Ottawa Triplex For Sale

Ottawa, Ontario

Luxury triplex built by Blueprint Construction on an oversized lot rarely offered with expansive 1400sq/ft units on each floor. Additional 3 non-conforming studio apartments in the basement built to code. This turnkey newly built multi-family building produces $92,559 net operating income annually. These expansive units with luxury finishes offer a generous 3-bedroom 2-bathroom apartment, all with ample parking. As the real estate cliche goes , a quality rental attracts a quality tenant. Located just minutes from schools, grocery stores, Shopping Centre, restaurants, and public transit. making this an incredible opportunity for any investor looking for a high-earning property with growth potential. (id:50982)

Ottawa, Ontario

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:50982)

Perth, Ontario

The perfect setting to build your dream home – or a smart investment – multi-unit duplex or triplex in the charming, family-friendly community of Perth! This beautiful lot is approximately 60′ x 98.1′ and is ideal for a single-family home or a multi-unit duplex or triplex, with building plans being available. You’re welcome to use your own builder, and if you don’t have one, be sure to ask us about our preferred local experts. This property is located in Perth, Ontario which is a picturesque town nestled along the Tay River, about 80 km southwest of Ottawa. Perth is beautifully preserved with stone buildings, heritage homes and landmarks like the Perth Town Hall and Matheson House which gives the town a timeless feel. The downtown core is walkable and full of boutique shops, cozy cafés, and art galleries. Nature lovers are drawn to Stewart Park, a lush riverside green space perfect for picnics, festivals, or for the vibrant arts scene, with live theatre, music festivals, and community events throughout the year! (id:50982)