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Investment signal

$1,649,900

3835 MCBEAN STREET

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Beds

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Baths

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Sqft

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Year

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Type

Retail

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

Prime Investment Opportunity - Fully Leased Commercial Property on a half-acre lot (23,250 sq ft). An exceptional opportunity for the discerning investor: this fully leased property features three stable tenants generating a total gross annual rental income of $128,400. All tenants share hydro costs equally, while the landlord covers property taxes, insurance, water, landscaping, environmental services, and snow removal - streamlining management and enhancing tenant satisfaction. The front section of the lot has been recently paved, ensuring excellent curb appeal and functionality. Zoned RG3[151r], the property offers strong current cash flow with exciting future development potential, as a new residential subdivision is being constructed directly behind the site-presenting opportunities to service this growing community. Please note: storage containers located at the rear of the property are excluded from the sale. Vacant lot at 3833 McBean also available for sale. (id:65958)

Subtype: Retail
Community: 8209 - Goulbourn Twp From Franktown Rd/South To Rideau
Living area: 5,760 square feet
Lot dimensions: 99.91 x 235.74 FT
On market: Oct 17, 2025
Status changed: Apr 24, 2026
Annual tax: $4,591.68 (2025)
Zoning: RG3[151r]
Photos: 42
MLS#: X12468809
Area: OTTAWA

Features and systems

Parking

Other

Cooling

Fully air conditioned

Negative cash flow ~$1,749/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

$10,091

Financing

Down payment$329,980

Loan amount$1,319,920

Mortgage$6,688/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$756

Insurance$80

Maintenance$1,375

CapEx reserve$687

Vacancy loss$413

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 $6,688/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.