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Investment signal

$1,049,000

609 DONALD STREET

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Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Investment signal

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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

Excellent opportunity for investors/Developers on a residential/commercial property with zoning AM10. The property is convinient with bus stops, shops, Tim Horton and rstaurants aroung. There is high demand for rent for this area so the building is never vacant. There are three 3 bedroom apartments with full kitchen, bathrooms and dining areas. The 1st apartment in lower level is rented for $2,200 a month; the second apartment is rented for $2,000 a month; the 3rd apartment is rented for $1,800 a moth. The rent can be potentially greatly increased reflecting market rent when new owner can arrange new lease terms and rates. Each apartment has its own hydro meter and gas meter. (id:65958)

Subtype: Multi-family
Structure: Triplex
Community: 3502 - Overbrook/Castle Heights
Lot dimensions: 47.5 x 94.2 FT
Bedrooms: 9 above grade
Parking: 4 total
Stories: 2
Fireplace: Yes
On market: Apr 22, 2026
Status changed: Apr 22, 2026
Annual tax: $5,632 (2025)
Zoning: AM10[2199]H(15)
Photos: 8
MLS#: X13027838
Area: OTTAWA

Features and systems

Parking

No Garage

Basement

Apartment in basementN/A

Appliances

WasherRefrigeratorWater meterDishwasherStoveDryer

Exterior

Brick

Foundation

Concrete

Utilities

SewerElectricity

Negative cash flow ~$1,137/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

-6.50%

Cap rate

3.56%

GRM

16.7

Break-even rent

$6,446

Financing

Down payment$209,800

Loan amount$839,200

Mortgage$4,252/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$481

Insurance$80

Maintenance$874

CapEx reserve$437

Vacancy loss$263

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 $4,252/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 22, 2026.