76 days on Market

179-181 CATHCART St, Ottawa, Ontario K1N 5C1

Detached
6 + 2
3
- sqft
$1,698,800
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Detached
6 + 2
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$7,296/mo

Tax Amount (2024)$7,708/yr

Days On Market76 days


Description

Turn-key investment property in an ideal location, or live in one unit and rent out the other 2! Walk to embassies, government buildings, shops, trails & the river in a beautiful pocket of Lower Town. This triplex has been extensively renovated/upgraded from top to bottom, absolutely everything is done! Best of all, it brings in almost 100k of annual rent with it's 3 large apartments.Tall ceilings, huge rooms, stunning kitchens, beautiful curb appeal, 2 upstairs balconies and one main floor deck, 2 parking spaces, 3 private entrances, all en-suite laundy, 3 hydro meters. Recently converted from duplex to triplex with city permits. Upstairs is tenanted for $3100, Main floor tenants pay $2950 and basement is vacant (market rent is $2100). Upgrades include: All appliances 2023, Roof 2024, Boiler 2023, heat/AC pumps 2023 and lots more! This one is cash flow positive at today's interest rates and so easy to rent! Over 3100 square feet of finished living space! See floor plans for all rooms.


Property Details

Style2 Storey
View-
Age of property1929
SqFt-
Lot Size303 SqM(30.18 x 10.06)
Parking Spaces2
MLS ®Number1415626
Community NameByward Market
Data SourceOREB
Listing byROYAL LEPAGE TEAM REALTY

Features

Heating: Heat Pump,Radiant
Cooling: Heat Pump
Basement: Full, Fully Finished

Main Floor

Living/Dining

15'8" x 19'4"

Bedroom

17'9" x 11'4"

Bedroom

17'9" x 10'2"

Bedroom

11'4" x 12'4"


Features

Lot size: 303 SqM

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by ROYAL LEPAGE TEAM REALTY, Brokerage

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Population and Demographics

Overview

Total population 4633
Average household income $124,351

Age (%)

20 to 34
38%
35 to 49
19%
50 to 64
17%
65 and plus
15%
0 to 19
11%

Household composition (%)

Single person
57%
Single family
33%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
56%
French
25%
Mandarin
4%
Arabic
4%
Others
3%
Spanish
3%
English and French
2%

House tenancy (%)

Renters
69%
Owners
31%

Schools and amenities

Estimated Budget