Multi-unit
$995,000
34-40 Barrette Street
Vanier, Ottawa
- 8 bd
- 4 ba
- Duplex
1 / 15
$695,900
Vanier, Ottawa, ON K1L6N4 · MLS® X14172784
Renovated Vanier duplex, updated in 2017 with newer kitchens and bathrooms. Features two fully rented 3-bedroom units generating $4,128.97/month ($49,547.64 annually). Unit #1 rents for $1,938.41 + hydro; Unit #2 at $2,190.56 all inclusive.Annual expenses: Heat $2,225, water/sewer $2,617, insurance $3,601, snow removal $850, hydro $1,419 and property taxes $3,737. Total annual expenses: $14,449.Net annual income: $35,098.64 (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.
Listed by Coldwell Banker Sarazen Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.