$6,500,000
1216 SHILLINGTON AVENUE
Beds
—
Baths
—
Sqft
—
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
Exceptional investment opportunity in a prime Ottawa location. This 30-unit building at 1216 Shillington Avenue features a strong unit mix: 1 bachelor, 28 one-bed units, and 1 two-bed unit. Ideally situated close to the Civic Hospital, major amenities, and with easy access to Highway 417, this property offers reliable rental performance and long-term growth potential. A rare chance to secure a high-demand multi-family asset in a central, sought-after area. 22 units have been renovated recently. 28 of 30 units are separately metered. Approximately 30 parking spaces. CA required to release financials. (id:65958)
- Subtype
- Multi-family
- Structure
- Multi-Family
- Community
- 5303 - Carlington
- Living area
- 19,891 square feet
- Lot dimensions
- 150.12 x 137.17 M
- On market
- Mar 20, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $59,437 (2025)
- Zoning
- R4UCS192
- Photos
- 27
- MLS#
- X12905294
- Area
- OTTAWA
Features and systems
Appliances
Heating
Cooling
Lot
Cash on cash
-6.14%
Cap rate
3.64%
GRM
16.7
Break-even rent
$39,507
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.