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Est. payment /mo
3 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 4102 - Ottawa Centre
MLS Listing ID X13763564
Style 3-Storey
Bedrooms 3
Annual Tax Amount $17,656
Tax Year 2026
Property Sub-Type Triplex
Property Description
Great Income property which has been highly updated - Fully Occupied by very good tenants. Property features a wonderful Commercial Tenant on the Main Floor. A large 2-bedroom residential suite on part of 2nd floor & 3rd floor which features luxurious finishes, a front porch & a large 15 feet by 15 feet outdoor deck off the 3rd floor living area and a1-bedroom residential suite on part of the 2nd floor. Both residential units have their own Furnace, Central Air conditioner, & Laundry Area. Commercial tenant pays $4,334.00/month which includes the annual commercial property tax & portion of annual property insurance; in addition the Commercial tenant pays approx. 70% of total city of Ottawa water bill for the complete property (approx. $1,680.00 is the Commercial Tenants portion) & other usage bills such as hydro & heat. Rent for 1-Bedroom unit is $1,575/month plus hydro & heat. Rent for 2-Bedroom unit is $2,700/month plus hydro & heat. Total approx. Gross Income = $103,308.00 - Approx. Total Gross Expenses to be paid by the Landlord/Owner = $26,509.39 - Approx. Total net Income = $76,798.61 - Approx. CAP Rate of 6.02. Loads of updates throughout this centrally located building. The Front of the property has Heritage Designation.***Commercial portion of the property will have HST (In Addition) Applicable to the Sale Price***
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 3
Interior
Interior Features Separate Hydro Meter
Cooling Central Air
Inclusions 2 Fridges, 2 Stoves, 2 Dishwashers, 2 Washers, 2 Dryers
Exterior
Exterior Feature Porch
Pool None
Roof Type Asphalt Shingle
Lot Frontage 32.0
Lot Depth 112.5
Total Parking Spaces 3
Building
Foundation Stone
Others
Senior Community No
ParcelsYN No
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Listed by RE/MAX HALLMARK REALTY GROUP
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