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$1,299,000
Ottawa
287 St Laurent Boulevard, Ottawa, Ontario, K1K2Z3
This multi-family property in Ottawa is for sale offering roughly 2,250 sq ft of space.
Exceptional investment opportunity in desirable Manor Park! This turn-key five-unit apartment building offers an ideal unit mix, including one 3-bedroom unit, one 2-bedroom unit, two 1-bedroom units, and one bachelor unit. The units have been renovated with modern, quality finishes, updated appliances, in-unit laundry, and ample parking. This well-maintained property is perfectly suited for investors seeking stable cash flow with a gross annual income of approx. $100,483. Fully leased with strong rental demand in the area. Conveniently located close to St. Laurent Shopping Centre, Montfort Hospital, public transit, schools, parks, the Ottawa River, and amenities. Don't miss this excellent opportunity to purchase a stable, income-generating property in a sought-after location. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 85 days on market, against an average age of 62 days across the listings currently for sale in this city
This 7-bed multi-family in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,299,000, about 17.7× the local median household income of $73,500.
Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 245% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1K)
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Loading rates, 30-yr amortization
Cash Needed to Close
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