For Sale · Multifamily

6 - 94 BOURDEAU BOULEVARD, The Nation

6 - 94 BOURDEAU BOULEVARD, The Nation, ON K0A2M0

Price on request

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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

99%

About this property

PROMOTIONAL OFFER - Take possession by December 1, 2026, and receive 50% OFF your December 2026 rent! Promotion applies to new tenants who sign a minimum 12-month lease agreement. All standard rental application requirements and conditions apply, including a completed rental application, satisfactory references, credit check, employment letter, required deposit, and execution of a 12-month lease agreement. Offer subject to approval and applicable rental conditions. Welcome to 94 Bourdeau Boulevard, Unit 6, in the friendly and growing community of Limoges. This bright and well-maintained ground-floor apartment offers approximately 800 sq. ft. of comfortable, carpet-free living space, featuring 2 bedrooms and 1 full bathroom.The functional layout includes a spacious living area, well-sized bedrooms and convenient in-suite laundry. The apartment comes equipped with a refrigerator,stove, dishwasher, washer and dryer, as well as air conditioning and radiant heating for year-round comfort. An outdoor storage shed provides additional space for seasonal items and other belongings.Outside, tenants can enjoy a backyard area suitable for barbecuing. Lawn care and snow removal are included, making exterior maintenance one less thing to worry about. One parking space is available for the unit, with additional visitor parking on site. Small pets are permitted.The property offers convenient access to Highway 417, making travel to Ottawa and surrounding communities easy. It is also close to local shopping, schools, parks and amenities, as well as Calypso Waterpark and Limoges' new recreation centre.This apartment offers a great combination of comfort, convenience and small-community living while remaining well connected to the surrounding area. Available on a one-year rental agreement, then month to month is available. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

72,164

Households

32,080

Median income

$86,000

Median age

44.8

Daytime population

69,744

5-yr growth

7.6%

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

Secure deal room

Confidential diligence documents for 6 - 94 BOURDEAU BOULEVARD, The Nation.

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.