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232 St Patrick Street Ottawa, Ontario K1N 5K3

Central Air Conditioning Forced Air, Hot Water Radiator Heat

$2,200,000

An attractive 6-unit building consisting of 3 commercial spaces & 3 residential units. The beauty salon business is also included as a bonus as the seller/owner is retiring. A viable business since 1979. It has 1,073 SF & market rent of $5000/mth gross. Two other commercial spaces were added at the rear of the salon in 1987 but have been rented as Airbnb. Apt #4 is a fully furnished modern 1 BDRM unit of approx 520 S.F w/6 appliances & market rent of $1800/mth all-inclusive. Apt #5, a modern and bright 2-storey loft style apt, approx 700 SF w/2 floors of windows, 2 skylights, 6 appliances & w/a market rent of $2000/mth all-inclusive. The 3 residential Apts are all 1 Bdrm and 2 have balconies, rented @ $1366/mth w/ a market rent of $1600/mth. There's 1 hot water boiler for the main building & a forced air furnace (2017) for the two rear GRND floor units. The electrical has been upgraded to a 400 amp service. 3 car parking in tandem. With 25% down VTB 1st mortgage at 8%. (id:36465)

Property Details

MLS® Number 1379596
Property Type Multi-family
Neigbourhood BYWARD MARKET
Parking Space Total 3

Building

Constructed Date 1885
Cooling Type Central Air Conditioning
Exterior Finish Brick, Stucco
Foundation Type Block, Stone
Heating Fuel Natural Gas
Heating Type Forced Air, Hot Water Radiator Heat
Stories Total 3
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 100 Ft
Size Frontage 33 Ft
Size Irregular 33 Ft X 100 Ft
Size Total Text 33 Ft X 100 Ft
Zoning Description Md2 S72 Mixed-use

https://www.realtor.ca/real-estate/26777467/232-st-patrick-street-ottawa-byward-market

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