1216 Shillington Avenue, Carlington - Central Park

$6,500,000
1216 Shillington Avenue

$6,500,000

New
217d
Investment

1216 Shillington Avenue, Carlington - Central Park

Total Monthly Obligation $31,547

Beds
0
Baths
0
Park
0
DOM
217d
Property Type-Investment
MLS® Number-X12905294
Beds-0
Lot Size-150.12 × 137.17 ft
Listed on site-Mar 20, 2026
Building Type-Investment
Age-51-99
Taxes-$59,437 (2025)
Parking-None
Heating-Baseboard
Brokerage-EXP REALTY
Cooling-No
Fireplace-No
Pool-None
Possession-Immediate
Neighbourhood-5303 - Carlington
Title-Commercial

No agent assigned

Exceptional investment opportunity in a prime Ottawa location. This 30-unit building at 1216 Shillington Avenue features a strong unit mix: 1 bachelor, 28 one-bed units, and 1 two-bed unit. Ideally situated close to the Civic Hospital, major amenities, and with easy access to Highway 417, this property offers reliable rental performance and long-term growth potential. A rare chance to secure a high-demand multi-family asset in a central, sought-after area. 22 units have been renovated recently. 28 of 30 units are separately metered. Approximately 30 parking spaces. CA required to release financials.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$5,200,000
Land Transfer Taxes$148,975
Legal Fees (Est.)
$
Total cash required for closing$1,450,475

Total Monthly Obligation

$31,547/mo
Mortgage $26,219
Monthly Loss $24,648
Principal$6,900
Interest$19,320
Property Tax$4,953
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

Assumptions & Inputs
$/mo
%
$
yr
%

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1216 Shillington Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.