#5 Units 105 Champagne Avenue, Ottawa - Multi-family for Sale
#5 Units 105 Champagne Avenue, Ottawa, Ontario, K1S4P3
Listed 45 days ago
Overview
This multi-family property in Ottawa is for sale. It has been on the market 45 days, fresher than the Ottawa average of 62 days.
Description
CALLING ALL INVESTORS! 5 Condos for Sale and 5 Parking Spots Included. All tenanted properties with $9,400 of monthly income. Showings Mon-Fri 10AM-3PM ONLY. This includes Three Studios, One 1 Bed/Bath and One 2 Bed/1 bath. Parking is rented out for 250$/month additional. (id:66096)
Property Details
- MLS®
- X13807390
- Property Type
- Multi-family
- Zoning
- Res Condo
- Frontage
- 179 ft
- Heating
- Other
- Cooling
- Fully air conditioned
- Garage
- Underground
- Property Tax
- $1/yr
- Listed
- 45 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
45d
Ottawa listings, avg age
62d
List price
$1.12M
Extended: 45 days on market, against an average age of 62 days across the listings currently for sale in this city
Haho
This multi-family in Ottawa has been listed for 45 days, which is 17 days fresher than the city average of 62. Act while there is still low competition.
Listed by FIDACITY REALTY · Mike Scerbo
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (K1S)
This home lists at $1,121,367, about 10.6× the local median household income of $106,000.
Carrying it typically needs a household income of about $219,042 (20% down, 25-yr amortization, stress-tested) — roughly 107% above the area median.
- Median household income
- $106,000
- Population
- 31,257
- Median age
- 39.2
- Owner / renter
- 51% / 49%
- Avg. household size
- 2.1
Source: Statistics Canada, 2021 Census (FSA K1S)
$1,121,367
For saleBook a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Full Cost Breakdown
Loading rates, 30-yr amortization
Down Payment7.77% · $87,136.70
Min 7.77%50%
Mortgage payment$5,734/mo
↳ CMHC premium ($41,369 capitalized)
Property tax (est.)$0/mo
Total monthly$5,734
Cash Needed to Close
Down payment (7.77%)$87,137
Land transfer tax$18,902
Est. closing costs$5,864
Total cash needed$111,903
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
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Investment analysis
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$1,121,367
Ottawa