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93-95 Lower Charlotte Street

93-95 Lower Charlotte Street

Lower Town - Sandy Hill, ON

  • 10 bed
  • 6 bath
  • approx. 3500-5000 sqft
  • Triplex
  • 551 days on market
$1,595,000Price reduced 6%

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 Details

Taxes (2024)
$10,811
Originally Listed
$1,695,000
Listed
March 7, 2025

Price History

Listing history

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Property

Style
3-Storey
Construction
Brick
Roof
Asphalt Rolled, Asphalt Shingle
Foundation
Stone
Interior
Carpet Free, Storage, Water Heater Owned, Water Meter
Lot Size
37.95 x 81.91 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
4

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Cobourg Street
Parcel Number
042360005
Possession
Flexible
Occupancy
Owner+Tenant

Included

Inclusions
5 - Refrigerators, 3 - Stoves, 1 - Dishwasher, 4 - Microwave hood fans, 1- Washer, 1 - Dryer, 1 - Washer/Dryer Combo, 2 Hot Water Tanks, 2 - Central Air Conditioning systems, all light fixtures and fans presently installed.
Exclusions
None
Rental Items
None

Schools

Elementary

  • École élémentaire catholique Sainte-Anne0.4 km

    French Catholic · CSDC du Centre-Est de l'Ontario · 305 students

    Grade 3 reading: 76% met the provincial standard · Grade 6 math: 81% met the provincial standard

  • École élémentaire publique De la Salle0.4 km

    French public · CÉP de l'Est de l'Ontario · 385 students

  • York Street Public School0.5 km

    Public · Ottawa-Carleton DSB · 275 students

    Grade 3 reading: 29% met the provincial standard · Grade 6 math: 20% met the provincial standard

Secondary

  • École secondaire publique De La Salle0.5 km

    French public · CÉP de l'Est de l'Ontario · 950 students

    Grade 10 literacy: 93% met the provincial standard

  • Lisgar Collegiate Institute1.8 km

    Public · Ottawa-Carleton DSB · 960 students

    Grade 10 literacy: 91% met the provincial standard

  • Ottawa Technical Secondary School2.6 km

    Public · Ottawa-Carleton DSB · 330 students

    Grade 10 literacy: 48% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K1N

Population
26,639
Private dwellings
17,122
Median age
34
Average household size
1.8
Median household income
$64,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Lower Town - Sandy Hill · last 12 months

Median sold price
$470,000
Homes sold
221
Median days on market
34
Sale-to-list price
96.7%

Based on 221 recorded sales of residential freehold properties in Lower Town - Sandy Hill over the last 12 months.

Rooms

3 × 4-piece on Ground, 2 × 3-piece on Second, 2-piece on Ground

Third

  • Bathroom7' x 7'
  • Bathroom7' x 7'
  • Bedroom13'9" x 12'
  • Bedroom14'1" x 14'9"
  • Bedroom12' x 12'
  • Kitchen14'9" x 12'

Second

  • Bathroom12' x 12'
  • Bathroom5'11" x 6'2"
  • Bedroom12' x 12'
  • Bedroom15'1" x 12'
  • Bedroom15'1" x 12'
  • Bedroom12' x 12'
  • Kitchen9'10" x 5'11"
  • Laundry5'11" x 5'11"
  • Primary Bedroom17' x 12'

Main

  • Bathroom5'11" x 7'10"
  • Bedroom15'1" x 12'
  • Bedroom15'1" x 12'
  • Dining Room15'1" x 17'1"
  • Kitchen19' x 12'
  • Kitchen19' x 8'9"
  • Living Room15'1" x 17'1"
  • Powder Room4'11" x 3'3"

Listed by

ROYAL LEPAGE TEAM REALTY

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$319,000

Estimated Monthly Payment

$7,836

Land transfer tax

Estimated land transfer tax$28,375

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $7,836/mo (20% down, 5.5%)

Taxes: $901/mo · Insurance: $399/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions TOTAL Rental Income: $8,400 * 12 = $100,800.00 ( rent includes all utilities) Net Operating Income (NOI) is $74,225.00.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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