For Sale: 93-95 Lower Charlotte Street, Ottawa, ON - REW
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$1,595,000
10 bd • 6 ba • 3500 - 4999 sf • Multifamily
93-95 Lower Charlotte Street
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$1,595,000
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93-95 Lower Charlotte StreetOttawa, ON, K1N 8J9

Lowertown
  • 10 Bed
  • 6 Bath
  • 3500 - 4999 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Robert Gagne, Salesperson, ROYAL LEPAGE TEAM REALTY

Home facts and features

Price details
List Price
$1,595,000
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Gross Taxes for 2025
$10,811
Home facts
Bedrooms
10
Full Bathrooms
5
Partial Bathrooms
1
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
81.9 feet
Frontage
38.0 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Unfinished,
Features
Carpet Free, Lane
Appliances
Dishwasher, Dryer, Hood Fan, Microwave, Refrigerator, Stove, Washer, Water Heater, Water meter
Community
Agent details
Primary Agent
Robert Gagne
Primary Broker
ROYAL LEPAGE TEAM REALTY
Listing details
Days on REW
461 Days
Property Views
32
MLS® Number
X12006603
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Property Insights

É Élém C Sainte-Anne
  • Catholic
  • JK - 8
ÉEP De la Salle
  • Public
  • 7 - 8
ÉSP De La Salle
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  • 9 - 12
ÉEP Trille des Bois
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  • JK - 8
ÉEP Le Trillium
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  • JK - 6
York Street Public School
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  • JK - 8
Répit-Transit
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  • JK - 12
St Brigid Elementary School
  • Catholic
  • JK - 6
ÉEP Francojeunesse
  • Public
  • JK - 6
Assumption Catholic Elementary School
  • Catholic
  • JK - 6
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Call Agent
Salesperson
Robert Gagne
Phone:
(613) 296-5251
Office:
613-725-1171
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