$2,150,000
11-1,2,3; 13-1,2,3 - 11 & 13 ACACIA AVENUE
Beds
—
Baths
—
Sqft
4,200
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Cap Rate = 5.6%. Fully renovated 6-plex apartment building on storied Acacia Ave at the entrance to Rockliffe Park. New bathrooms and kitchens w quartz countertops, new flooring, fridges, dishwashers, washer-dryers, microwaves and hot water tanks in all units in winter of 2021. New wiring and plumbing throughout. Building fully occupied with young professionals. Average lease length of 2 years, creating ample opportunity to increase rents to market value without additional capital improvements. Annual gross income of $143k. NOI of $121k. Electric heat, separate meters for each unit, tenants pay hydro. Two 1 bedroom garden-level walkout units with their own green space. Two 1 bedroom 1st floor units with private, west facing decks. Two 1 bedroom and den 2nd story units with private, east facing decks. Units rent from $1,800/ month to $2,200/month. Parking for 6 cars in adjacent lot, also for sale separately or combined. (See MLS: 13010148) Rent roll for all 6 units available. Recent survey available. Safe, popular, leafy neighbourhood with many attractive amenties within short walking distance, including Metro, LCBO, Starbucks, Bridgehead, Pet Value, vet clinics, restaurants and specialty shops. Bike and jogging paths, and winding, secluded streets of Rockliffe Park only a stones throw away. Great location and excellent investment opportunity. (id:65958)
- Subtype
- Multi-family
- Structure
- Multi-Family
- Community
- 3302 - Lindenlea
- Living area
- 4,200 square feet
- Lot dimensions
- Bldg=38.1 x 43.6 M
- On market
- Apr 16, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $9,311 (2025)
- Zoning
- RU4D
- Photos
- 50
- MLS#
- X13008696
- Area
- OTTAWA
Features and systems
Appliances
Heating
Cooling
Cash on cash
-6.29%
Cap rate
3.61%
GRM
16.7
Break-even rent
$13,124
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.