About

FEATURES:

• ALL-BRICK TRIPLEX
• 3 BEDROOM UNIT UPSTAIRS
• 3 BEDROOM UNIT MIDDLE UNIT
• 2 OR 3 BEDROOM UNIT POTENTIAL LOWER UNIT
• DOUBLE GARAGE
• PARKING FOR 4 CARS
• WASHER & DRYER IN LOWER UNIT
• 2 HYDRO METERS   –  1 FOR TOP UNIT,  1 FOR MAIN & LOWER
• PRIVATE FENCED BACKYARD
• NATURAL GAS FURNACE FOR WHOLE BUILDING

AMENITIES:

• BROADVIEW PUBLIC SCHOOL
• NEPEAN HIGH SCHOOL
• NOTRE DAME HIGH SCHOOL
• WALKING DISTANCE TO WESTBORO VILLAGE RESTAURANTS AND CAFES
• 2 BLOCKS TO CLARE GARDENS PARK
• HAMPTON PARK NEARBY
• DOVERCOURT REC CENTER
• SHOPPING & TRANSIT NEARBY

 DETAILS:

• FURNACE – 2008
• AC – CENTRAL
• ROOF   –  OLD
• TAXES – $8349 APPROX IN 2021
• APPLIANCES –  3 FRIDGES, 3 STOVES, 1 WASHER, 1 DRYER
• PARKING FOR EACH UNIT

PROJECTED RENTAL INCOME (AFTER RENOVATIONS):

• CURRENTLY OWNER OCCUPIED
• IF RENOVATED (PROJECTED):
  • $2800 FOR 3 BEDROOM TOP FLOOR
  • $2800  FOR 3 BEDROOM MAIN FLOOR
  • $2200  FOR 2-3 BEDROOM LOWER LEVEL

• TOTAL INCOME (PROJECTED):
  • MONTHLY   –   $7800
  • ANNUAL     –   $93,600

• EXPENSES (ANNUAL):
  • PROPERTY TAX  –  $8349
  • INSURANCE        –   $3474
  • HEAT (GAS)         –   $2035
  • HYDRO                  –  $3580
  • TOTAL                   –  $17,438

• NET INCOME  (PROJECTED)  –  $76,162
  

TONS OF POTENTIAL in this LARGE TRIPLEX in WESTBORO!

Excellent investment property in the hottest area of Ottawa.    Ready for your vision and design.   Very spacious units offer potential for increased revenue & value.   Top floor is currently 3 bedrooms.   Main floor is currently 3 bedrooms.    Lower level has very high ceilings, with potential for 2 or 3 bedrooms.

EACH FLOOR  =  1270 SQ. FT. APPROXIMATELY

TOTAL FLOOR SPACE  –  3810  SQ. FT.  APPROX.

Building exterior envelope:  31′ WIDTH   X  45’6  DEPTH

Building interior size:   29′  WIDTH   X  42′ DEPTH 

Contact Chris for more info, and to book a showing.

CHRIS STEEVES

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