MultiFamily Articles

May 27, 2022

Triplex Sold in May 2022, financials

Financial information from the sale of this Legal Triplex that SOLD in May, 2022

This legal triplex property with no vacancies was located in West Ottawa, with one 1-bedroom apartment and two 2-bedroom apartments.

The property was listed for $1,150,000 and sold for $1,128,000.

  • Scheduled Rental ...
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May 3, 2022

Triplex sold in April 2022, financial breakdown

Here is the breakdown of the financials from the sale of this triplex from an east end neighbourhood.

This building was listed for $1,250,000 and sold for $1,250,000 (full price)

  • Scheduled Rental Income was $64,394
  • Effective Rental Income was $62,462
  • Operating expenses of $12 ...
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March 30, 2022

Central West 6 Unit Building Sold in March 2022

Financial information from the sale of this 6 Unit Building that sold in March, 2022

This property was located in a Central West neighbourhood of Ottawa, with four 2-bedroom apartments and two 1-bedroom apartments. It was a purpose-built, multi-family building.

The property was listed for $1,499,000 and sold ...

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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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Feb. 9, 2022

12 Unit Building for Sale, 337 Sunnyside Ave

Exceptionally bright and modern 12 unit, professionally managed in a premium location ensures units are easy to rent.

337 Sunnyside Ave. - Price is $6,100,000 - MLS® # 1276983.

All units have two bedrooms, 6 appliances, insuite laundry, four piece bath and hot water on demand. 2017 construction means minimal maintenance ...

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Feb. 4, 2022

9 Unit Building in Lowertown Sold Jan. 2022

Breaking down the financials from the sale of this 9 unit building

Here is the financial analysis from the sale of this 9 unit building from the Lowertown neighbourhood in Ottawa. This property was fire retrofit. List Price was $2,999,000 and it sold for $3,050,000

Notable ...

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Jan. 7, 2022

Selling Income Property in 2021, a review

This is a non-statistical movie about the multi-family market and what went on in 2021 from a REALTOR’s perspective.

2022 is seeing a provincially regulated rental increase of 1.2%. In 2021, it was 0%. Inflation is running at 5%, so how is this fair? Where is the profit opportunity ...

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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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Dec. 3, 2021

West End 6 Unit building Sold in November

Financial information from the sale of this 6 unit building that sold in November 2021

This property was located in the Carlington neighbourhood in the west end of Ottawa.

This building was fire retrofit and had four 2 bedroom apartments and two one bedroom apartments. This was a purpose built ...

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Nov. 3, 2021

Financials on a Triplex SOLD in Oct. 2021

Have a look at the financials from the sale of this 3 unit building located in the West End of Ottawa

The property we are profiling today was located Between Greenbank and Woodroffe Avenue, with 2 x three bedroom apartments and 1 one bedroom apartment in the basement.  We ...

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