$1,800,000
Available - For Sale
Listing ID: X13242440
314 Somerset Street East , Lower Town - Sandy Hill, K1N 6W3, Ottawa
| Solid six units all brick building. 5-2 bed and 1-1 bed. Fully rented, Tenants have been there for a while. Present Zoning R4U (480) could be changing to CMI (480) H20. Income could be a lot higher. Grossing $107,076, Expenses $35,371, Net $73,705. Most of the windows (17 Windows) replaced 7 years ago. Hot Water Tanks owned. Tenants pay their own Hydro. 3+ parking spots, on site laundry, 4 balconies, corner lot 69' x 62'. Boiler 2010, Roof 8 years old appx. In the heart of Sandy Hill. Very desirable rental market neighbourhood walking distance to Ottawa University. |
| Price | $1,800,000 |
| Taxes: | $12737.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 314 Somerset Street East , Lower Town - Sandy Hill, K1N 6W3, Ottawa |
| Postal Code: | K1N 6W3 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Somerset St. E and Chapel St |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 3520.00 |
| Total Area Code: | Square Feet |
| Management Expense: | 4235 |
| Water Expense: | $4306 |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| COLDWELL BANKER SARAZEN REALTY |
|
|
Imran Gondal
Broker
Dir:
416-828-6614
Bus:
905-270-2000
Fax:
905-270-0047
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Lower Town - Sandy Hill |
| Neighbourhood: | 4004 - Sandy Hill |
| Tax: | $12,737 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
