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:50024)
| MLS® Number | 1379927 |
| Property Type | Retail |
| Neigbourhood | BYWARD MARKET |
| Parking Space Total | 3 |
| Constructed Date | 1885 |
| Size Interior | 2293 Sqft |
| Acreage | No |
| 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/26777716/232-st-patrick-street-ottawa-byward-market
Contact us for more information
Jack Marsala
Broker
(613) 563-1155
(613) 563-8710
www.hallmarkottawa.com
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3101 Strandherd Drive Unit #4
Nepean, ON K2J 4R9
(613) 447-6660
