This property is well located in the heart of downtown Ottawa. 3- 3 Bedrooms Apartments fully rented all above ground , great tenants. All Units have 5 appliances, fridges and stoves and washer and dryer and dishwashers. The units , are fully rented as follow: ( Apt 1 rented at $2048.00 + hydro) and has been served notice effective September 01 rent will increase to $2,099.00+ hydro , ( Apt #2 rented at $2205.00 + hydro) , (Apt #3 rented at $2205.00 plus hydro) . Total yearly rental income for the 3 units ($78,108.00 as of September 01 2025) + 4 parking spaces rented at $150 Monthly or $7200.00 yearly. = Gross Income before expenses $ 85,308.00 Total Expenses $22,332.00 as follow : ( Property Taxes $7800.00, Heat $6000.00, common hydro $561.00, Water $1,768.00, Insurance $5100.00, snow removal $1100.00) . TOTAL NET INCOME after expenses $62,929.00 . Please allow 24 hours on all offers and 24 hour notice for all showings. |
Price | $1,149,900 |
Taxes: | $7820.00 |
Assessment Year: | 2024 |
Occupancy: | Tenant |
Address: | 164 Clarence Stre , Lower Town - Sandy Hill, K1N 5P8, Ottawa |
Directions/Cross Streets: | Clarence between Dalhousie and Cumberland |
Rooms: | 0 |
Bedrooms: | 9 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Full, Unfinished |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 3 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Property Type: | Triplex |
Style: | 3-Storey |
Exterior: | Brick, Stucco (Plaster) |
Garage Type: | None |
(Parking/)Drive: | Available |
Drive Parking Spaces: | 4 |
Park #1 | |
Parking Type: | Available |
Park #2 | |
Parking Type: | Available |
Pool: | None |
Approximatly Square Footage: | 3000-3500 |
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: | Water |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
COLDWELL BANKER SARAZEN REALTY |
|
Book Showing | Email a Friend |
Type: | Freehold - Triplex |
Area: | Ottawa |
Municipality: | Lower Town - Sandy Hill |
Neighbourhood: | 4001 - Lower Town/Byward Market |
Style: | 3-Storey |
Tax: | $7,820 |
Beds: | 9 |
Baths: | 3 |
Fireplace: | N |
Pool: | None |