164 Clarence St, Ottawa, Ontario K1N 5P8
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.Not available
Price/Sqft$356/sqft
Est. Mortgage$4,938/mo
Tax Amount (2024)$7,820/yr
Days On Market5 days
Total Days On MarketWahi shows you the total number of days a property has been on market, including days it's been off market then re-listed, as long as it's within 30 days of being off market.280 days
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 $2248.00 + hydro) , ( Apt #2 rented at $2205.00 + hydro) , (Apt #3 rented at $2151.00 plus hydro) . Total yearly rental income for the 3 units ($79,248.00 ) + 4 parking spaces rented at $150 Monthly or $7200.00 yearly. = Gross Income before expenses $ 86,448.00 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 $64,116.00 Please allow 24 hours on all offers and 24 hour notice for all showings.
Property Details
Interior
Features
Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 4
Property History
13
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