All ListingsMLS# X12006603

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93-95 Lower Charlotte Street, Ottawa, ON

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$1,595,000

Active

93-95 Lower Charlotte Street, Ottawa, ON· Lower Town

Bedrooms

Bathrooms

3500-5000

Sq Ft

$319–$456

Per Sq Ft

None Parking

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About this Property

93 Lower Charlotte has 2 bedrooms, 1-4pces en-suite and 1-powder room
Since 2003, all systems were updated
00 / $1,695,000) There are 4 legal Parking spaces

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.

Listed by ROYAL LEPAGE TEAM REALTY · MLS# X12006603

About ByWard Market

Downtown Heritage · Avg $500K

The ByWard Market is Ottawa's oldest and most vibrant downtown neighbourhood, a historic district where 19th-century architecture, world-class dining, cultural institutions, and urban condo living converge to create one of Canada's most exciting residential experiences. Founded in 1826 by Lieutenant Colonel John By as a public market, the ByWard Market has evolved over two centuries into a mixed-use destination that draws visitors and residents alike to its cobblestone streets and heritage buildings.

Avg Condo Price$500K

Walk Score98

Restaurants100+

Walk to Parliament5 min

View Full ByWard Market Guide