656 DE L'EGLISE Street, Ottawa, Ontario, K1K3K2




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$1,399,000
Ottawa
This multi-family property in Ottawa is for sale offering roughly 5,576 sq ft of space.
**Listing price is one building only** Investors/Developers Delight! 3 solid 6 unit buildings with 18 large apartments with potential 6 more units(in the lower levels!), 3 buildings are side-by-side on 3 large lotsoffering you 12 x 2 bedroom apartments and 6 x 1 bedroom apartments. Rents are low but have potentialfor increasing. 15 min bus ride to the University of Ottawa and Parliament Hill! Each building was appraised (2022) for $1,500,000 each. ($4,500,000 for all 3 buildings). Call today! Please visit Realtor website for further information about this Listing. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 82 days on market, against an average age of 63 days across the listings currently for sale in this city
This 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 $1,399,000, about 19.0× the local median household income of $73,500.
Carrying it typically needs a household income of about $273,274 (20% down, 25-yr amortization, stress-tested) — roughly 272% 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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