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48 LOUISA STREET, Ottawa, Ontario, K1R 6Y8

MLS® # 1391804
new listing
Investment For Sale In West Centertown, Ottawa, Ontario
$1,059,900
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
48 Louisa Street, Ottawa, ON
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Home Insurance - TD Insurance

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ACTIVE
48 LOUISA STREET, Ottawa, Ontario, K1R 6Y8
$1,059,900

Property Information:

Great cash-flow fourplex in West Centretown zoned R4T. Steps to Little Italy, Government Buildings & Dows lake, with a CAP rate approaching 5%. Features a large home that houses 3 units & separate bungalow, four units in total. One spacious renovated two bedroom, one bachelor, updated one bedroom & a large separate free standing 2 bedroom unit w/ private entry & yard. Huge lot size allowing for 5 parking spaces on this double lot in a thriving neighborhood perfect for young professionals. Copy of survey and fire retrofit (2011) available. Largest apartment completely renovated in 2011. Great current & future value in this property. 3 tenants are on month to month - upside for higher rents as all units are under market value. Quality tenants- there has never been a vacancy in over 10 years. Shared pay per use laundry in basement adding income to property. 24 hr on offers as there are two owners. All units tenant occupied, notice to show needed scheduled days and times in rep remarks. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Development: Unfinished
  • Basement Type: Common
  • Construction Style - Attachment: Attached
  • Exterior Finish: Stone, Stucco
  • Flooring Type: Hardwood, Laminate, Tile
  • Foundation Type: Poured Concrete, Stone
  • Heating Type: Baseboard heaters, Forced air
  • Heating Fuel: Electric, Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Airport, Public Transit, Recreation Nearby, Shopping
  • Current Use: Development residential
  • Irregular: Yes
  • Lease Type: Gross
  • Lot Depth: 91.5 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 ft X 91.5 ft
  • Zoning: r4t
  • Sewer: Municipal sewage system
  • Parking Type: Surfaced
  • No. of Parking Spaces: 5

Courtesy of: ENGEL & VOLKERS OTTAWA

REALTOR.ca  

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Market Price Trends

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Location of 48 LOUISA STREET, Ottawa, Ontario, K1R 6Y8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

31 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

48/100

High

ClimateCheck®

Current data

This property, 48 LOUISA STREET , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

64/100

ClimateCheck®

Current data

This property, 48 LOUISA STREET , experiences 11 significant 2-day storms per year, with about 319.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 408.5mm of precipitation per year.

Precipitation Per Storm

Past
319.2mm
2050
408.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 48 LOUISA STREET, Ottawa, Ontario, K1R 6Y8

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$118,838.86

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.15 %

High school certificate or equivalent

20.87 %

Apprenticeship trade certificate/diploma

3.47 %

College/non-university certificate

13.32 %

University certificate (below bachelor)

0.99 %

University Degree

44.21 %

Commuter

Travel To Work

By Car

51.59 %

By Public Transit

16.0 %

By Walking

22.58 %

By Bicycle

3.04 %

By Other Methods

6.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.54 %

Houses

40.46 %

Own Vs. Rent

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