164 Clarence ST, Lower Town - Sandy Hill, ON K1N 5P8
164 Clarence ST, Lower Town - Sandy Hill, ON K1N 5P8
164 Clarence ST, Lower Town - Sandy Hill, ON K1N 5P8
164 Clarence ST, Lower Town - Sandy Hill, ON K1N 5P8
164 Clarence ST, Lower Town - Sandy Hill, ON K1N 5P8
164 Clarence ST, Lower Town - Sandy Hill, ON K1N 5P8
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Est.Price: ?

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Est. payment /mo

9 Beds

3 Baths


Key Details

Sold Price -

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 4001 - Lower Town/Byward Market

MLS Listing ID X12179677

Sold Date -

Style 3-Storey

Bedrooms 9

Annual Tax Amount $7,820

Tax Year 2024

Property Sub-Type Triplex

Property Description

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.

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 3

Interior

Interior Features None

Cooling None

Exterior

Parking Features Available

Pool None

Roof Type Unknown

Lot Frontage 26.5

Lot Depth 100.1

Total Parking Spaces 4

Building

Foundation Stone

Others

Senior Community No

ParcelsYN No

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Listed by COLDWELL BANKER SARAZEN REALTY
NEARBY SCHOOLS & BUSINESSES

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