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Investment signal

$1,450,000

656 DE L'EGLISE STREET

Save this home

Beds

Baths

Sqft

15,000

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

**Listing price is one building only** Investors/Developers Delight! 3 solid 6 unit buildings with 18 large apartments with potential 6 more units(in the lower levels!), 3 buildings are side-by-side on 3 large lots offering you 12 x 2 bedroom apartments and 6 x 1 bedroom apartments. Rents are low but have potential for increasing. 15 min bus ride to the University of Ottawa and Parliament Hill! Each building was recently(2022) appraised for $1,500,000 each. ($4,500,000 for all 3 buildings). Call today! Please visit the REALTOR website for further information about this Listing. (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
3404 - Vanier
Living area
15,000 square feet
Lot dimensions
Bldg=172 x 100 FT ; 1
Parking
18 total
On market
Feb 10, 2026
Status changed
Apr 24, 2026
Annual tax
$8,786
Zoning
R4UA
Photos
38
MLS#
X12775440
Area
OTTAWA

Features and systems

Heating

Hot water radiator heatNatural gas

Cooling

None
Negative cash flow ~$1,547/mo at these assumptions

Cash on cash

-6.40%

Cap rate

3.58%

GRM

16.7

Break-even rent

$8,879

Financing

Down payment$290,000
Loan amount$1,160,000
Mortgage$5,878/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$665
Insurance$80
Maintenance$1,208
CapEx reserve$604
Vacancy loss$363

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 $5,878/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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