



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$799,900
Ottawa
323 Levis Avenue, Ottawa, Ontario, K1L6H1
This multi-family property in Ottawa is for sale offering roughly 1,750 sq ft of space. It has been on the market 55 days, fresher than the Ottawa average of 62 days.
Excellent investment opportunity in a prime location! This well-maintained duplex features three self-contained living spaces, offering strong rental income, great tenants, and excellent potential for future growth with many updates and upgrades done over the years.The spacious main-floor 3-bedroom unit rents for $2,467.18/month all inclusive, while the upper-level 1-bedroom unit rents for $1,750/month plus hydro. The lower-level 2-bedroom accessory apartment, complete with its own private entrance, rents for $1,900/month all inclusive. All three units have their own laundry facilities.The property benefits from excellent tenant stability. The flat roof was redone in 2020. Ideally located close to transit, shopping, amenities, and just minutes from downtown. With $6,117.18/month in current rental income, or $73,406.16 annually, this property offers an attractive investment opportunity with further potential to increase revenue over time, never a vacancy. An excellent opportunity for both new and seasoned investors. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 55 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 has been listed for 55 days, which is 7 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $799,900, about 12.7× the local median household income of $63,200.
Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 147% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1L)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice