179-181 Cathcart Street Ottawa, Ontario K1N 5C1

8 Bedroom 3 Bathroom
Heat Pump Heat Pump, Radiant Heat

$1,698,800

Turn-key investment property in an ideal location, or live in one unit and rent out the other 2! Walk to embassies, government buildings, shops, trails & the river in a beautiful pocket of Lower Town. This triplex has been extensively renovated/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, 2 upstairs balconies and one main floor deck, 2 parking spaces, 3 private entrances, all en-suite laundy, 3 hydro meters. Recently converted from duplex to triplex with city permits. 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 at today's interest rates and so easy to rent! Over 3100 square feet of finished living space! See floor plans for all rooms. (id:37553)

Property Details

MLS® Number 1415626
Property Type Single Family
Neigbourhood Lower Town
Easement Right Of Way
Parking Space Total 2

Building

Bathroom Total 3
Bedrooms Above Ground 6
Bedrooms Below Ground 2
Bedrooms Total 8
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1929
Construction Style Attachment Detached
Cooling Type Heat Pump
Exterior Finish Brick
Flooring Type Hardwood, Tile
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Heat Pump, Radiant Heat
Stories Total 2
Type House
Utility Water Municipal Water

Parking

Open
Surfaced

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 99 Ft
Size Frontage 33 Ft
Size Irregular 33 Ft X 99 Ft
Size Total Text 33 Ft X 99 Ft
Zoning Description Residential

Rooms

Level Type Dimensions
Main Level Living Room/dining Room 15'8" x 19'4"
Main Level Bedroom 17'9" x 11'4"
Main Level Bedroom 17'9" x 10'2"
Main Level Bedroom 11'4" x 12'4"
Main Level Kitchen 16'2" x 9'8"

https://www.realtor.ca/real-estate/27517972/179-181-cathcart-street-ottawa-lower-town