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88 JAMES STREET, Ottawa, Ontario, K1R 5M3

MLS® # 1384060
Investment For Sale In Centretown, Ottawa, Ontario
$1,199,000
Great opportunity to own this TRIPLEX! All brick, great lot and well maintained. Great investment property that you can rent or live in and rent the other units. Solid build brick that features Ch - 88 James Street, Ottawa, ON - Outdoor With Deck Patio Veranda With Facade
A RARE FIND! TRIPLEX in the heart of the city. Excellent location on a nice street. Opportunity knocking for investors with 3 large units. Each unit features good income and tenants. - 88 James Street, Ottawa, ON - Outdoor With Balcony With Facade
Unit 1-2 bedrooms Main floor living room. Spacious and bright with a large window. 9' ceilings, hardwood floors. Decorative fireplace. Virtually staged. - 88 James Street, Ottawa, ON - Indoor Photo Showing Living Room With Fireplace
unit 1-Large dining room used as living room in this photo. - 88 James Street, Ottawa, ON - Indoor Photo Showing Living Room
unit 1-unit 1-Large bedroom with hardwood floors, 9'ft ceilings. - 88 James Street, Ottawa, ON - Indoor Photo Showing Bedroom
unit 1-bathroom - 88 James Street, Ottawa, ON - Indoor Photo Showing Bathroom
unit 1-bedroom - 88 James Street, Ottawa, ON - Indoor Photo Showing Office
Unit 1-Eat-in kitchen. - 88 James Street, Ottawa, ON - Indoor
Unit 1-Kitchen. Door to the balcony. - 88 James Street, Ottawa, ON - Indoor
Stairs to unit 2 and 3. New carpets in 2023. - 88 James Street, Ottawa, ON - Indoor Photo Showing Other Room
2nd unit- 2 bedroom +Den.  Spacious entrance way to this beautiful unit. Arched doorway that adds character. Beautiful hardwood floor. - 88 James Street, Ottawa, ON - Indoor Photo Showing Other Room
unit 2 - hallway - 88 James Street, Ottawa, ON - Indoor Photo Showing Other Room
Unit 2-Living room with decorative fireplace. Bright, spacious with high ceilings. Beautiful hardwood floors. This living room is currently being used as a bedroom. - 88 James Street, Ottawa, ON - Indoor Photo Showing Living Room With Fireplace
Unit 2- Living room features a large window for extra light. High baseboards and archways offers great character. - 88 James Street, Ottawa, ON - Indoor Photo Showing Living Room
unit 2-Spacious dining room area. High ceilings, beautiful hardwood floors. - 88 James Street, Ottawa, ON - Indoor Photo Showing Dining Room
Unit 2-New kitchen in 2023. - 88 James Street, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink
unit 2- Primary bedroom - 88 James Street, Ottawa, ON - Indoor Photo Showing Bedroom
unit 2-bedroom - 88 James Street, Ottawa, ON - Indoor
unit 2-den with it's own balcony - 88 James Street, Ottawa, ON - Indoor
Unit 2- Front balcony off the den - 88 James Street, Ottawa, ON - Outdoor With Deck Patio Veranda
Unit 3- living room area. Virtually staged. - 88 James Street, Ottawa, ON - Indoor
Unit 3 -primary bedroom virtually staged - 88 James Street, Ottawa, ON - Indoor Photo Showing Bedroom
Unit 3- bathroom updated - 88 James Street, Ottawa, ON - Indoor Photo Showing Bathroom
88 James Street, Ottawa, ON - Indoor Photo Showing Bathroom
Unit 3- bedroom virtually staged - 88 James Street, Ottawa, ON - Indoor Photo Showing Other Room
Unit 3- balcony at the back out back. - 88 James Street, Ottawa, ON - Outdoor With Exterior
Floor plan. Further details in the attachements. - 88 James Street, Ottawa, ON - Other
Each unit has its own balcony. - 88 James Street, Ottawa, ON - Outdoor With Balcony
4 parking spots - 88 James Street, Ottawa, ON - Outdoor
LOCATION! LOCATION! Great opportunity and street to own this TRIPLEX. Walking distance to downtown, shopping, transit. - 88 James Street, Ottawa, ON - Outdoor With View
Great opportunity to own this TRIPLEX! All brick, great lot and well maintained. Great investment property that you can rent or live in and rent the other units. Solid build brick that features Ch - 88 James Street, Ottawa, ON  - Outdoor With Deck Patio Veranda With Facade
A RARE FIND! TRIPLEX in the heart of the city. Excellent location on a nice street. Opportunity knocking for investors with 3 large units. Each unit features good income and tenants. - 88 James Street, Ottawa, ON  - Outdoor With Balcony With Facade
Unit 1-2 bedrooms Main floor living room. Spacious and bright with a large window. 9' ceilings, hardwood floors. Decorative fireplace. Virtually staged. - 88 James Street, Ottawa, ON  - Indoor Photo Showing Living Room With Fireplace
unit 1-Large dining room used as living room in this photo. - 88 James Street, Ottawa, ON  - Indoor Photo Showing Living Room
unit 1-unit 1-Large bedroom with hardwood floors, 9'ft ceilings. - 88 James Street, Ottawa, ON - Indoor Photo Showing Bedroom
unit 1-bathroom - 88 James Street, Ottawa, ON - Indoor Photo Showing Bathroom
unit 1-bedroom - 88 James Street, Ottawa, ON - Indoor Photo Showing Office
Unit 1-Eat-in kitchen. - 88 James Street, Ottawa, ON - Indoor
Unit 1-Kitchen. Door to the balcony. - 88 James Street, Ottawa, ON - Indoor
Stairs to unit 2 and 3. New carpets in 2023. - 88 James Street, Ottawa, ON - Indoor Photo Showing Other Room
2nd unit- 2 bedroom +Den.  Spacious entrance way to this beautiful unit. Arched doorway that adds character. Beautiful hardwood floor. - 88 James Street, Ottawa, ON - Indoor Photo Showing Other Room
unit 2 - hallway - 88 James Street, Ottawa, ON - Indoor Photo Showing Other Room
Unit 2-Living room with decorative fireplace. Bright, spacious with high ceilings. Beautiful hardwood floors. This living room is currently being used as a bedroom. - 88 James Street, Ottawa, ON - Indoor Photo Showing Living Room With Fireplace
Unit 2- Living room features a large window for extra light. High baseboards and archways offers great character. - 88 James Street, Ottawa, ON - Indoor Photo Showing Living Room
unit 2-Spacious dining room area. High ceilings, beautiful hardwood floors. - 88 James Street, Ottawa, ON - Indoor Photo Showing Dining Room
Unit 2-New kitchen in 2023. - 88 James Street, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink
unit 2- Primary bedroom - 88 James Street, Ottawa, ON - Indoor Photo Showing Bedroom
unit 2-bedroom - 88 James Street, Ottawa, ON - Indoor
unit 2-den with it's own balcony - 88 James Street, Ottawa, ON - Indoor
Unit 2- Front balcony off the den - 88 James Street, Ottawa, ON - Outdoor With Deck Patio Veranda
Unit 3- living room area. Virtually staged. - 88 James Street, Ottawa, ON - Indoor
Unit 3 -primary bedroom virtually staged - 88 James Street, Ottawa, ON - Indoor Photo Showing Bedroom
Unit 3- bathroom updated - 88 James Street, Ottawa, ON - Indoor Photo Showing Bathroom
88 James Street, Ottawa, ON - Indoor Photo Showing Bathroom
Unit 3- bedroom virtually staged - 88 James Street, Ottawa, ON - Indoor Photo Showing Other Room
Unit 3- balcony at the back out back. - 88 James Street, Ottawa, ON - Outdoor With Exterior
Floor plan. Further details in the attachements. - 88 James Street, Ottawa, ON - Other
Each unit has its own balcony. - 88 James Street, Ottawa, ON - Outdoor With Balcony
4 parking spots - 88 James Street, Ottawa, ON - Outdoor
LOCATION! LOCATION! Great opportunity and street to own this TRIPLEX. Walking distance to downtown, shopping, transit. - 88 James Street, Ottawa, ON - Outdoor With View
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88 JAMES STREET, Ottawa, Ontario, K1R 5M3
$1,199,000

Property Information:

A RARE FIND! Excellent opportunity to own a TRIPLEX in the heart of the city. Calling all investors with 3 large units, great income & great tenants. All unit are quite spacious, great layout, high ceilings, hardwood floors throughout. Bright & spacious, low maintenance. Each unit has its own balcony. Unit 1-(3 bdrm $$2,100/mo) large living room & dining room 9ft ceilings, unit 2-(3 bdrm $2,200) bright & open w 2 balconies. Unit 3-(2bdrm +den $1,800/mo). Where else can you own 3 doors with no condo fees for under $400,000 ea. Easy to rent. Well maintained property, all brick 3 storey, 4 balconies + front porch. 4 car parking at the rear. 4 meters 40' X 109' large lot. All units in good shape. Unit 3 recently renovated. Roof 2018, carpets on stairs 2023. Front painted 2022. Great location walking distance to downtown, canal & shopping. Queensway improvements nearby. Some photos virtually staged. 1.5km to Parliament Hill with so many improvements in this area, you don't want to miss. (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Amenities: Storage - Locker
  • Basement Development: Unfinished
  • Basement Type: Full
  • Construction Material: Concrete block
  • Construction Style - Attachment: Attached
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Flooring Type: Hardwood, Tile
  • Foundation Type: Stone
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit, Shopping
  • Features: Balcony
  • Irregular: Yes
  • Lease Type: Gross
  • Lot Depth: 109.0 Feet
  • Lot Frontage: 40.0 Feet
  • Lot Size: 40 ft X 109 ft
  • Structure Type: Deck
  • Zoning: R4T
  • Sewer: Municipal sewage system
  • Parking Type: Open
  • No. of Parking Spaces: 4

Courtesy of: INNOVATION REALTY LTD.

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Location of 88 JAMES STREET, Ottawa, Ontario, K1R 5M3

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, 88 JAMES 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, 88 JAMES 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.

Demographic Information of 88 JAMES STREET, Ottawa, Ontario, K1R 5M3

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$124,651.07

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.51 %

High school certificate or equivalent

18.56 %

Apprenticeship trade certificate/diploma

3.31 %

College/non-university certificate

13.82 %

University certificate (below bachelor)

3.21 %

University Degree

51.59 %

Commuter

Travel To Work

By Car

35.43 %

By Public Transit

19.65 %

By Walking

36.4 %

By Bicycle

2.59 %

By Other Methods

5.93 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

90.03 %

Houses

9.97 %

Own Vs. Rent