Foreclosure signalInvestment signal

$550,000

255 GRANVILLE STREET

Save this home

Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Investment signal

Text Hasan Open map Ask a question

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

Property was a purpose built 4 plex. Property was damaged due to a fire on the second floor and it is unsafe to view the interior. Property to be sold "as is, where is" condition, the buyer accepts the property in its current condition, including all defects, whether known or unknown, latent or patent. The seller is not responsible for repairs, remediation, or clean-up after closing. Showings are for the exterior only. (id:65958)

Subtype: Multi-family
Structure: Fourplex
Community: 3402 - Vanier
Lot dimensions: 31 x 101 FT
Bedrooms: 4 above grade
Parking: 2 total
Stories: 2
On market: Apr 9, 2026
Status changed: Apr 24, 2026
Annual tax: $5,105 (2025)
Zoning: N4B H(11)
Photos: 1
MLS#: X12974072
Area: OTTAWA

Features and systems

Parking

No Garage

Basement

Partially finishedN/A

Appliances

Water meter

Heating

Forced airNatural gas

Cooling

None

Exterior

Brick

Foundation

Brick

Negative cash flow ~$494/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

-5.39%

Cap rate

3.79%

GRM

15.8

Break-even rent

$3,420

Financing

Down payment$110,000

Loan amount$440,000

Mortgage$2,229/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$252

Insurance$80

Maintenance$458

CapEx reserve$229

Vacancy loss$145

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 $2,229/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 24, 2026.