - 183 BRITANNIA ROAD, Ottawa, ON K2B5X1

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA9 — High Rise

$ / SF

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Occupancy

97%

About this property

Welcome to 183 Britannia Road, Unit #1, a beautifully renovated and fully updated 1-bedroom, 1-bathroom rental in a duplex, ideally located in the heart of Britannia. Backing onto Mud Lake Conservation Area and directly across from the scenic walking paths of Britannia Beach, this exceptional location offers the perfect balance of nature and city convenience. Enjoy a short bike ride to the Britannia Yacht Club, pickleball courts, boating, beaches, parks, and nearby amenities. Inside, the bright and inviting open-concept layout features a modern kitchen overlooking the spacious family room, creating a comfortable space for everyday living. The unit includes its own private washer and dryer for added convenience. Step outside to your private rear patio overlooking the shared backyard, perfect for relaxing or enjoying the outdoors. A rare opportunity to lease a stylish, move-in-ready home in one of Ottawa's most desirable waterfront communities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

42,606

Households

18,923

Median income

$100,000

Median age

31.8

Daytime population

68,800

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 1 - 183 BRITANNIA ROAD, 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.