HomesSoldDaley.com – Ottawa Real Estate – Bob Daley

(613) 236-9551
1-888-335-6565

383 Main Street (Rideau Gardens) $799,900

Exclusive Listing

This solid, purpose-built brick triplex is located in central Ottawa a short stroll to the Ottawa River and minutes away from the Rideau Canal and the downtown core.

Ideal for owner occupancy or great as an investment, this well constructed building features three identical and generous sized units, each offering:

  • strip hardwood flooring
  • spacious living room (15.04 x 11.05)
  • separate dining room (12.09 x 10.11)
  • two bedrooms (single closets)
  • four-piece bathroom
  • crown mouldings
  • original doors and trim
  • a rectangular-shaped kitchen with room for a small table and two chairs
  • four hydro meters
  • NOTE: Identical building at 385 Main Street also for sale. Land Assembly Potential (see Listing Agent).

Each unit has access to a rear enclosed staircase that leads to a common basement which includes shared laundry area, and generous lockers (one per unit). The stairwell also leads to the rear parking area (one surface parking space per unit).

Upgrades include:

  • Unit 2 has been updated (kitchen and bathroom)
  • brick repointing (2018)
  • high efficiency boiler (2016)
  • fire retrofit (apx. $20,000 in 2009)
  • tar & gravel roof redone (apx 2005)
  • newer vinyl windows

Rideau Gardens is one of Ottawa’s most sought-after central neighbourhoods, this property is a short walk to the parks and nature pathways that follow the Rideau River, and a few blocks from the Rideau Canal.

Excellent shopping and restaurants, cafes and specialty stores are located a short distance away on Bank Street in Old Ottawa South. 385 Main is a short distance to good schools, including three universities, Centretown and the Glebe, major and public transportation routes (including the 417), recreation facilities, and hospitals.

LOT SIZE: 40.00 feet x 95.00 feet

TAXES: $6811 (2017)

YEAR BUILT: 1951 (apx)

HEATING: Hot Water Natural Gas

RENTAL EQUIPMENT: 1 Hot Water Tank

PARKING: Three(+) Surface Spaces at rear of building

INCLUDES: 3 Fridges, 3 Stoves, 1 Washer, 1 Dryer, 2 Hot Water Tanks

RENTAL INCOME*:

Unit 1: $1090/month including hydro (month-to-month)
Unit 2: $967/month + hydro (month-to-month)
Unit 3: $1170/month + hydro (month-to-month)

*rental amounts are well under market value

ANNUAL EXPENSES:

Gas Heat: $1820
Water/Sewer: $1898
Common Hydro: $2241

POSSESSION: Flexible; to be arranged (as per tenancy)

 


Agent Information

Robert Daley
Robert Daley
Sales Representative
  • Office: (613) 236-9551
  • Toll-free: 1-888-335-6565
  • Fax: (613) 236-2692