Gaurang Shah, Sales Representative

$1,229,900

Available - For Sale

Listing ID: X12116627

383 Main Stre , Glebe - Ottawa East and Area, K1S 1E2, Ottawa

This triplex, an excellent investment opportunity, is centrally located in the Rideau Gardens/Ottawa East area. The property features 3 spacious & extensively renovated 2 bedroom units. Its prime location offers easy access to the Flora Footbridge, Glebe & Lansdowne. Residents will also appreciate the proximity to the scenic trail networks along the Canal and Rideau River, as well as the diverse shops, restaurants, and amenities on Main Street. The three units, renovated between 2020-2022, feature a similar layout and uniform finishes. They include a large formal living room, a separate dining room, a well-equipped kitchen with stainless steel appliances (stove, refrigerator, dishwasher, and hood fan), a 4-piece bathroom, two generously sized bedrooms, and the convenience of an in-unit stacked washer and dryer. Rent: Unit #1-$2,295/month, Unit #2-$2,148.40/month, Unit #3-$2,299/month. 4 separate hydro meters. The building is heated via natural gas boiler with radiators in each unit. Three parking spots at the back of the building. Windows 2020-2022. Retaining Wall 2022. Electrical updated 2020-2022. Flat roof 2021.

Price	$1,229,900
Taxes:	$7712.00
Assessment Year:	2024
Occupancy:	Tenant
Address:	383 Main Stre , Glebe - Ottawa East and Area, K1S 1E2, Ottawa
Directions/Cross Streets:	Main St. & Riverdale Ave.

Rooms:	15
Bedrooms:	6
Bedrooms +:	0
Family Room:	F
Basement:	Unfinished

Level/Floor

Room

Length(ft)

Width(ft)

Descriptions

Room 1

Main

Living Ro

15.74

11.68

Room 2

Main

Dining Ro

13.12

10.99

Room 3

Main

Kitchen

8.92

7.48

Room 4

Main

Primary B

12.96

11.02

Room 5

Main

Bedroom 2

10.14

9.41

Room 6

Main

Bathroom

6.49

4.85

4 Pc Bath

Room 7

Second

Living Ro

16.01

11.81

Room 8

Second

Dining Ro

14.73

11.18

Room 9

Second

Kitchen

9.05

7.45

Room 10

Second

Primary B

13.22

11.22

Room 11

Second

Bedroom 2

10.14

9.61

Room 12

Second

Bathroom

6.4

4.92

4 Pc Bath

Room 13

Third

Living Ro

16.3

11.81

Room 14

Third

Dining Ro

13.15

11.25

Room 15

Third

Kitchen

8.92

7.35

Washroom Type

No. of Pieces

Level

Washroom Type 1

Main

Washroom Type 2

Second

Washroom Type 3

Third

Washroom Type 4

Washroom Type 5

Total Area:

0.00

Property Type:	Triplex
Style:	3-Storey
Exterior:	Brick
Garage Type:	None
Drive Parking Spaces:	3
Pool:	None
Other Structures:	Shed
Approximatly Square Footage:	2000-2500

CAC Included:	N
Water Included:	N
Cabel TV Included:	N
Common Elements Included:	N
Heat Included:	N
Parking Included:	N
Condo Tax Included:	N
Building Insurance Included:	N
Fireplace/Stove:	N
Heat Type:	Other
Central Air Conditioning:	None
Central Vac:	N
Laundry Level:	Syste
Ensuite Laundry:	F
Elevator Lift:	False
Sewers:	Sewer

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Amortization:

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GDS:

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Percent Down:
Down Payment	$61,495	$122,990	$184,485	$245,980
First Mortgage	$1,168,405	$1,106,910	$1,045,415	$983,920
CMHC/GE	$46,736.2	$34,314.21	$29,271.62	$0
Total Financing	$1,215,141.2	$1,141,224.21	$1,074,686.62	$983,920
Monthly P&I	$5,996.5	$5,631.74	$5,303.38	$4,855.47
Expenses	$0	$0	$0	$0
Total Payment	$5,996.5	$5,631.74	$5,303.38	$4,855.47
Income Required	$224,868.83	$211,190.07	$198,876.91	$182,080.02

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Disclosure Statement

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.

ROYAL LEPAGE TEAM REALTY

Listing -1 of 0

Gaurang Shah

Licenced Realtor

Dir:

416-841-0587

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905-458-7979

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905-458-1220

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At a Glance:

Type:	Freehold - Triplex
Area:	Ottawa
Municipality:	Glebe - Ottawa East and Area
Neighbourhood:	4405 - Ottawa East
Style:	3-Storey
Lot Size:	x 95.00(Feet)
Approximate Age:
Tax:	$7,712
Maintenance Fee:	$0
Beds:	6
Baths:	3
Garage:	0
Fireplace:	N
Air Conditioning:
Pool:	None

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