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For sale
Triplex

93-95 Lower Charlotte Street

$1,695,000
Ottawa, Ontario, K1N 8J9
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Overview

  • Updated On:
  • March 25 2025
  • MLS® Number
  • X12006603
  • 10 Bedrooms
  • 6 Bathrooms

Description

Welcome to 93-95 Lower Charlotte, built around 1907. Since 2003, all systems were updated... electricity: 100 amp service to 300 amp ... plumbing: lead pipes and cast iron to copper and ABS... remove most lath and plaster and installed insulation and sheetrock (5/8), replaced flooring with hardwood, laminate, vinyl or ceramic throughout. Built 5 new bathrooms and 1 powder room. Installed 3 full kitchens. The back and side bricks were replaced by vinyl siding and hardy-board. The front bricks and wooden entrance was replaced by new bricks and concrete stairs and landing. A rooftop deck, second floor balcony and a deck off of the 93 kitchen. 93-95 Lower Charlotte is a legal non-conforming Triplex... 93 Lower Charlotte has 2 bedrooms, 1-4pces en-suite and 1-powder room. Approx. 1,400 sq. ft. The main floor has Living/Dining area, powder room, renovated kitchen with access to large private deck. The second floor has a Master bedroom with access to balcony, walk-in closet and 4-pces ensuite, laundry room and a second bedroom with a Murphy bed. 95 Lower Charlotte has 2 bedrooms, a 4-pces bathroom and a kitchen on the main floor. On the second floor, there are 3 bedrooms, a 4-pces bathroom and a kitchenette with access to the front balcony. The third, located on third floor of 93-95 has private access from the back entrance. This unit 3 bedrooms, 2 3-peices bathrooms and a kitchen/living area. This unit has exclusive use of the roof-top deck with BBQ. TOTAL EXPENSES: Taxes - $11,699.00, Wifi - $1,573, Hydro - $2,690.00, Water - $1,713.43, Gas - $3,656.70 , Insurance: $5243.00 Total Operating Expenses is: $26,575.00. RENTAL REVENUES: Unit -1 at 93 : $2600 mth, Unit -2 at 95 : $3450.00, Unit - at 93-95 : $2350. TOTAL Rental Income: $8,400 * 12 = $100,800.00 ( rent includes all utilities) Net Operating Income (NOI) is $74,225.00. Capitalization Rate is : 4.4 ($74,225.00 / $1,695,000) There are 4 legal Parking spaces. (id:57887)

Details

Price:
Price Info:
Property Type: Multi-family
Building Type: Triplex
Storeys: 3
Neighbourhood: Sandy Hill

Features

Appliances
Water Heater
Water meter
Dishwasher
Dryer
Hood Fan
Microwave
Stove
Washer
Refrigerator
Cooling & Heating
Natural gas
Forced air
Central air conditioning
ExteriorFinish
Brick

Calculator

$ 8,690.60
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 6,571.85

Building Details

Bedroom
BedroomsAboveGround: 10
BedroomsTotal: 10
Bathroom
BathroomTotal: 6
HalfBathTotal: 1
Basement
BasementDevelopment: Unfinished
BasementType: N/A (Unfinished)
Size
SizeInterior: 3499.9705 - 3748.9688 sqft
Construction
FoundationType: Stone
Utility
UtilityWater: Municipal water

Land Details

Acreage: No
LandAmenities: Public Transit, Schools
Sewer: Sanitary Sewer
SizeDepth: 81 Ft ,10 In
SizeFrontage: 38 Ft
SizeIrregular: 38 X 81.9 Ft
SizeTotalText: 38 X 81.9 Ft

Room Details

Second level
Type Dimensions
Bedroom 3.66 m x 3.66 m
Laundry Room 1.8 m x 1.8 m
Bedroom 4.6 m x 3.66 m
Bedroom 4.6 m x 3.66 m
Bedroom 3.66 m x 3.66 m
Bathroom 1.8 m x 1.87 m
Kitchen 3 m x 1.8 m
Primary Bedroom 5.18 m x 3.66 m
Bathroom 3.66 m x 3.66 m
Third level
Type Dimensions
Bedroom 4.2 m x 3.66 m
Bedroom 3.66 m x 3.66 m
Bedroom 4.3 m x 4.5 m
Kitchen 4.5 m x 3.66 m
Bathroom 2.13 m x 2.13 m
Bathroom 2.13 m x 2.13 m
Main level
Type Dimensions
Living Room 4.6 m x 5.2 m
Dining Room 4.6 m x 5.2 m
Kitchen 5.8 m x 3.66 m
Bedroom 4.6 m x 3.66 m
Bedroom 4.6 m x 3.66 m
Bathroom 1.8 m x 2.4 m
Kitchen 5.8 m x 2.66 m

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March 25 2025 03:37:12

Ottawa Real Estate Board

Royal LePage Team Realty

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  • The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
  • The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

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