Property

Ownership: For Sale
Type: Unknown
Bedrooms: 9 BR
Bathrooms: 4
Pets: Pets No

Financials

Price:C1,999,000
($1,458,111)
(€1,254,214)
Annual Taxes:C13,933.81
505 Park Ave, New York, NY 10022

Description

Welcome to the Golden Triangle! This mature, centrally located neighbourhood offers effortless access to every amenity, contributing to its well-earned perennial appeal. Located just half a block to the Rideau Canal, this unique triplex offers a great opportunity for you to enjoy living in a spacious 3+1 bedroom unit, while earning income from two rental units to help offset your mortgage expenses. The two-level owner's unit features a Primary Bedroom with heated concrete floors, a spa-like ensuite bathroom, and a walk-in dressing room with built-ins and make-up area. A two-storey addition was previously added at the back, providing exceptional additional living space. The second floor 3-bedroom unit was converted to 2 private home offices-one with a front balcony-and a 1-bedroom apartment with a back balcony which was rented for $2440/m. This unit can easily be converted back to a 3-bedroom rental unit with the addition of one door. The third floor 3-bedroom unit features a skylight, a large balcony, and is occupied by excellent long-term tenants paying $1942/m on a month-to-month tenancy. There is plenty of storage in the basement, along with two lockers for tenant use. This circa 1910 home is in move-in condition and has been well maintained and updated, including Carrier heat pump AC with three ductless wall units 2021, Roof 2020, Boiler 2021 (IBC), Gas Water Heater (rented) 2019. List of additional updates available. Elgin Street, uOttawa, City Hall, the NAC, Parliament Hill, Elgin Street Public School, Lisgar Collegiate, the Rideau Centre, and the ByWard Market are all within walking distance. 24-hr irrevocable on offers. 24-hr notice to show.

Amenities

  • Other
  • Patio
  • Porch

Welcome to the Golden Triangle !


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.