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$2.45M · 20 bed Multiplex · 342 Frank Street, Ottawa, Ontario K2P 0Y1 | HomeSearchCanada

$2,450,000

342 Frank Street

76 DOM

20776d

Map

DOM 76

$2,450,000

DOM76days

342 Frank Street

Ottawa · Ontario K2P 0Y1

MLS® X13026164 · 4103 - Ottawa Centre · K2P 0Y1

207TenantOccupied5000 + ft²MultiplexNoneApartment76d$490/ft²Lot 59.7 x 66 ft$20,242 tax/yrApartment

76 days on market

About this home

Rarely available purpose built multi unit investment property in prime Centretown location. 196K Gross income. Fully rented. Six 3-bedroom unit+one 2-bedroom unit . 3 Storey brick building. Large, well-maintained units. Easy walking to Bank street, Elgin and Parliament hill. New boiler2025

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Property details

MLS#: X13026164
Status: Buy Now
Property class: Residential Freehold
Beds: 20
Baths: 7 full, 0 half
Rooms: 34
Kitchens: 7
Size: 5000 +Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: Apartment
Style: 3-Storey
Type: Multiplex
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

PIN: 041190183
Roll / ARN: 061404210145400

Occupancy: Tenant Occupied
Washrooms: 4 pc
Family room: No
Central vacuum: No
Ensuite laundry: No

Zoning: R4T

Roof: Flat
Foundation: Stone
Property features: Public Transit

Garage: None
Garage spaces: 0
Parking: 0 total
Lot: 59.66 × 66
Heating: Forced Air
Heating fuel: Gas
Cooling: None
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick
Fronting on: South
Cross street: O'Connor
Stories: —
Utilities: —
Laundry: —
Laundry level: Lower Level
Interior: Separate Hydro Meter, Water Heater Owned
Parking features: None

Additional listing data

ListAOR: Ottawa Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: ROYAL LEPAGE PERFORMANCE REALTY

Source: TRREB/PROPTX · MLS® X13026164

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$2.45M

342 Frank Street · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $2,450,000✓ $20,242 tax✓ Gas✓ 5000 + ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$18,163/mo

incl. closing costs (yr 1)

Annual total

$217,962

year 1

Mortgage only

$9,295/mo

principal + interest

Beyond mortgage

$4,434/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$490,000

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$1,687/mo

Utilities

Hydro / electricity$350/mo

≈ $0.07/ft² × ~5,000 ft² · ON avg ~$350/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$24,500/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$47,725

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)51% $111,535/yr

Property taxes31% $67,967/yr

Utilities3% $7,260/yr

Insurance & security1% $1,600/yr

Maintenance11% $24,500/yr

Closing costs2% $5,100/yr

Mortgage is 51% of your true cost of ownership. The other 49% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$111,535	$9,295/mo
Government & taxes
Property tax	$20,242	$1,687/mo
Land transfer tax(closing)	$47,725	$3,977/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$4,200	$350/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$24,500	$2,042/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$217,962	$18,163/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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342 Frank Street

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs