Lower Town - Sandy Hill, ON K1N 5P7,165 CLARENCE ST

$940,000

Est. payment /mo

$999,900

6.0%
Est.Price: ?

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165 CLARENCE ST Lower Town - Sandy Hill, ON K1N 5P7

SOLD DATE : 09/01/2023

Key Details

Sold Price $940,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision 4001 - Lower Town/Byward Market

MLS Listing ID X9472344

Sold Date 09/01/23

Annual Tax Amount $6,245

Tax Year 2022

Property Sub-Type Duplex

Property Description

Flooring: Tile, Flooring: Softwood, Attention investors! Welcome to this solid, Victorian style multi-family property - centrally located within steps of
the historic Byward Market. This solid red brick structure consists of a duplex plus a third non-conforming unit with
fantastic income. The main dwelling is a multi-level, 2-bedroom charmingly updated and well kept unit with loft
(rented at $2,750/month). The second unit is a fully renovated, spacious 1-bedroom with high ceilings and plenty
of natural light (rented at $1,850/month with parking). Completed with a third, fully furnished 1-bedroom unit
with gleaming hardwood and stainless steel appliances (rented at $2,200/month). Great, professional tenants!
This is perfect for a first time investor or a seasoned investor looking to build their portfolio with a well-kept and
managed building in a great location. R4UD zoning. NOI of $71,156. Cap rate of 7.1%, Flooring: Laminate

Location

Province ON

County Ottawa

Community 4001 - Lower Town/Byward Market

Area Ottawa

Zoning R4UD

Rooms

Basement Crawl Space, Unfinished

Interior

Interior Features Water Heater Owned

Cooling Central Air

Exterior

Lot Frontage 33.0

Lot Depth 103.83

Total Parking Spaces 1

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Listed by RE/MAX HALLMARK REALTY GROUP
agent

Richard Rutkowski

License Partner | Broker of Record | License ID: HBRUTKORI

+1(905) 876-6660

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