66 PINHEY STREET, Ottawa66 PINHEY STREET, Ottawa — photo 266 PINHEY STREET, Ottawa — photo 366 PINHEY STREET, Ottawa — photo 466 PINHEY STREET, Ottawa — photo 566 PINHEY STREET, Ottawa — photo 666 PINHEY STREET, Ottawa — photo 766 PINHEY STREET, Ottawa — photo 866 PINHEY STREET, Ottawa — photo 966 PINHEY STREET, Ottawa — photo 1066 PINHEY STREET, Ottawa — photo 1166 PINHEY STREET, Ottawa — photo 1266 PINHEY STREET, Ottawa — photo 1366 PINHEY STREET, Ottawa — photo 1466 PINHEY STREET, Ottawa — photo 1566 PINHEY STREET, Ottawa — photo 1666 PINHEY STREET, Ottawa — photo 1766 PINHEY STREET, Ottawa — photo 1866 PINHEY STREET, Ottawa — photo 1966 PINHEY STREET, Ottawa — photo 2066 PINHEY STREET, Ottawa — photo 2166 PINHEY STREET, Ottawa — photo 2266 PINHEY STREET, Ottawa — photo 2366 PINHEY STREET, Ottawa — photo 2466 PINHEY STREET, Ottawa — photo 25
1/25
Business For Sale · Multifamily

66 PINHEY STREET, Ottawa

66 PINHEY STREET, Ottawa, ON K1Y1T4

$1.8M total

—

Asset Class

Multifamily

Size

—

Building class

B

Zoning

RF6 — Medium Density

$ / SF

—

Occupancy

90%

About this property

Fully tenanted six-unit residential building in the heart of Hintonburg, within walking distance of local shops, cafés, everyday amenities and public transit. Each two-bedroom apartment offers approximately 550-600 sq. ft. and a private balcony. The property has an established rental history, with several long-term tenants and no reported vacancies over the past decade. Recent improvements include renovations to several suites and updates to the building exterior. Four apartments were fully renovated in 2023 with updated kitchens, bathrooms, flooring and appliances. On-site laundry and parking add convenience for tenants. An opportunity to acquire an income-producing property in one of Ottawa's most walkable neighbourhoods. Financial details are available upon request. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.82M
Down payment30% · $548K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$73K

Annual cash flow

$-28K

Cash-on-cash

-5.11%

DSCR

0.72

Going-in cap

4.01%

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

95,672

Households

33,074

Median income

$138,000

Median age

40.1

Daytime population

113,444

5-yr growth

7.1%

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

Secure deal room

Confidential diligence documents for 66 PINHEY 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.