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232 St Patrick Street Ottawa, Ontario K1N 5K3

2293 sqft

$1,999,000

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:53622)

Property Details

MLS® Number 1379927
Property Type Retail
Neigbourhood BYWARD MARKET
Parking Space Total 3

Building

Constructed Date 1885
Size Interior 2293 Sqft

Land

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