Builder and developer opportunity in the heart of West Centretown. 141 Percy St is a CM1-zoned brick duplex on a 272 sq m (50x58 ft) lot offering many permitted mixed-use/commercial uses, steps from Somerset West, Little Italy, and the Gladstone commercial corridor. Existing property (1,476 sq ft above grade / 4 bed / 2 bath / 2 kitchens across two self-contained units) generates holding income while you plan: market rents support $1,900-2,100/unit plus $170+/space/month on 4 private drive spaces ($8,160+/yr parking). Offered by the Estate at $869,900 - as-is, where-is, vacant possession, probate complete, flexible closing. 24-hour irrevocable on all offers. (id:28469)
Business
Business Type
Residential
Business Sub Type
Apartments
Facts & features
Property
MLS® Number
X13662066
Property Type
Multi-family
Neighbourhood
Chinatown
Community Name
4103 - Ottawa Centre
Amenities Near By
Public Transit
Equipment Type
Water Heater
Parking Space Total
4
Rental Equipment Type
Water Heater
Building
Bathroom Total
2
Appliances
Dryer, Furniture, Washer
Cooling Type
None
Heating Fuel
Natural Gas
Heating Type
Forced Air, Hot Water Radiator Heat
Size Exterior
1476 Sqft
Size Interior
1,476 Sqft
Type
Multi-family
Utility Water
Municipal Water
Land
Acreage
No
Land Amenities
Public Transit
Size Depth
58 Ft
Size Frontage
50 Ft
Size Irregular
Bldg=50 X 58 Ft
Size Total Text
Bldg=50 X 58 Ft
Zoning Description
Cm1
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
$3,852/mo
Ontario land transfer tax
$13,873 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.