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Investment signal

$899,900

27 PERKINS STREET

Save this home

Beds

4

Baths

3

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

Welcome to this duplex building with 3 separate units. Live on one side and rent the other. Fantastic opportunity for investors. 25 Perkins is the middle building with two 1 bedroom units. 27 Perkins is an end unit with 2 bedrooms and parking spot out front. Over $37,000/yr net income. Next to Lebreton Flats and future home to the Ottawa Senators Stadium. Detailed pdf with expenses and income along with current tenant situation available. Minutes from the bridge to Gatineau, 2.5km from University of Ottawa, 2.2km from Elgin St, 6 minute walk to Pimisi LRT station, close to Little Italy and China Town. Lebreton Flats Master Concept Plan available upon request. The plan is based on public feedback and builds. LeBreton Flats is a 29-hectare site anchored by two LRT stations at Pimisi and Bayview that hosts the yearly Bluesfest festival and in the future will be the home of a new up-and-coming community (or hockey arena). 27 has central A/C, 25 does not. Property is on a quiet dead-end street. All properties are tenanted and wish to stay. (id:65958)

Subtype
Multi-family
Structure
Triplex
Community
4204 - West Centre Town
Lot dimensions
28.2 x 59.5 FT
Bedrooms
4 above grade
Parking
1 total
Stories
2
On market
Mar 3, 2026
Status changed
Apr 24, 2026
Annual tax
$7,669 (2025)
Photos
27
MLS#
X12838750
Area
OTTAWA

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Appliances

RefrigeratorStove

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Foundation

Stone
Negative cash flow ~$990/mo at these assumptions

Cash on cash

-6.60%

Cap rate

3.54%

GRM

16.7

Break-even rent

$5,542

Financing

Down payment$179,980
Loan amount$719,920
Mortgage$3,648/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$412
Insurance$80
Maintenance$750
CapEx reserve$375
Vacancy loss$225

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 $3,648/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.

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