179-181 Cathcart Street, Ottawa, Ontario

$1,698,800

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8

Beds

3

Baths

0.08

Acres

About 179-181 Cathcart Street

Turn-key investment property in an ideal location, or live in one unit and rent out the other 2! Walk to embassies, government buildings, shops, trails & the river in a beautiful pocket of Lower Town. This triplex has been extensively renovated/upgraded from top to bottom, absolutely everything is done! Best of all, it brings in almost 100k of annual rent with it's 3 large apartments.Tall ceilings, huge rooms, stunning kitchens, beautiful curb appeal, 2 upstairs balconies and one main floor deck, 2 parking spaces, 3 private entrances, all en-suite laundy, 3 hydro meters. Recently converted from duplex to triplex with city permits. Upstairs is tenanted for $3100, Main floor tenants pay $2950 and basement is vacant (market rent is $2100). Upgrades include: All appliances 2023, Roof 2024, Boiler 2023, heat/AC pumps 2023 and lots more! This one is cash flow positive at today's interest rates and so easy to rent! Over 3100 square feet of finished living space! See floor plans for all rooms. (id:36535)

Features of 179-181 Cathcart Street

Listing # 1415626
Price $1,698,800
Bedrooms 8
Bathrooms 3.00
Acres 0.08
Year Built 1929
Type Single Family
Sub-Type Freehold

Community Information

Address 179-181 Cathcart Street
Subdivision Lower Town
City Ottawa
Province Ontario
Postal Code K1N5C1

Amenities

Parking Spaces 2
Parking Open, Surfaced
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Heat Pump, Radiant heat
Cooling Heat Pump
Fireplace No
# of Stories 2
Has Basement Yes

Exterior

Exterior Brick
Foundation Stone

Listing Details

OfficeCourtesy Of Erica Young Of ROYAL LEPAGE TEAM REALTY

Listing Map