K1N8J9 Real Estate

Welcome to the vibrant and thriving neighborhood of K1N8J9 in Ottawa, Ontario, Canada! This zip code is situated in the heart of the bustling city, offering residents a perfect blend of urban convenience and natural beauty.

K1N8J9 is known for its diverse community, with a mix of young professionals, families, and students. The area boasts a variety of housing options, from modern condominiums to charming single-family homes, providing something for everyone.

Residents of K1N8J9 enjoy easy access to a wide range of amenities, including trendy cafes, boutique shops, and delicious restaurants. The neighborhood is also home to beautiful parks and green spaces, perfect for enjoying outdoor activities or simply taking a leisurely stroll.

With its close proximity to downtown Ottawa, K1N8J9 is ideal for those who appreciate the excitement of city living. At the same time, the neighborhood offers a sense of tranquility and community spirit, making it a wonderful place to call home.

Whether you're looking for a bustling urban lifestyle or a peaceful retreat, K1N8J9 has something for everyone. Come and discover all that this vibrant neighborhood has to offer!

$1,595,000

10 Beds ⋅ 6 Baths ⋅ X12006603 MLS® #

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:5764)

93-95 Lower Charlotte Street, Ottawa

Listing courtesy of ROYAL LEPAGE TEAM REALTY.

K1N8J9 Real Estate

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