278 DONALD Street, Ottawa

$ 1,589,900


Unique property that has 14 bachelor units with another two units that share accommodations. Huge income that comes with a 7.34 % cap rate. Perfect for the investor looking to get a good return for the invested dollar. 24 hours notice for showings and 24 hours irrevocable on all offers. The Gross rent as of Dec 1, 2020 will be $157,320. Rents are all inclusive including Gas, Water, Hydro and Cable. The Buyer to do their own due diligence with this property. Please note zoning has recently changed from R4N to R4UC. With the current lot size you are allowed to have 9+ units and can build up to 11 metres in height.

Additional Details

  • Lot Size
    50.00 X 116.75 Ft.
  • Community
    Overbrook/Castle Heights
  • Tax
  • Parking Space
  • Air Conditioning
  • Heating Type
  • Basement
    Fully Finished Full


  • Fireplace
  • Pool
  • Elevator
  • Furnished
  • Family Room
  • Central Vacuum
  • Retirement
  • Water Front


278 DONALD Street , Ottawa, Ontario K1K 1M7

Nearby Schools

  Green Yellow Orange Red
Fraser Institute
Rating (out of 10)
10.0-7.6 7.5-6.0 5.9-4.1 4.0-0.0

Disclaimer: The property is not necessarily in the boundary of the schools shown above. This map indicates the closest primary and secondary schools that have been rated by the Fraser Institute. There may be other, closer schools available that are not rated by the Fraser Institute, or the property can be in the boundary of farther schools that are not shown on this map. This tool is designed to provide the viewer an overview of the ratings of nearby public schools, and does not suggest association to school boundaries. To view all schools and boundaries please visit the respective district school board’s website.

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