ADDRESS
Call: 416-800-1055
PROPERTY TYPE
3-Storey, Triplex Property
20 Rooms Total, 5 Kitchens
4 Parking Spaces
LOT SIZE
37.95 x 81.91
PROPERTY FEATURES
Public Transit, School, School Bus Route
Unfinished Basement
Brick Exterior
Book Showing
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SALES HISTORY
04/01/2025
FOR SALE
$1,695,000
PROPERTY TAXES
Call 416-800-1055
PROPERTY DESCRIPTION
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.
LEGAL DESCRIPTION
Lt 4, Pl 102148,Pt Lt 3, Pl 102148, As In N341594; Ottawa
Call: 416-800-1055
BATHROOMS
4-piece on ground level
3-piece on 2nd level
2-piece on ground level
LIVING ROOM
Main Level, 4.60m x 5.20m
DINING ROOM
Main Level, 4.60m x 5.20m
O/Looks Dining
KITCHEN
Main Level, 5.80m x 3.66m
Renovated, B/I Dishwasher, W/O To Sundeck
POWDER ROOM
Main Level, 1.50m x 1.00m
2 Pc Bath
BEDROOM
Main Level, 4.60m x 3.66m
BEDROOM
Main Level, 4.60m x 3.66m
BATHROOM
Main Level, 1.80m x 2.40m
4 Pc Bath
KITCHEN
Main Level, 5.80m x 2.66m
Renovated
PRIM BDRM
2nd Level, 5.18m x 3.66m
W/O To Balcony, W/W Closet
BATHROOM
2nd Level, 3.66m x 3.66m
4 Pc Bath, Soaker
BEDROOM
2nd Level, 3.66m x 3.66m
Murphy Bed
LAUNDRY
2nd Level, 1.80m x 1.80m
Book Showing
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