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90 Powell Avenue, Ottawa, ON 50 photos

$2,950,000

Active
90 Powell Avenue, Ottawa, ON· Glebe
7+1
Bedrooms
6
Bathrooms
3500-5000
Sq Ft
8 (Detached)
Parking

About this Property

  • The luxurious owner occupied main level unit offers 3+1 bedrooms plus a recreation room and 2+1 bathrooms
  • Unit #2 includes 2 bedrooms and 2 bathrooms with an ensuite and was renovated in 2012
  • A rare triple car garage, and oversized laneway adds significant value for the area

Landmark corner triplex in the heart of the Glebe offering refined owner occupied living with excellent income and potential and over 4,775 sq ft of total living space. The award winning main residence, recipient if the 2019 GOHBA Best Renovation over $500K and featured on the 2023 Glebe Tour of Homes, underwent an extensive renovation and addition in 2017 and 2018 with exceptional craftsmanship and high end finishes throughout. The luxurious owner occupied main level unit offers 3+1 bedrooms plus a recreation room and 2+1 bathrooms. Thoughtfully designed open concept living spaces are paired with outstanding soundproofing for comfort and privacy. Enjoy a wrap around front porch and two private courtyards with low maintenance landscaping and quality exterior finishes that create seamless indoor outdoor living. Two well proportioned income suites with a separate entrance at 641 Lyon St S each feature generous private outdoor areas and dedicated parking. Unit #2 includes 2 bedrooms and 2 bathrooms with an ensuite and was renovated in 2012. Unit #3 offers 2 bedrooms, one of which is a loft-style bedroom ideal for a home office or flexible space, along with 1 bathroom. A rare triple car garage, and oversized laneway adds significant value for the area. Strong net income and potential for future 4th unit in the basement to further enhance the investment profile. A distinguished multi residential opportunity in one of Ottawa's most established and vibrant neighbourhoods. This property is exceptional!

Listed by REVEL REALTY INC. · MLS# X13002770

Features & Details

Property details of 90 Powell Avenue, Ottawa, ON

Property TypeTriplex
Style3-Storey
Size3500-5000 sq ft
BasementPartially Finished
Total Parking8

Mortgage Calculator

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Mortgage Payment$14,492/monthly
Principal54%
Interest46%
Principal Amount$2,360,000
Interest$1,987,739
Total Payable$4,347,739
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$14,492
Mortgage + Expenses$14,492
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$
$
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Monthly Cash Flow-$14,492

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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