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$2,275,000
Ottawa
10 Chestnut Street, Ottawa, Ontario, K1S0Z8
This multi-family property in Ottawa is for sale offering roughly 3,250 sq ft of space. It has been on the market 23 days, fresher than the Ottawa average of 62 days.
Welcome to 10 Chestnut Street, a unique blend of location and up-scale styling. Set in one of Old Ottawa East's more desirable locations, this thoughtful and modern 4 plex is nestled in a tranquil downtown neighbourhood. As well, it offers immediate access to the 417 (East & West bound), walking distance to Lee's ave LRT, Trendy Amenities, Restaurants & Local Cafes, the natural Beauty of the Rideau River and Canal, Local Parks, Biking Paths, and a new Canoe/Paddle Board Boat Launch are just blocks away. MAIN LEVEL: This executive one-bedroom unit features an open concept spacious dining and living area, with ample space to lounge and dine, along with a large bedroom and marble ensuite. SECOND LEVEL: This cozy two-bedroom unit has just the right space for that live-work balance, including a built-in bar area, porcelain floors through-out, and ample space to lounge or dine at an oversized granite kitchen island.THIRD LEVEL: This two-bedroom unit is about that upscale New York Penthouse vibe-white marble, crystal, acrylic, mirrored glass and all the luxuries one would associate with the Upper East Side.LOWER LEVEL: This thoughtfully designed unit has 9-foot ceilings, ample storage, a laundry room, a sleek kitchen , and a spacious bedroom area.Income 10,935 per month=$131,222 per year. EXP =$26,558. NOI 104,662. Cap 4.6. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 23 days on market, against an average age of 62 days across the listings currently for sale in this city
This 6-bed multi-family in Ottawa has been listed for 23 days, which is 39 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,275,000, about 21.5× the local median household income of $106,000.
Carrying it typically needs a household income of about $444,387 (20% down, 25-yr amortization, stress-tested) — roughly 319% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1S)
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Loading rates, 30-yr amortization
Cash Needed to Close
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