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For Sale · Multifamily

235 JEANNE MANCE STREET, Ottawa

235 JEANNE MANCE STREET, Ottawa, ON K1L6L8

$669,900 total

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

89%

About this property

Prime multi-family investment opportunity in the heart of Vanier! This triplex features 3 functional units(two vacant, one lower level unit has a tenant) offering exceptional layout versatility and good rental potential. The primary main-level unit boasts 2 spacious bedrooms, full bath, kitchen, and dedicated living/dining areas. The two additional units each offer a comfortable 1-bedroom layout complete with full bath, kitchen, and living area. Situated just steps from local elementary and high schools, places of worship, parks, community centers, and vibrant shopping corridors. Commuter's dream with quick access to public transit and major roadways straight to downtown Ottawa. Ideal for investors or owner-occupiers seeking income support! No conveyance of any written signed offers prior to Nov 16, 2026. 3 business days irrevocable open for acceptance, excluding Saturday, Sunday and holidays (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$670K
Down payment30% · $201K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$23K

Annual cash flow

$-14K

Cash-on-cash

-6.85%

DSCR

0.63

Going-in cap

3.49%

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

102,525

Households

44,769

Median income

$66,000

Median age

40.4

Daytime population

111,889

5-yr growth

6.6%

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

Secure deal room

Confidential diligence documents for 235 JEANNE MANCE 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.