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. (id:25961)
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Rooms
| Level | Type | Dimensions |
|---|---|---|
| Bedroom | Second level | 3.66 m x 3.66 m |
| Laundry room | Second level | 1.8 m x 1.8 m |
| Bedroom | Second level | 4.6 m x 3.66 m |
| Bedroom | Second level | 4.6 m x 3.66 m |
| Bedroom | Second level | 3.66 m x 3.66 m |
| Bathroom | Second level | 1.8 m x 1.87 m |
| Kitchen | Second level | 3 m x 1.8 m |
| Primary Bedroom | Second level | 5.18 m x 3.66 m |
| Bathroom | Second level | 3.66 m x 3.66 m |
| Bedroom | Third level | 4.2 m x 3.66 m |
| Bedroom | Third level | 3.66 m x 3.66 m |
| Bedroom | Third level | 4.3 m x 4.5 m |
| Kitchen | Third level | 4.5 m x 3.66 m |
| Bathroom | Third level | 2.13 m x 2.13 m |
| Bathroom | Third level | 2.13 m x 2.13 m |
| Living room | Main level | 4.6 m x 5.2 m |
| Dining room | Main level | 4.6 m x 5.2 m |
| Kitchen | Main level | 5.8 m x 3.66 m |
| Bedroom | Main level | 4.6 m x 3.66 m |
| Bedroom | Main level | 4.6 m x 3.66 m |
| Bathroom | Main level | 1.8 m x 2.4 m |
| Kitchen | Main level | 5.8 m x 2.66 m |
Details
- Amenities Nearby: Public Transit, Schools
- Community Features: School Bus
- Features: Lane, Carpet Free
- Parking Spaces: 4
- Structure: Porch, Patio(s)
- Transaction: For sale
- View: City view
Building
- Appliances: Water Heater, Water meter, Dishwasher, Dryer, Hood Fan, Microwave, Stove, Washer, Refrigerator
- BasementType: N/A (Unfinished)
- Basement Development: Unfinished
- Bedrooms Main Level: 10
- Cooling: Central air conditioning
- Exterior Finish: Brick
- Fireplace Present: False
- Foundation: Stone
- Bathrooms (Half): 1
- Bathrooms (Total): 6
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 3500 - 5000 sqft
- Stories Total: 3
- Type: Triplex
- Utility Water: Municipal water
Land
- Amenities: Public Transit, Schools
- Sewer: Sanitary sewer
- Size Frontage: 38 ft
- Size Irregular: 38 x 81.9 FT
Listing provided by ROYAL LEPAGE TEAM REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 93-95 LOWER CHARLOTTE STREET in Ottawa Ontario. It was last modified on March 7th, 2025. Contact Biju George to schedule a viewing or to discover other Ottawa homes for sale.