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48 BELL STREET N, Ottawa, Ontario, K1R 7C7

MLS® # 1419434
Investment For Sale In West Centertown, Ottawa, Ontario
$699,900
48 Bell Street N, Ottawa, ON - Outdoor
48 Bell Street N, Ottawa, ON - Outdoor
48 Bell Street N, Ottawa, ON - Outdoor
48 Bell Street N, Ottawa, ON - Indoor
48 Bell Street N, Ottawa, ON - Indoor
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Dining Room
48 Bell Street N, Ottawa, ON - Indoor
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Bedroom
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Bedroom
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Bedroom
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Bathroom
48 Bell Street N, Ottawa, ON - Indoor
48 Bell Street N, Ottawa, ON - Indoor
48 Bell Street N, Ottawa, ON - Indoor
48 Bell Street N, Ottawa, ON - Indoor
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Bedroom
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Bedroom
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Laundry Room
48 Bell Street N, Ottawa, ON - Outdoor With Exterior
48 Bell Street N, Ottawa, ON  - Outdoor
48 Bell Street N, Ottawa, ON  - Outdoor
48 Bell Street N, Ottawa, ON  - Outdoor
48 Bell Street N, Ottawa, ON  - Indoor
48 Bell Street N, Ottawa, ON - Indoor
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Dining Room
48 Bell Street N, Ottawa, ON - Indoor
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Bedroom
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Bedroom
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Bedroom
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Bathroom
48 Bell Street N, Ottawa, ON - Indoor
48 Bell Street N, Ottawa, ON - Indoor
48 Bell Street N, Ottawa, ON - Indoor
48 Bell Street N, Ottawa, ON - Indoor
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Kitchen With Double Sink
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Bedroom
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Bedroom
48 Bell Street N, Ottawa, ON - Indoor Photo Showing Laundry Room
48 Bell Street N, Ottawa, ON - Outdoor With Exterior
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48 BELL STREET N, Ottawa, Ontario, K1R 7C7
$699,900

Property Information:

Investors & savvy buyers take NOTICE! Rarely offered 4.82% Cap Rate! Annual Gross Income of $43,200 split between two renovated turnkey, LEGAL separate units. Prime duplex in the heart of ChinaTown, steps to Little Italy, Dows Lake, close to Ottawa's favourite restaurants, parks, and museums. Minutes away from the Rideau Canal, Parliament Hill, Lebreton Flats, LRT and quick access to Hwy 417. Features include 2 separate Hydro meters, new electrical, new Plumbing, Major updates completed in 2017:Roof, windows, furnace. New siding on back of building 2021, newly paved driveway 2022 and MORE. Each unit has its own laundry. This combination ensures a high-yield, low-expense and minimal-maintenance investment with a projected NOI of $33,000 and 23% Annual return on investment! A Renter's dream and well-cared-for. 24Hrs Irrev on all offers. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Development: Unfinished
  • Basement Type: Crawl space
  • Exterior Finish: Brick
  • Flooring Type: Hardwood, Laminate, Tile
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit, Recreation Nearby, Shopping
  • Built in: 1900
  • Features: Balcony
  • Irregular: Yes
  • Lease Type: Gross
  • Lot Depth: 71.5 Feet
  • Lot Frontage: 29.8 Feet
  • Lot Size: 29.75 ft X 71.5 ft
  • Zoning: Residential
  • Sewer: Municipal sewage system
  • Parking Type: Surfaced
  • No. of Parking Spaces: 2

Courtesy of: EXP REALTY

REALTOR.ca  

Location of 48 BELL STREET N, Ottawa, Ontario, K1R 7C7

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: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 48 BELL 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
7
2050
31

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 Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 48 BELL 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
11
2050
14

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.

Demographic Information of 48 BELL STREET N, Ottawa, Ontario, K1R 7C7

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$124,469.06

Average Number of Children

1.63

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.58 %

High school certificate or equivalent

21.01 %

Apprenticeship trade certificate/diploma

2.96 %

College/non-university certificate

16.1 %

University certificate (below bachelor)

1.19 %

University Degree

42.16 %

Commuter

Travel To Work

By Car

48.86 %

By Public Transit

17.77 %

By Walking

23.4 %

By Bicycle

6.16 %

By Other Methods

3.81 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

58.78 %

Houses

41.22 %

Own Vs. Rent