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Home ON Ottawa - Gatineau Ottawa Byward Market
179-181 CATHCART STREET
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179-181 CATHCART STREET $1,698,800
$1,698,800
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179-181 CATHCART STREET
Ottawa, Ontario K1N5C1

MLS® Number: 1415353

Listing Description

Turn-key investment property in an ideal location, steps to embassies, government buildings, trails, shops and the river in a beautiful pocket of Lower Town. This triplex has been extensively renovated and upgraded from top to bottom, absolutely everything is done! Best of all, it brings in almost 100k of annual rent with it's 3 large apartments. Tall ceilings, huge rooms, stunning kitchens, beautiful curb appeal, two upstairs balconies and one main floor deck, 2 parking spaces, 3 separate private entrances, all en-suite laundy, 3 hydro meters. Recently converted from duplex to triplex with the city. Upstairs is tenanted for $3100, Main floor tenants pay $2950 and basement is vacant (market rent is $2100). Upgrades include: All appliances 2023, Roof 2024, Boiler 2023, heat/AC pumps 2023 and lots more! This one is cash flow positive with today's interest rates and so easy to rent! (28926417)

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Neighbourhood Name
Lower Town
Land Size
33 ft X 99 ft
Built in
1929
Annual Property Taxes
$7,708
Parking Type
Open, Surfaced
Time on REALTOR.ca
45 days

Building

Interior Features
Flooring
Hardwood, Tile
Basement Type
Full (Finished)
Building Features
Foundation Type
Stone
Style
Attached
Total Units
3
Heating & Cooling
Cooling
Heat Pump
Heating Type
Heat Pump (Natural gas), Radiant heat
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
Open, Surfaced
Total Parking Spaces
2

Land

Lot Features
Frontage
33 ft
Land Depth
99 ft
Present Use
Development residential
Other Property Information
Easements
Right of way
Zoning Description
Residential
Lease Type
Other, See Remarks
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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