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Tony Tompson

Sales Representative
Century 21 Example Inc., Brokerage Independently owned and operated. 7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6 Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184

$1,299,900
Available - For Sale
Listing ID: X12270156
1008 ST. LAURENT Boul , Overbrook - Castleheights and Area, K1K 3B4, Ottawa


Turnkey 5-Unit Multiplex that has been Fully Renovated with Strong Cash Flow! An exceptional investment opportunity awaits with approximately 6.3% Cap Rate, offering $400,000 in recent capital improvements from top to bottom. 2- 2Bedroom, 2- 1Bedroom & 1- Studio. Every aspect of the property has been thoughtfully upgraded from the roof, insulation, electrical, plumbing, kitchens, bathrooms, flooring and soo much more making this a truly turnkey asset for any investor. Each unit has been modernized with quality finishes, ensuring long-term durability and tenant appeal. Major systems, interiors, and exterior elements have all been addressed, minimizing future maintenance costs. With a Net Operating Income of $82,136, this property offers a solid return in a market where stability and performance matter. Whether you're expanding your portfolio or entering the multi-family space, this is an investment you wont want to miss. 1,900SF.FT. of Parking. Investment Package Available with Rent Role & Capital Improvements. Zoning code:AM10(2199)AM10(1211)5228
Price $1,299,900
Taxes: $3372.00
Occupancy: Tenant
Address: 1008 ST. LAURENT Boul , Overbrook - Castleheights and Area, K1K 3B4, Ottawa
Directions/Cross Streets: St.Laurent & Donald
Rooms: 13
Rooms +: 7
Bedrooms: 4
Bedrooms +: 2
Family Room: F
Basement: Apartment, Finished
Washroom Type No. of Pieces Level
Washroom Type 1 3 Main
Washroom Type 2 3 Lower
Washroom Type 3 3 Second
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 3 Main
Washroom Type 7 3 Lower
Washroom Type 8 3 Second
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 3 Main
Washroom Type 12 3 Lower
Washroom Type 13 3 Second
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 3 Main
Washroom Type 17 3 Lower
Washroom Type 18 3 Second
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 3 Main
Washroom Type 22 3 Lower
Washroom Type 23 3 Second
Washroom Type 24 0
Washroom Type 25 0
Total Area: 0.00
Property Type: Multiplex
Style: 2-Storey
Exterior: Aluminum Siding, Brick
Garage Type: None
(Parking/)Drive: Available,
Drive Parking Spaces: 7
Park #1
Parking Type: Available,
Park #2
Parking Type: Available
Park #3
Parking Type: Private
Pool: None
Approximatly Square Footage: 2500-3000
Property Features: Public Trans, Rec./Commun.Centre
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Schools

8 public & 7 Catholic schools serve this home. Of these, 10 have catchments. There are 3 private schools nearby.

Parks & Rec

5 playgrounds, 3 ball diamonds and 8 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 1 min walk away. Rail transit stop less than 1 km away.

$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $64,995 $129,990 $194,985 $259,980
First Mortgage $1,234,905 $1,169,910 $1,104,915 $1,039,920
CMHC/GE $49,396.2 $36,267.21 $30,937.62 $0
Total Financing $1,284,301.2 $1,206,177.21 $1,135,852.62 $1,039,920
Monthly P&I $6,337.79 $5,952.27 $5,605.23 $5,131.82
Expenses $0 $0 $0 $0
Total Payment $6,337.79 $5,952.27 $5,605.23 $5,131.82
Income Required $237,667.28 $223,209.99 $210,196.02 $192,443.14

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$3,207.39
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE TEAM REALTY
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At a Glance:
Type: Freehold - Multiplex
Area: Ottawa
Municipality: Overbrook - Castleheights and Area
Neighbourhood: 3502 - Overbrook/Castle Heights
Style: 2-Storey
Lot Size: x 123.98(Feet)
Approximate Age:
Tax: $3,372
Maintenance Fee: $0
Beds: 4+2
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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