view of front of property with a balcony and brick siding Features: electric meter, balcony More Photos

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    For Sale - 93-95 Lower Charlotte Street, Lower Town - Sandy Hill, Ontario

    Est payment $7,659/mo
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    Views   1
    Time on Jump  196 day

    AI Summary *

    • Triplex built in 1907, fully updated with modern systems since 2003.
    • Features five new bathrooms and three full kitchens for convenience.
    • Private rooftop deck with BBQ and multiple outdoor spaces for relaxation.
    • Legal non-conforming triplex with strong rental income of $100,800 annually.
    • Includes four legal parking spaces, adding value and convenience.




    Welcome to 93-95 lower charlotte, built around 1907. Since 2003, all systems were updated... Electricity: 100 amp service to 300 amp ... Plumbing: lead pipes and cast iron to copper and abs... Remove most lath and plaster and installed insulation and sheetrock (5/8), replaced flooring with hardwood, laminate, vinyl or ceramic throughout. Built 5 new bathrooms and 1 powder room. Installed 3 full kitchens. The back and side bricks were replaced by vinyl siding and hardy-board. The front bricks and wooden entrance was replaced by new bricks and concrete stairs and landing. A rooftop deck, second floor balcony and a deck off of the 93 kitchen. 93-95 lower charlotte is a legal non-conforming triplex... 93 lower charlotte has 2 bedrooms, 1-4pces en-suite and 1-powder room. Approx. 1,400 sq. Ft. The main floor has living/dining area, powder room, renovated kitchen with access to large private deck. The second floor has a master bedroom with access to balcony, walk-in closet and 4-pces ensuite, laundry room and a second bedroom with a murphy bed. 95 lower charlotte has 2 bedrooms, a 4-pces bathroom and a kitchen on the main floor. On the second floor, there are 3 bedrooms, a 4-pces bathroom and a kitchenette with access to the front balcony. The third, located on third floor of 93-95 has private access from the back entrance. This unit 3 bedrooms, 2 3-peices bathrooms and a kitchen/living area. This unit has exclusive use of the roof-top deck with bbq. Total expenses: taxes - $11,699. 00, wifi - $1,573, hydro - $2,690. 00, water - $1,713. 43, gas - $3,656. 70 , insurance: $5243. 00 total operating expenses is: $26,575. 00. Rental revenues: unit -1 at 93 : $2600 mth, unit -2 at 95 : $3450. 00, unit - at 93-95 : $2350. Total rental income: $8,400 * 12 = $100,800. 00 ( rent includes all utilities) net operating income (noi) is $74,225. 00. Capitalization rate is : 4. 4 ($74,225. 00 / $1,695,000) there are 4 legal parking spaces.
    Listing IDX12006603
    Address93-95 Lower Charlotte Street
    CityLower Town - Sandy Hill, Ontario
    Price$1,595,000
    Bed / Bath10 / 6 Full
    Style3-Storey, Triplex
    ConstructionBrick
    Land Size3280
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Carpet Free, Storage, Water Heater Owned, Water MeterOutdoor Features Porch, PatioAmenities Public Transit, School, School Bus RouteOwnership FreeholdViews CityBasement UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
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    Listing Agency:  ROYAL LEPAGE TEAM REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    93-95 Lower Charlotte Street
    Lower Town - Sandy Hill , Ontario
    10 6 $1,595,000
    Get more info