MODERN 8-UNIT COMPLEX Newer Built (2013) 8 unit complex in the beautiful sought after Westboro/Hampton Park area of Ottawa. Complex consists of 2 x one bedroom and 6 x two bedroom units all with top end finishes including granite counter tops, hardwood floors and stainless steel appliances. Each unit has access to an outdoor space (balcony/entrance), large bedrooms and plenty of natural light. Storage for garbage, recycling and composting available for tenants. Complex is low maintenance with A+ tenants. Lots of room for future rental increases with tenant turnover. Don't miss out on this great investment opportunity. 2024 NOI $119,483 and CAP 4.5%; 2025 NOI $131,692 and CAP 5.0%; 2026 NOI $139,024 and Cap 5.3% (based on recent turnovers and standard rental increases of 2.5%). Assumable CMHC mortgage @4.5% matures May 2029. (id:2493)
Data was last updated June 12, 2025 at 09:45 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,287,500
Min list price:
$699,900
Max list price:
$2,650,000
Avg days on market:
65
Min days on market:
41
Max days on market:
247
Avg price per sq.ft.:
$445.2
These statistics are generated based on the current listing's property type
and located in
5003 - Westboro/Hampton Park. Average values are
derived using median calculations.
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