$2,450,000
342 FRANK STREET
Beds
20
Baths
7
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
Rarely available purpose built multi unit investment property in prime Centretown location. 196K Gross income. Fully rented. Six 3-bedroom unit+one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler2025 (id:65958)
- Subtype
- Multi-family
- Structure
- Other
- Community
- 4103 - Ottawa Centre
- Lot dimensions
- 59.7 x 66 FT
- Bedrooms
- 20 above grade
- Parking
- 0 total
- Stories
- 3
- On market
- Apr 21, 2026
- Status changed
- Apr 21, 2026
- Annual tax
- $20,242 (2025)
- Zoning
- R4T
- Photos
- 30
- MLS#
- X13026164
- Area
- OTTAWA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Cash on cash
-6.27%
Cap rate
3.61%
GRM
16.7
Break-even rent
$14,944
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 21, 2026.