Maria Tompson, Sales Representative

Tony Tompson

Sales Representative

Century 21 Example Inc., Brokerage Independently owned and operated. 7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6 Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184

$2,695,999

Available - For Sale

Listing ID: X12174545

883 Somerset Stre West , West Centre Town, K1R 6R6, Ottawa

Welcome to this tastefully renovated, multi residential, 8 unit building in the heart of Chinatown, Little Italy and next to Lebreton Flats- home to the future arena. Central location within walking distance to restaurants, cafes, shopping, recreation, public transit, and all downtown Ottawa has to offer, making this a prime investment opportunity. Extensive capital work, including 7 out of the 8 units being fully renovated. 3 parking spaces available.

Price	$2,695,999
Taxes:	$14150.00
Tax Type:	Annual
Occupancy:	Tenant
Address:	883 Somerset Stre West , West Centre Town, K1R 6R6, Ottawa
Postal Code:	K1R 6R6
Province/State:	Ottawa
Directions/Cross Streets:	Preston & Somerset

Washroom Type

No. of Pieces

Level

Washroom Type 1

Washroom Type 2

Washroom Type 3

Washroom Type 4

Washroom Type 5

Category:	Apartment
Building Percentage:	T
Total Area:	3261.00
Total Area Code:	Square Feet
Area Influences:	Major Highway Public Transit

Washrooms:	0
Heat Type:	Baseboard
Central Air Conditioning:	No

Schools

7 public & 8 Catholic schools serve this home. Of these, 10 have catchments. There are 2 private schools nearby.

Parks & Rec

4 playgrounds, 3 basketball courts and 10 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 1 min walk away. Rail transit stop less than 1 km away.

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Asking Price:

Heating:

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Interest Rate:

Condo Fee:

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Taxes:

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Other Debt:

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Amortization:

Years

GDS:

TDS:

Percent Down:
Down Payment	$134,799.95	$269,599.9	$404,399.85	$539,199.8
First Mortgage	$2,561,199.05	$2,426,399.1	$2,291,599.15	$2,156,799.2
CMHC/GE	$102,447.96	$75,218.37	$64,164.78	$0
Total Financing	$2,663,647.01	$2,501,617.47	$2,355,763.93	$2,156,799.2
Monthly P&I	$13,144.62	$12,345.03	$11,625.27	$10,643.41
Expenses	$0	$0	$0	$0
Total Payment	$13,144.62	$12,345.03	$11,625.27	$10,643.41
Income Required	$492,923.11	$462,938.62	$435,947.59	$399,128.03

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Your Payment:

$6,652.13

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Disclosure Statement

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.

ROYAL LEPAGE TEAM REALTY

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At a Glance:

Type:	Com - Investment
Area:	Ottawa
Municipality:	West Centre Town
Neighbourhood:	4204 - West Centre Town
Style:
Lot Size:	x 99.00(Feet)
Approximate Age:
Tax:	$14,150
Maintenance Fee:	$0
Beds:	0
Baths:	0
Garage:	0
Fireplace:	N
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