Updated triplex in the sought-after neighbourhood of Mechanicsville/Hintonburg. Strong income with significant capital improvements already completed. Ideally located near Tunney's Pasture and within walking distance of the O-Train, Ottawa River Parkway bike path, Westboro Beach, coffee shops, restaurants, parks, and amenities on Wellington Street. Net Income $72,968. Unit 1 ($3300/month) is a two-storey unit offering 3 bedrooms and 2.5 bathrooms. Unit 2 ($2550/month) features 2 bedrooms and 1 bathroom. Unit 3 ($2000/month) is a studio unit. The rear parking area accommodates 3 vehicles. Each unit enjoys a private entrance and dedicated outdoor space. Contact for the full investment package, including income, expenses, inclusions, and capital improvement details. (id:28469)
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Facts & features
Property
MLS® Number
X13696728
Property Type
Multi-family
Neighbourhood
Mechanicsville
Community Name
4201 - Mechanicsville
Parking Space Total
3
Building
Bathroom Total
5
Bedrooms Above Ground
6
Bedrooms Total
6
Appliances
Water Heater
Basement Type
Crawl Space
Cooling Type
Wall Unit
Exterior Finish
Brick, Steel
Foundation Type
Stone
Half Bath Total
1
Heating Fuel
Natural Gas
Heating Type
Heat Pump, Radiant Heat
Stories Total
2
Size Interior
2,000 - 2,500 Sqft
Type
Triplex
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
98 Ft ,6 In
Size Frontage
26 Ft ,8 In
Size Irregular
26.7 X 98.5 Ft
Size Total Text
26.7 X 98.5 Ft
Zoning Description
N4b
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$7,014/mo
Ontario land transfer tax
$28,155 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.