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Multifamily

Donald & Columbus Apt Portfolio

324 Donald St & 299 Columbus, Ottawa, ON K1K 1M5

Listing Price: $19,975,000

Cap Rate
3.40%
Number of Units
63
Occupancy
100.0%
Price/Unit
$317,063
Price/Gross SF
$531.04
Gross SF
37,615

Investment Overview

Two newly built 3-storey multifamily buildings adjacent to two holding income properties with redevelopment potential all located within 5 minutes of each other for management convenience. Offered for sale as a Portfolio or can be purchased individually.

Investment Highlights

  • Unique opportunity to acquire a four property investment portfolio 10 minutes from downtown Ottawa
  • 324 Donald - 25 elevatored suites, built in 2020, with adjacent site (299 Donald) providing additional parking and redevelopment potential
  • 261 Columbus - 34 elevatored suites, built in 2021, with adjacent site (257 Columbus) providing additional parking and management office
  • Conveniently located minutes from public transit with easy access to schools, Ottawa Trainyards and St.Laurent Shopping Centres, RCGT Park, Vanier Parkway, Highway 417 and Downtown

Exclusively Listed By

Multifamily

Donald & Columbus Apt Portfolio

Listing Price: $19,975,000

Cap Rate
3.40%
Number of Units
63
Occupancy
100.0%
Price/Unit
$317,063
Price/Gross SF
$531.04
Gross SF
37,615

Investment Highlights

  • Unique opportunity to acquire a four property investment portfolio 10 minutes from downtown Ottawa
  • 324 Donald - 25 elevatored suites, built in 2020, with adjacent site (299 Donald) providing additional parking and redevelopment potential
  • 261 Columbus - 34 elevatored suites, built in 2021, with adjacent site (257 Columbus) providing additional parking and management office
  • Conveniently located minutes from public transit with easy access to schools, Ottawa Trainyards and St.Laurent Shopping Centres, RCGT Park, Vanier Parkway, Highway 417 and Downtown

Investment Overview

Two newly built 3-storey multifamily buildings adjacent to two holding income properties with redevelopment potential all located within 5 minutes of each other for management convenience. Offered for sale as a Portfolio or can be purchased individually.

Exclusively Listed By

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