$1,595,000
Available - For Sale
Listing ID: X12006603
93-95 Lower Charlotte Street , Lower Town - Sandy Hill, K1N 8J9, 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. |
| Price | $1,595,000 |
| Taxes: | $10810.50 |
| Assessment Year: | 2025 |
| Occupancy: | Owner+T |
| Address: | 93-95 Lower Charlotte Street , Lower Town - Sandy Hill, K1N 8J9, Ottawa |
| Directions/Cross Streets: | Cobourg Street |
| Rooms: | 20 |
| Bedrooms: | 10 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 15.09 | 17.06 | Carpet Free |
| Room 2 | Main | Dining Ro | 15.09 | 17.06 | Overlooks Dining, Carpet Free |
| Room 3 | Main | Kitchen | 19.02 | 12 | Renovated, B/I Dishwasher, W/O To Sundeck |
| Room 4 | Main | Powder Ro | 4.92 | 3.28 | 2 Pc Bath |
| Room 5 | Main | Bedroom | 15.09 | 12 | |
| Room 6 | Main | Bedroom | 15.09 | 12 | |
| Room 7 | Main | Bathroom | 5.9 | 7.87 | 4 Pc Bath |
| Room 8 | Main | Kitchen | 19.02 | 8.72 | Renovated |
| Room 9 | Second | Primary B | 16.99 | 12 | W/O To Balcony, W/W Closet |
| Room 10 | Second | Bathroom | 12 | 12 | 4 Pc Bath, Soaking Tub |
| Room 11 | Second | Bedroom | 12 | 12 | Murphy Bed |
| Room 12 | Second | Laundry | 5.9 | 5.9 | |
| Room 13 | Second | Bedroom | 15.09 | 12 | |
| Room 14 | Second | Bedroom | 15.09 | 12 | |
| Room 15 | Second | Bedroom | 12 | 12 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Ground |
| Washroom Type 2 | 3 | Second |
| Washroom Type 3 | 2 | Ground |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Ground |
| Washroom Type 7 | 3 | Second |
| Washroom Type 8 | 2 | Ground |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 4 | Ground |
| Washroom Type 12 | 3 | Second |
| Washroom Type 13 | 2 | Ground |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 4 | Ground |
| Washroom Type 17 | 3 | Second |
| Washroom Type 18 | 2 | Ground |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 4 | Ground |
| Washroom Type 22 | 3 | Second |
| Washroom Type 23 | 2 | Ground |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 |
| Total Area: | 0.00 |
| Property Type: | Triplex |
| Style: | 3-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Front Yard |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Front Yard |
| Park #2 | |
| Parking Type: | Front Yard |
| Park #3 | |
| Parking Type: | Lane |
| Pool: | None |
| Approximatly Square Footage: | 3500-5000 |
| Property Features: | Public Trans, School |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
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| ROYAL LEPAGE TEAM REALTY |
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Gaurang Shah
Licenced Realtor
Dir:
416-841-0587
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905-458-1123
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Ottawa |
| Municipality: | Lower Town - Sandy Hill |
| Neighbourhood: | 4002 - Lower Town |
| Style: | 3-Storey |
| Tax: | $10,810.5 |
| Beds: | 10 |
| Baths: | 6 |
| Fireplace: | N |
| Pool: | None |
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