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For Sale · Multifamily

4 - 4 ECCLES STREET, Ottawa

4 - 4 ECCLES STREET, Ottawa, ON K1R6S2

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

95%

About this property

Unit 4 - 4 Eccles Street. $1,600/month | Heat + Water (NO PARKING) 2-bedroom apartment in one of Ottawa's most walkable neighborhoods. Large unit with high ceilings and plenty of natural light. The unit offers a flexible layout (currently used as 1 bedroom), heat and water included, and additional storage. Enjoy a quiet, well-maintained building just steps from Little Italy, Chinatown, LeBreton Flats and the LRT. Ideal for professionals seeking a clean, quiet home close to downtown with easy commuting and excellent restaurants, cafés and recreation nearby. Hydro & internet extra. Available January 1st. Coin operated laundry in basement. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

64,621

Households

22,395

Median income

$126,500

Median age

36.5

Daytime population

86,628

5-yr growth

2.6%

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

Secure deal room

Confidential diligence documents for 4 - 4 ECCLES 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.