34-40 BARRETTE STREET, Ottawa34-40 BARRETTE STREET, Ottawa — photo 234-40 BARRETTE STREET, Ottawa — photo 334-40 BARRETTE STREET, Ottawa — photo 434-40 BARRETTE STREET, Ottawa — photo 534-40 BARRETTE STREET, Ottawa — photo 634-40 BARRETTE STREET, Ottawa — photo 734-40 BARRETTE STREET, Ottawa — photo 834-40 BARRETTE STREET, Ottawa — photo 934-40 BARRETTE STREET, Ottawa — photo 1034-40 BARRETTE STREET, Ottawa — photo 1134-40 BARRETTE STREET, Ottawa — photo 1234-40 BARRETTE STREET, Ottawa — photo 1334-40 BARRETTE STREET, Ottawa — photo 14
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For Sale · Multifamily

34-40 BARRETTE STREET, Ottawa

34-40 BARRETTE STREET, Ottawa, ON K1L8A5

$995,000 total

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

94%

About this property

RARE SUB-$1M DOUBLE-LOT INVESTMENT & DEVELOPMENT OPPORTUNITY IN BEECHWOOD VILLAGE. Landmark acquisition opportunity positioned just off Beechwood Avenue. Offered at $995,000, this expansive 66' x 100' double parcel (two tax rolls) represents one of the premier holdings in Vanier North/Beechwood Village. Ideal for both strategic buy-and-hold investors looking to capitalize on strong long-term appreciation and rental upside, or multi-family builders seeking immediate redevelopment value. Benefiting from City of Ottawa N4B H(11) zoning, the site supports an 11-metre (3-storey) height profile, offering a streamlined as-of-right path for an 8 to 12-unit residential project (~$99,500/door land basis). Features an outstanding street-level orientation with open corridor views and an exceptional walkability score-steps to Beechwood's dining, artisanal bakeries, boutique shops, and parks, plus a swift commute to Downtown Ottawa and Parliament Hill. A versatile asset with outstanding underlying land value in a proven, high-demand urban growth market. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$995K
Down payment30% · $299K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$39K

Annual cash flow

$-16K

Cash-on-cash

-5.40%

DSCR

0.71

Going-in cap

3.92%

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

48,506

Households

21,821

Median income

$119,000

Median age

33.7

Daytime population

54,986

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 34-40 BARRETTE 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.