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375 MACKAY STREET, Ottawa, Ontario $1,900,000.00 - Jim Norris RE/MAX Hallmark Realty Group
Jim Norris Broker
  • Jim Norris
  • Broker
  • 613-769-7147
  • JimNorrisRealEstate.com
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375 MACKAY STREET, Ottawa, Ontario

ID#441638 | MLS# 1175797 | Listed at $1,900,000.00
Real Estate - Ottawa -
Jim Norris
Broker
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Description
Once in a lifetime property in the heart of New Edinburgh. Offered for sale for the first time in over 40 years. A 1930's built 6 unit apartment building on an oversized lot with most of the original charm intact. Four of the six apartments are sprawling, bright 2 bedrooms apts w formal living and dining rooms with French doors out to covered balconies overlooking MacKay St. Two lower level apts are a 2 bed & 1 bed and are both bright & spacious with large windows. 26 solar panels on the roof generate $5812 gross per year for 19 more years! Radiant heat and hydro meters in a separate mechanical room. Updated roof, windows, furnace, electrical system. 60 x 150 foot lot with tonnes of parking and a world of opportunity. Offers graciously accepted on Thursday December 5th at 9am. (id:17126)
Special Features
  • Fireplace Present: False
  • Foundation Type: Poured Concrete
  • Heating Fuel: Natural gas
  • Number of Stories: 2
  • Utility Water: Municipal water
  • Has Acreage: false
  • Sewer: Municipal sewage system
  • Parking Space Total: 8
  • Zoning: R4S
Property Type Residential
Building Style Semi Detached
Listing Type For Sale

Number of Bedrooms 0.0
Number of Bathrooms 0.0
Seller's Comments

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Mortgage Information
Title: Standard 5 Year / 25 Year Amortization
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
5.00%  -  $95,000 2.54% 25 Years basic 5 Yr / 25 Year $8,358 $300,479
10.00%  -  $190,000 2.54% 25 Years basic 5 Yr / 25 Year $7,860 $285,549
20.00%  -  $380,000 2.54% 25 Years basic 5 Yr / 25 Year $6,850 $255,240

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