For Sale · Multifamily

B - 1132 CLYDE AVENUE, Ottawa

B - 1132 CLYDE AVENUE, Ottawa, ON K2C1Y2

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA9 — High Rise

$ / SF

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Occupancy

94%

About this property

Bright, freshly updated and available immediately! This move-in-ready top-floor 3-bedroom apartment in quiet Copeland Park is just steps from NCC walking and cycling trails, amenities along Baseline and Merivale, and a few minutes from the 417 on-ramp. The unit features brand-new flooring, fresh paint, updated light fixtures and a clean, neutral palette that gives the home a bright, cohesive feel. The generous living and dining area has a large picture window that fills the space with natural light, while the spacious kitchen has a wraparound design with space for a breakfast nook. The kitchen has extensive cabinetry and countertop space, a new backsplash, contrasting black hardware and a brand-new refrigerator. Three spacious bedrooms each have large windows, closets and dedicated overhead lighting. The 4-piece bathroom has also been refreshed with a brand-new vanity that has practical storage, along with a tub/shower combination. An elevated rear deck is surrounded by mature hedging, making for a nice outdoor space to relax. This unit includes two parking spaces, a dedicated outdoor storage shed, garden space, and convenient on-site laundry. The NCC pathways are practically at your doorstep, ideal for walking, running, and cycling, while all your shopping, restaurants, and daily amenities are just minutes away on Merivale Road, Baseline Road, and Carling Avenue. Nearby public transit and the 417 make commuting around Ottawa a breeze, whether heading downtown or to Algonquin College! Snow and lawn maintenance are included! (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

111,200

Households

48,913

Median income

$121,500

Median age

31.9

Daytime population

131,905

5-yr growth

5%

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

Secure deal room

Confidential diligence documents for B - 1132 CLYDE 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.