375 MACKAY STREET, Ottawa, Ontario

ID#441638 | MLS# 1175797 | Listed at $1,900,000.00
Real Estate - Ottawa -
Lillian Legault
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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

The seller has not posted any comments at this time.

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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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