The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Exceptional turnkey investment property in the heart of Old Ottawa South, just steps from Carleton University, public transit, parks, restaurants, and everyday amenities. Built in 2022, this modern multi-unit building offers approximately 6,000 sq. ft. of thoughtfully designed living space, featuring 3 self-contained units with potential for a future 4th unit, with a separate side entrance already in place.Offering a total of 17 bedrooms and 10 bathrooms, the property is purpose-built for strong rental performance and efficient management. The main unit spans two levels with 7 bedrooms and 4 bathrooms, including an ensuite and Jack & Jill bathroom. The upper two units feature nearly identical layouts, each offering 5 bedrooms and 3 bathrooms, also with ensuite and Jack & Jill bathrooms.Each unit is separately metered and equipped with its own hydro, gas, A/C, and in-unit laundry. High-quality, low-maintenance finishes include commercial-grade flooring, stone countertops, stainless steel appliances, extensive LED pot lighting, and professionally landscaped front and rear yards. Energy-efficient systems help reduce operating costs and support long-term profitability.An outstanding opportunity for investors seeking strong, reliable cash flow in one of Ottawa's most desirable rental locations. Highly attractive to university students and young professionals due to its exceptional convenience and accessibility, supported by proven rental history, stable occupancy, and strong tenant demand.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$11,762/mo
Mortgage (principal + interest)$10,063
Property taxFrom listing: $20,387/yr$1,699
Minimum 20% ($538,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$538,000
Ontario land transfer taxProvincial brackets, no first-time refund$53,725
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$594,525
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Glebe - Ottawa East and Area has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
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