For Sale · Multifamily

202 - 659 DONAT STREET, Ottawa

202 - 659 DONAT STREET, Ottawa, ON K1K3L8

Price on request

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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

87%

About this property

This beautiful, spacious, and energy-efficient 3-bedroom, 2-full-bathroom apartment is ideally located on a quiet street in central Ottawa. Featuring a bright and spacious open-concept kitchen and living area, elegant granite countertops, stainless steel appliances, built-in microwave hood fan, dishwasher, convenient in-unit laundry, large windows, and blinds. Enjoy modern comfort and convenience in an excellent location, just minutes from downtown Ottawa, the University of Ottawa (UOttawa), Montfort Hospital, and right beside St. Laurent Shopping Centre. Walking distance to beautiful parks, scenic river trails, and the charming Beechwood Village, with its cafés, shops, and restaurants. Additional features include dedicated bicycle storage. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$72K

Annual cash flow

$-11K

Cash-on-cash

-2.40%

DSCR

0.87

Going-in cap

4.82%

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

143,078

Households

66,427

Median income

$92,000

Median age

44.8

Daytime population

137,773

5-yr growth

2.4%

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

Secure deal room

Confidential diligence documents for 202 - 659 DONAT 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.