<-- style PDP --> 93-95 Lower Charlotte Street, Ottawa - Triplex for sale for $1,595,000
  • for sale

93-95 Lower Charlotte Street

Ottawa, Ontario, K1N 8J9 - Lower Town

$1,595,000

  • Neighbourhood

    Lower Town

  • Major Intersection

    Cobourg Street

  • Listed Since: 202 day(s)

  • Last update: today

Overview

  • Property Type

    Triplex, 3-Storey

  • Bedrooms

    10

  • Bathrooms

    6

  • Basement

    Unfinished

  • Kitchen

    5

  • Total Parking

    4

  • Lot Size

    37.95x81.91 (Feet)

  • Taxes

    $10,810.50 (2024)

  • Type

    Freehold

Property Description

Property description for 93-95 Lower Charlotte Street, Ottawa

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.

Listed by ROYAL LEPAGE TEAM REALTY

  • MLS #

    X12006603

  • Sq. Ft

    3500-5000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Front Yard, Lane

  • Garage

    None

  • Total Parking

    4

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Rolled, Asphalt Shingle

  • Foundation

    Stone

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Main

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    4.6 x 5.2 ft Main level

    Carpet Free

  • Dining

    4.6 x 5.2 ft Main level

    O/Looks Dining, carpet free

  • Kitchen

    5.8 x 3.66 ft Main level

    Renovated, B/I Dishwasher, W/O To Sundeck

  • Powder Rm

    1.5 x 1.0 ft Main level

    2 Pc Bath

  • Br

    4.6 x 3.66 ft Main level

  • Br

    4.6 x 3.66 ft Main level

  • Bathroom

    1.8 x 2.4 ft Main level

    4 Pc Bath

  • Kitchen

    5.8 x 2.66 ft Main level

    Renovated

  • Primary

    5.18 x 3.66 ft 2nd level

    W/O To Balcony, W/W Closet

  • Bathroom

    3.66 x 3.66 ft 2nd level

    4 Pc Bath, Soaker

  • Br

    3.66 x 3.66 ft 2nd level

    Murphy Bed

  • Laundry

    1.8 x 1.8 ft 2nd level

  • Br

    4.6 x 3.66 ft 2nd level

  • Br

    4.6 x 3.66 ft 2nd level

  • Br

    3.66 x 3.66 ft 2nd level

  • Bathroom

    1.8 x 1.87 ft 2nd level

  • Kitchen

    3.0 x 1.8 ft 2nd level

  • Br

    4.2 x 3.66 ft 3rd level

  • Br

    3.66 x 3.66 ft 3rd level

  • Br

    4.3 x 4.5 ft 3rd level

  • Kitchen

    4.5 x 3.66 ft 3rd level

  • Bathroom

    2.13 x 2.13 ft 3rd level

    3 Pc Bath

  • Bathroom

    2.13 x 2.13 ft 3rd level

    3 Pc Bath

  • MLS #

    X12006603

  • Sq. Ft

    3500-5000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Front Yard, Lane

  • Garage

    None

  • Total Parking

    4

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Asphalt Rolled, Asphalt Shingle

  • Foundation

    Stone

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    Main

  • Heat

    Forced Air

  • A/C

    Central Air

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    4.6 x 5.2 ft Main level

    Carpet Free

  • Dining

    4.6 x 5.2 ft Main level

    O/Looks Dining, carpet free

  • Kitchen

    5.8 x 3.66 ft Main level

    Renovated, B/I Dishwasher, W/O To Sundeck

  • Powder Rm

    1.5 x 1.0 ft Main level

    2 Pc Bath

  • Br

    4.6 x 3.66 ft Main level

  • Br

    4.6 x 3.66 ft Main level

  • Bathroom

    1.8 x 2.4 ft Main level

    4 Pc Bath

  • Kitchen

    5.8 x 2.66 ft Main level

    Renovated

  • Primary

    5.18 x 3.66 ft 2nd level

    W/O To Balcony, W/W Closet

  • Bathroom

    3.66 x 3.66 ft 2nd level

    4 Pc Bath, Soaker

  • Br

    3.66 x 3.66 ft 2nd level

    Murphy Bed

  • Laundry

    1.8 x 1.8 ft 2nd level

  • Br

    4.6 x 3.66 ft 2nd level

  • Br

    4.6 x 3.66 ft 2nd level

  • Br

    3.66 x 3.66 ft 2nd level

  • Bathroom

    1.8 x 1.87 ft 2nd level

  • Kitchen

    3.0 x 1.8 ft 2nd level

  • Br

    4.2 x 3.66 ft 3rd level

  • Br

    3.66 x 3.66 ft 3rd level

  • Br

    4.3 x 4.5 ft 3rd level

  • Kitchen

    4.5 x 3.66 ft 3rd level

  • Bathroom

    2.13 x 2.13 ft 3rd level

    3 Pc Bath

  • Bathroom

    2.13 x 2.13 ft 3rd level

    3 Pc Bath

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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