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$1,325,000

Active
331 Flora Street, Ottawa, ON· Ottawa Centre
5
Bedrooms
3
Bathrooms
2000-2500
Sq Ft
$530–$663
Per Sq Ft
3
None Parking

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About this Property

  • 32 a year, with parking for three vehicles at the rear included as part of rent

This turn-key fully tenanted triplex sits in the heart of Ottawa Centre, with two spacious 2-bedroom units and one 1-bedroom unit, each finished with hardwood floors throughout and good in-unit storage. A newer boiler system anchors the mechanicals, and separate meters mean each tenant covers their own hydro and gas. Combined rents bring in $6,404.61 a month, or $76,855.32 a year, with parking for three vehicles at the rear included as part of rent. Annual operating expenses $16,334. Flora Street is steps from direct transit to Carleton University, minutes from downtown and the Elgin Street strip, with easy access to the 417. This stretch of Centretown stays consistently rented. Laundry and utility with inside access. 24 hour irrevocable required on all offers, with Schedule B to accompany.

Listed by ROYAL LEPAGE TEAM REALTY · MLS# X13722170

Features & Details

Property details of 331 Flora Street, Ottawa, ON

Property TypeTriplex
Style3-Storey
Size2000-2500 sq ft
BasementPartially Finished
Total Parking3

Location

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Mortgage Calculator

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%
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Mortgage Payment$6,509/monthly
Principal54%
Interest46%
Principal Amount$1,060,000
Interest$892,798
Total Payable$1,952,798
Amortization25 years

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

Cash Flow Analysis

Mortgage payment$6,509
Mortgage + Expenses$6,509
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$
$
$
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Monthly Cash Flow-$6,509

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

5.0 · 70+ Google reviews
+1 (613) 804-9117ak@realtorakash.ca
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

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

$1,325,000

331 Flora Street, Ottawa, ON