93-95 Lower Charlotte St
Lower Town, Ottawa
$1,695,000
Buy with Dwelly and Save $16,950
Home Details
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Listing Description
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.
5 - Refrigerators, 3 - Stoves, 1 - Dishwasher, 4 - Microwave hood fans, 1- Washer, 1 - Dryer, 1 - Washer/Dryer Combo, 2 Hot Water Tanks, 2 - Central Air Conditioning systems, all light fixtures and fans presently installed.
City: Ottawa
Neighborhood: Lower Town
Property History
Rooms
Room dimensions for 93-95 Lower Charlotte St, Ottawa
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 93-95 Lower Charlotte St is 9257
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1695000 |
| Down Payment | $339000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1356000 |
Monthly Payment
| Mortgage Payment | $8356 |
| Property Taxes | $901 |
| Maintenance Fees | $0 |
| Monthly Payment | $9257 |
About 93-95 Lower Charlotte St, Ottawa
Located at 93-95 Lower Charlotte St , this Ottawa house is available for sale. This property was listed for $1,695,000 on Fri Mar 07 2025. This house's size is 37.95 x 81.91 Feet. It has 10 bedrooms and 6 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Powder Rm, Br, Br, Bathroom, Kitchen, Primary, Bathroom, Br, Laundry, Br, Br, Br, Bathroom, Kitchen, Br, Br, Br, Kitchen, Bathroom, Bathroom. This property comes with 4 parking spots. 93-95 Lower Charlotte St, Ottawa is situated in the Lower Town neighbourhood.
MLS#: X12006603 · $1,695,000 · 10 bedroom house in Lower Town, Ottawa