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Afia Afaribea

afia.afaribea@lptrealty.com +1(416) 906-5160

Est. payment | -/mo

3 Beds

4 Baths

Save

Est. payment | -/mo

Save

3 Beds

4 Baths

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 X13886062

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 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. The luxurious 1-bedroom residential suite is located on the back 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

State ON

County Ottawa

Area Ottawa

Rooms

Family Room No

Basement Unfinished, Full

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 Deck, Porch

Parking Features Private

Pool None

View Downtown

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

Listed by RE/MAX HALLMARK REALTY GROUP

Schools and Properties Nearby

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+1(416) 906-5160

afia.afaribea@lptrealty.com

CAN

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381 Cooper ST Ottawa Centre, ON K2P 0G8