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Investment signal

$849,900

437-439 BOOTH STREET

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

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

Investors and Developers take note! Prime investment opportunity on a 40.17' x 71.90' corner lot in the HEART of West Centre Town. Walk to Little Italy where you'll enjoy countless restaurants and cafes. Steps from Dow's Lake, Chinatown, LeBreton Flats, LRT & Transit, the Glebe, parks, schools, Carleton U, Civic Hospital & Heart Institute, highway 417 and much more. Multi unit offering the flexibility of immediate rental income until you are ready to develop. Maintained by the same owners for almost 40yrs and only 15 minutes to the Byward Market, U of O, Parliament Hill and the Downtown Core only adds to its appeal. If you are looking to invest in a vibrant, desirable and culture rich neighborhood, this one is for you! (id:65958)

Subtype: Single Family
Structure: House
Community: 4205 - West Centre Town
Common interest: Freehold
Lot dimensions: 40.2 x 71.5 FT
Bedrooms: 5 above grade
Parking: 4 total
Stories: 3
On market: Jul 24, 2025
Status changed: Apr 24, 2026
Annual tax: $6,231
Photos: 21
MLS#: X12304851
Area: OTTAWA

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Appliances

RefrigeratorStove

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Stone

Foundation

Stone

Community

Community Centre

Negative cash flow ~$939/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

-6.63%

Cap rate

3.54%

GRM

16.7

Break-even rent

$5,239

Financing

Down payment$169,980

Loan amount$679,920

Mortgage$3,445/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$390

Insurance$80

Maintenance$708

CapEx reserve$354

Vacancy loss$213

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 $3,445/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.