95/97 Concord Street N, Ottawa, ON, K1S 0Y7 - investment for sale | Listing ID 1391393

95/97 CONCORD STREET N, Ottawa, Ontario, K1S 0Y7

MLS® # 1391393

Investment For Sale In Old Ottawa East, Ottawa, Ontario

$1,850,000

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95/97 Concord Street N, Ottawa, ON - Outdoor With Facade

95/97 Concord Street N, Ottawa, ON - Outdoor

95/97 Concord Street N, Ottawa, ON - Outdoor With Exterior

95/97 Concord Street N, Ottawa, ON - Indoor Photo Showing Other Room

95/97 Concord Street N, Ottawa, ON - Indoor Photo Showing Living Room

95/97 Concord Street N, Ottawa, ON - Indoor Photo Showing Bathroom

95/97 Concord Street N, Ottawa, ON - Indoor Photo Showing Kitchen

95/97 Concord Street N, Ottawa, ON - Indoor

95/97 Concord Street N, Ottawa, ON - Indoor Photo Showing Bedroom

95/97 Concord Street N, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink

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95/97 CONCORD STREET N, Ottawa, Ontario, K1S 0Y7

$1,850,000

Property Information:

Welcome to your next investment opportunity in downtown Ottawa! Nestled in a quiet and highly sought-after area, this multi-unit residential income property presents an exceptional chance to own a prime piece of real estate. This immaculately maintained property boasts a total of 6+1 units, all of which are currently rented out. With future potential for increased rents, and 7 parking spots this investment is primed for growth with a current 5% cap rate ensuring steady returns on your investment. You'll find this property to be one of the best-maintained buildings of its age in the area. Featuring a new boiler(2022) and separate hydro meters for all units ensuring transparency and ease of management for both landlord & tenants. This property offers a rare opportunity to own a well-maintained income-generating asset in a prime downtown location. With a solid cap rate and room for increased revenue, it's an investment that promises both stability and potential for growth. (id:27)

Building Features:

Style: Multiplex
Exterior Finish: Brick
Foundation Type: Stone
Heating Type: Hot water radiator heat, Radiant heat
Heating Fuel: Natural gas

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Built in: 1877
Irregular: Yes
Lot Depth: 98.8 Feet
Lot Frontage: 66.1 Feet
Lot Size: 66.05 ft X 98.82 ft
Zoning: R4UD
Sewer: Municipal sewage system
No. of Parking Spaces: 7

Courtesy of: CENTURY 21 SYNERGY REALTY INC

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Market Price Trends

Location of 95/97 CONCORD STREET N, Ottawa, Ontario, K1S 0Y7

Lifestyle
Neighbourhood

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, 95/97 CONCORD STREET N , 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

2050

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, 95/97 CONCORD STREET N , 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

2050

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 95/97 CONCORD STREET N, Ottawa, Ontario, K1S 0Y7

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$188,587.69

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.17 %

High school certificate or equivalent

20.27 %

Apprenticeship trade certificate/diploma

1.07 %

College/non-university certificate

12.01 %

University certificate (below bachelor)

3.0 %

University Degree

59.47 %

Commuter

Travel To Work

By Car

49.93 %

By Public Transit

10.45 %

By Walking

29.88 %

By Bicycle

7.13 %

By Other Methods

2.61 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.33 %

Houses

40.67 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 95/97 CONCORD STREET N, Ottawa, Ontario, K1S 0Y7

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 95/97 CONCORD STREET N, Ottawa, Ontario, K1S 0Y7

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

95/97 CONCORD STREET N, Ottawa, Ontario, K1S 0Y7

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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