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Investment signal

$2,495,000

97 VACHON AVENUE

Save this home

Beds

Baths

Sqft

8,000

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

Excellent 12 unit building with great income and potential to increase rents. Great unit mix. Plenty of parking on this large lot. Great interest rate on the existing first mortgage which may be assumed @ 3.03% due June 1, 2030. (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
3402 - Vanier
Living area
8,000 square feet
Lot dimensions
Bldg=80 x 90 FT
On market
Oct 10, 2025
Status changed
Apr 24, 2026
Annual tax
$20,704 (2025)
Zoning
residential
Photos
19
MLS#
X12456166
Area
OTTAWA

Features and systems

Heating

Hot water radiator heatNatural gas

Cooling

None
Negative cash flow ~$2,604/mo at these assumptions

Cash on cash

-6.26%

Cap rate

3.61%

GRM

16.7

Break-even rent

$15,217

Financing

Down payment$499,000
Loan amount$1,996,000
Mortgage$10,113/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,144
Insurance$80
Maintenance$2,079
CapEx reserve$1,040
Vacancy loss$624

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 $10,113/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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