32 St Francis Street, Ottawa, Ontario, K1Y1W5




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$1,695,000
Ottawa
This multi-family property in Ottawa is for sale offering roughly 1,300 sq ft of space.
Huge lot! This perfect Hintonburg location tri-plex investment and development property. $107,000 gross income, ~$87000 net. Strong ~5.2% cap rate. Unlike other buildings all the major interior/exterior updates and utility replacement expenses ($350k) have been completed in last few years ! Rear build zone is ~75x50ft. Enjoy an updated, excellent cash flow property to keep it while you plan the expansion. Currently the building has 6 parking spots. All 3 units have their own private outdoor patios! Garage has 3 units - 1 double - 1single and man door storage. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 134 days on market, against an average age of 62 days across the listings currently for sale in this city
This 6-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 $1,695,000, about 17.1× the local median household income of $99,000.
Carrying it typically needs a household income of about $331,093 (20% down, 25-yr amortization, stress-tested) — roughly 234% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1Y)
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Loading rates, 30-yr amortization
Cash Needed to Close
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