Key Facts
- MLS® #: X12006603
- Property ID: SIRC3283762
- Property Type: Residential, Triplex
- Lot Size: 3,108.48 sq.ft.
- Bedrooms: 10
- Bathrooms: 6
- Parking Spaces: 4
- Listed By:
- ROYAL LEPAGE TEAM REALTY
Property 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.
Rooms
- TypeLevelDimensionsFlooring
- Living roomMain17' 7.2" x 15' 11"Other
- Dining roomMain17' 7.2" x 15' 11"Other
- KitchenMain12' 9.4" x 19' 3.4"Other
- Powder RoomMain3' 3.3" x 4' 11"Other
- BedroomMain12' 9.4" x 15' 11"Other
- BedroomMain12' 9.4" x 15' 11"Other
- BathroomMain7' 10.4" x 5' 10.8"Other
- KitchenMain8' 8.7" x 19' 3.4"Other
- Other2nd floor12' 9.4" x 16' 11.9"Other
- Bathroom2nd floor12' 9.4" x 12' 9.4"Other
- Bedroom2nd floor12' 9.4" x 12' 9.4"Other
- Laundry room2nd floor5' 10.8" x 5' 10.8"Other
- Bedroom2nd floor12' 9.4" x 15' 11"Other
- Bedroom2nd floor12' 9.4" x 15' 11"Other
- Bedroom2nd floor12' 9.4" x 12' 9.4"Other
- Bathroom2nd floor6' 1.6" x 5' 10.8"Other
- Kitchen2nd floor5' 10.8" x 9' 10.1"Other
- Bedroom3rd floor12' 9.4" x 13' 9.3"Other
- Bedroom3rd floor12' 9.4" x 12' 9.4"Other
- Bedroom3rd floor14' 9.1" x 14' 1.2"Other
- Kitchen3rd floor12' 9.4" x 14' 9.1"Other
- Bathroom3rd floor6' 11.8" x 6' 11.8"Other
- Bathroom3rd floor6' 11.8" x 6' 11.8"Other
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Location
93-95 Lower Charlotte St, Ottawa, Ontario, K1N 8J9 Canada
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