Multi-unit
$979,000
158 St Andrew Street
Lower Town/Byward Market, Ottawa
- 6 bd
- 3 ba
- Triplex
1 / 24
$4,199,000
Lower Town/Byward Market, Ottawa, ON K1N5E3 · MLS® X13700314
Well, maintain a solid 15-unit building, which includes 6-2 bedrooms, 8-1 bedrooms, and 1 bachelor apartment.. Many updates have been completed in most of the units in 2010 years including bathrooms and kitchen. The roof was redone in 2008, All units are above ground with 8 covered parking and 4 surface parking spaces. in the Mortgage Details: CMCH 1st Mortgage /new first mortgage June 01, 2026 amount $3,083,000.00 40 year amortization, 10 year term , rate 4.3% due in 2036 June ( principal payments $2,388.53, Interest Payments $ 10,989.47 ) gross Income yearly $303,040.00 , total expenses $94,230 including vacancies , management taxes insurance, utilities maintenance $94,230 ,00 Net income $207,014.00 (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.
Listed by Coldwell Banker Sarazen Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.