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$ 1,698,800
Est. payment /mo
Active
179-181 CATHCART ST Ottawa, ON K1N 5C1
8 Beds
3 Baths
UPDATED:
Key Details
Property Type Other Types
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1415626
Style Detached
Bedrooms 8
Year Built 1929
Annual Tax Amount $7,708
Tax Year 2024
Property Sub-Type Residential
Property 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.
Location
Province ON
Rooms
Basement Full
Interior
Heating Natural Gas
Flooring Hardwood, Tile
Exterior
Parking Features Open, Surfaced
Building
Dwelling Type 2 Storey
Foundation Stone
Sewer Sewer Connected
Water Municipal
Structure Type Brick
Listed by ROYAL LEPAGE TEAM REALTY