331 Flora Street, Ottawa Centre, ON K1R 5S1

$1,325,000
5
BD
3
BA
2,000
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,325,000
MLS#
X13722170
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
3-Storey
Bedrooms
5
Bathrooms
3
Living Area
2000-2500
Province
ON
Municipality
Ottawa Centre
Area
Ottawa
Neighborhood
4103 - Ottawa Centre
Subdivision
Bronson

Property Description

This turn-key fully tenanted triplex sits in the heart of Ottawa Centre, with two spacious 2-bedroom units and one 1-bedroom unit, each finished with hardwood floors throughout and good in-unit storage. A newer boiler system anchors the mechanicals, and separate meters mean each tenant covers their own hydro and gas. Combined rents bring in $6,404.61 a month, or $76,855.32 a year, with parking for three vehicles at the rear included as part of rent. Annual operating expenses $16,334. Flora Street is steps from direct transit to Carleton University, minutes from downtown and the Elgin Street strip, with easy access to the 417. This stretch of Centretown stays consistently rented. Laundry and utility with inside access. 24 hour irrevocable required on all offers, with Schedule B to accompany.

Additional Information

Taxes
$8,123
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Kitchens
3
Exterior
Brick
Waterfront Type
None
Garage Type
None
Pool
None
Parking Spaces
3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of ROYAL LEPAGE TEAM REALTY.