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Investment signal

$1,100,000

256 KENT STREET N

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Beds

2

Baths

2

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

Opportunity to own a Duplex on a great downtown corner lot with 2 parking spaces. This property would be great for any owner wanting to live in one of the units. Hardwood flooring with ceramic in the kitchen. Large windows and high ceilings. R4UD zoned allowing for multiple development potential. Easy access to the 417 Hwy, fabulous for commuting. Walking distance to groceries, shopping, the Glebe, Golden Triangle, Ottawa Downtown, Bank Street, Elgin Street. Both units currently configured as 2 bedroom units, both having their own patio / balcony. Both units have been leased for over 1 year - now month to month. Potential GOI: $52,800 / Current GOI: $33,600 / Current Expenses:$6,900 / Potential NOI: $44,844 (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
4102 - Ottawa Centre
Lot dimensions
28 x 58 FT
Bedrooms
2 above grade
Parking
2 total
Stories
2
On market
Jan 13, 2026
Status changed
Apr 28, 2026
Annual tax
$5,166 (2025)
Photos
28
MLS#
X12691840
Area
OTTAWA

Features and systems

Parking

No Garage

Basement

Crawl space

Appliances

All

Heating

Radiant heatNatural gas

Cooling

None

Exterior

Brick

Flooring

Hardwood

Foundation

Stone

Utilities

SewerElectricityCable
Negative cash flow ~$1,193/mo at these assumptions

Cash on cash

-6.51%

Cap rate

3.56%

GRM

16.7

Break-even rent

$6,756

Financing

Down payment$220,000
Loan amount$880,000
Mortgage$4,459/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$504
Insurance$80
Maintenance$917
CapEx reserve$458
Vacancy loss$275

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.

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.

Mortgage estimate

Estimated $4,459/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 28, 2026.

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