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Investment signal

$1,579,000

149 WILLOW STREET

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Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Suite potential

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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

Welcome to Little Italy, an iconic neighborhood in the heart of the city, where a sleek and modern 4plex awaits you. This newly constructed legal 4plex exudes sophistication and style, with each unit featuring spacious layouts, high-end finishes, and an abundance of natural light. The property is fully rented with great tenants, ensuring a steady stream of rental income for the savvy investor. Little Italy is a prime location known for its lively atmosphere and vibrant community, making it an ideal spot for real estate investment. With low maintenance costs and high demand, this 4plex presents a lucrative opportunity for those looking to capitalize on the dynamic real estate market in Little Italy. Gross Rent $82,200 projected 2026. Explosive Air BNB potential. Close to O-Train, Lebreton Flats, Dow's Lake, many specialty shops , restaurants and vibrant festivals. 24hrs notice for showings & 24hrs irrevocable on all offers, as per form 244. (id:65958)

Subtype: Multi-family
Structure: Fourplex
Community: 4205 - West Centre Town
Lot dimensions: 25 x 107 FT ; 1
Bedrooms: 6 above grade, 1 below grade
Parking: 1 total
On market: Apr 15, 2026
Status changed: Apr 23, 2026
Annual tax: $10,761
Zoning: TM[78]H(15), R4H, Unassigned
Photos: 14
MLS#: X13000054
Area: OTTAWA

Features and systems

Parking

No Garage

Basement

FinishedFull

Appliances

RefrigeratorStoveHood Fan

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Concrete

Negative cash flow ~$1,673/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.36%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,661

Financing

Down payment$315,800

Loan amount$1,263,200

Mortgage$6,400/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$724

Insurance$80

Maintenance$1,316

CapEx reserve$658

Vacancy loss$395

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

Estimated $6,400/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.