Fourplex

Aug. 3, 2022

Financials on Fourplex, Sold July 2022

Financial information from the sale of this Legal Fourplex that SOLD in July, 2022

This 4-Unit property with no vacancies was located in Central Ottawa, with three 4-bedroom units and one 2-bedroom unit.The property was listed for $1,599,000 and sold for $1,495,000

  • Scheduled Rental Income ...
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Feb. 28, 2022

Vanier 4 Unit Building, Sold in February

Financial information from the sale of this 4 Unit Building that sold in February, 2022

This property was located in the Vanier neighbourhood in the east end of Ottawa, it had three 2-bedroom apartments and one 3-bedroom apartment. It was a multi-family building and recently fire retrofit.

The property was ...

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Jan. 5, 2022

Central Fourplex Sold in Dec. 2021

Financial breakdown on the sale of this Centrally located fourplex, sold in December 2021.

This 4 unit building was listed for $1,475,000 and it sold for $1,400,000. It was fire retrofit and had a Cap Rate of 3.8%.

Main Financial Numbers from this sale

  • Scheduled ...
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Jan. 4, 2021

Financials on the sale of a 4 unit property in The Glebe

Have a look at the breakdown of the numbers on the sale of this 4 unit income property, with 35% downpayment.

This building was fire retrofit and sold for just under the asking price.

To buy this building with 35% down meant this buyer had to drop $483,000 as ...

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Oct. 2, 2020

Financials on a 4 Unit Income Property sold in September

This building was a 4 unit property located in the Centretown Neighbourhood.

Have a look at this fourplex that sold last month in Centretown. With over $600,000 downpayment, this buyer is losing almost $34,000 per month!

There are a lot of people out there right now looking for ...

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Aug. 4, 2020

Centretown Fourplex, sold in July 2020

Have a look at all of the financials on this forurplex that sold last month in Centretown.

This building had 4 legal units and was also fire retrofit.

If you have any questions about this video please get in touch with Patrick Walchuk.

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June 4, 2020

Hintonburg 4 Unit, sold in June 2020

Have a look at the financials from the sale of this Fourplex Building that sold in May.

This property was not fire retrofitted, had a Net Income of $49,625, was listed at $1,350,000 and sold for $79,000 below the asking price.

Looking at the image above ...

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Sept. 6, 2019

Two Sandy Hill Income Properties, sold recently

Comparing 2 Sandy Hill Income Properties that Sold in Aug. 2019

Both of the properties in this months video are from the same neighbourhood and both of them had 4 apartments in them. You can see that some of the numbers are very different.

The first building shows a Cap ...

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June 7, 2019

Tax Relief for Multi-Family Properties

Income Properties with Permits issued after April 2017 will see huge reduction in Taxes for 35 years.

tax savings after new rules on multifamilyA new bill has just been passed by the Ontario Government concerning properties with 2 or more units in them, where the permit was issued after April 2017.

These building owners are about ...

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Jan. 6, 2019

Sandy Hill Fourplex, sold Dec. 2018

Analyzing the financials on a Fourplex in Sandy Hill that sold in December 2018

This building sold for $1,495,000, $54,000 less than the listed price. There were 3 x 3 bedroom apartments and 1 x 4 bedroom apartment. All of the units in this building pay for ...

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