ON > Lower Town - Sandy Hill > 4001 - Lower Town-Byward Market
Lower Town - Sandy Hill, ON K1N 5P8,164 Clarence ST
Lower Town - Sandy Hill, ON K1N 5P8,164 Clarence ST
Lower Town - Sandy Hill, ON K1N 5P8,164 Clarence ST
Lower Town - Sandy Hill, ON K1N 5P8,164 Clarence ST
Lower Town - Sandy Hill, ON K1N 5P8,164 Clarence ST
Lower Town - Sandy Hill, ON K1N 5P8,164 Clarence ST
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Fawad Nissari

Fawad Nissari

+1(416) 878-1085
$ 1,149,900
Est. payment | /mo

9 Beds

3 Baths

Save
$ 1,149,900
Est. payment | /mo
Save

9 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 4001 - Lower Town/Byward Market

MLS Listing ID X12179677

Style 3-Storey

Bedrooms 9

Annual Tax Amount $7,820

Tax Year 2024

Property Sub-Type Triplex

Property 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 $2048.00 + hydro) and has been served notice effective September 01 rent will increase to $2,099.00+ hydro , ( Apt #2 rented at $2205.00 + hydro) , (Apt #3 rented at $2205.00 plus hydro) . Total yearly rental income for the 3 units ($78,108.00 as of September 01 2025) + 4 parking spaces rented at $150 Monthly or $7200.00 yearly. = Gross Income before expenses $ 85,308.00 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 $62,929.00 . Please allow 24 hours on all offers and 24 hour notice for all showings.

Location

Province ON

County Ottawa

Community 4001 - Lower Town/Byward Market

Area Ottawa

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 3

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Available

Pool None

Roof Type Unknown

Lot Frontage 26.5

Lot Depth 100.1

Total Parking Spaces 4

Building

Foundation Stone

Listed by COLDWELL BANKER SARAZEN REALTY
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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