$699,000

For saleJust listed

142 Ste Cecile Street, Ottawa - Multi-family for Sale

142 Ste Cecile Street, Ottawa, Ontario, K1L5L3

6 beds3 baths3 parking4,250 ft²40 × 90 ft (3,600 sq ft) lot sizeListed Today

Overview

This multi-family property in Ottawa is for sale offering roughly 4,250 sq ft of space. It has been on the market 0 days, fresher than the Ottawa average of 62 days.

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Description

Opportunity to own a solid triplex in a well-established Ottawa neighbourhood with strong rental demand! This property features three spacious 2-bedroom, 1-bathroom units, each offering hardwood flooring, ceramic tile in the kitchens and bathrooms, and practical layouts that appeal to tenants. Several updates have been completed over the years, including renovated units, newer windows, and a resurfaced driveway. A detached single-car garage provides additional storage or parking options. Tenants pay their own hydro, helping to keep operating costs down. A great option for investors looking to add to their portfolio or those seeking a multi-unit property with long-term potential. (id:66096)

Property Details

MLS®: X14147024
Property Type: Multi-family
Zoning: Residential
Bedrooms: 6
Beds (above / below): 6 above · 0 below
Bathrooms: 3
Parking: 3
Interior Size: 4,250 ft²
Lot Size: 40 × 90 ft (3,600 sq ft)
Frontage: 40 ft
Storeys: 2
Basement: Finished, Full
Heating: Radiant heat, Natural gas
Cooling: None
Garage: Detached Garage, No Garage
Property Tax: $4,648.3/yr
Listed: Today

Features

Foundation: Concrete
Exterior: Brick
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Ottawa listings, avg age

62d

Price / ft²

$164

List price

$699K

Haho

This 6-bed multi-family in Ottawa has been listed for 0 days, which is 62 days fresher than the city average of 62. Act while there is still low competition.

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Listed by RE/MAX HALLMARK REALTY GROUP · Gina Mertikas-Lavictoire

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K1L)

This home lists at $699,000, about 11.1× the local median household income of $63,200.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 116% above the area median.

Median household income: $63,200
Population: 18,213
Median age: 41.2
Owner / renter: 33% / 67%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA K1L)

$699,000· $164/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$387/mo

Total monthly$4,014

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$10,455

Est. closing costs$4,597

Total cash needed$59,952

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