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April 2, 2021

8 Unit Building Sold in March 2021

Financials from the sale of this 8 Unit multi family property

This property had 8 units, it was a mix of bachelor, 1 and 2 bedroom apartments and one commercial. It was fire retrofit. It was located in West Centre Town.

This property was listed for $1,699,000 and ...

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March 5, 2021

Vanier 6 unit building, sold in February 2021

Financial breakdown on this sale from the Vanier Neighbourhood.

This building was listed for $1,090,000 and it sold for the full asking price. We are not sure if this property was fire retrofitted. It has a Cap Rate of 3.42% and a cash flow of $1260 with ...

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Feb. 4, 2021

New Edinburgh 5 Unit Building, sold in January 2021

Financial information on the sale of this 5 Unit Multi-Family property.

This building sold for $50,000 below the listed price, it was fire retrofit and with a 35% downpayment the buyer has a cash flow of negative $3500 and an ROI of -0.62%. This would suggest that the ...

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Feb. 3, 2021

Bidding Wars, Multiple offers, frustrated buyers and agents

There are a lot of frustrated buyers and agents out there right now!

Buyers making offers way over the asking price and still losing out, 30 agents writing offers on a listing and 29 fail and keep trying, that's the way it is right now here in Ottawa!

Patrick ...

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Posted in Multiple Offers, Sold
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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Dec. 3, 2020

Financials on the sale of a 7 unit property in Centretown

This was an interesting older building that had multiple offers and hence sold for way over it's list price.

Patrick walchuk shows you all of the financials on this property if you went in with a 35% downpayment.

You decide if this buyer got a good return on their ...

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Nov. 5, 2020

Financials on Hintonburg Triplex, sold in October 2020

This income property had Three Apartments and was not fire retrofit. It sold for under list price.

This building was listed at $1,090,000 and sold for $1,000,000. The buyer paid 16 times the gross income and 23 times the net income of the property.

With a ...

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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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April 3, 2020

Carlingwood 10 Unit sold March 2020

View the financial information on this 10 Unit Building that sold recently in Carlingwood.

Find out what the income and expenses were as well as the Cap Rate and the return on investment for the buyer with a 35% downpayment.

The image below contains the table with all of the ...

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