Sold for:Sold Jul 26, 2025
$1,149,900

164 Clarence Street

Ottawa (Lower Town/Byward Market), ON K1N 5P8

Multiplex SoldNot available

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for 164 Clarence Street, Ottawa, Lower Town/Byward Market

2025-05-27
2025-07-26
Sold
Price
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MLS#
x12179677
2024-11-08
2025-05-26
Terminated
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 164 Clarence Street, Ottawa, Lower Town/Byward Market

This property is well located in the heart of downtown Ottawa. 3- 3 Bedrooms Apartments fully rented all above ground, great tenants. All Units have 5 appliances, fridges and stoves and washer and dryer and dishwashers. The units, are fully rented as follow: ( Apt 1 rented at $2048.00 + hydro) and has been served notice effective September 01 rent will increase to $2,099.00+ hydro, ( Apt #2 rented at $2205.00 + hydro), (Apt #3 rented at $2205.00 plus hydro). Total yearly rental income for the 3 units ($78,108.00 as of September 01 2025) + 4 parking spaces rented at $150 Monthly or $7200.00 yearly. = Gross Income before expenses $ 85,308.00 Total Expenses $22,332.00 as follow: ( Property Taxes $7800.00, Heat $6000.00, common hydro $561.00, Water $1,768.00, Insurance $5100.00, snow removal $1100.00). TOTAL NET INCOME after expenses $62,929.00. Please allow 24 hours on all offers and 24 hour notice for all showings.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$7,820
Land Transfer Tax Fee
$19,473

Rental Items

Rental Equipment
hot water tanks

Basement Type
Full, Unfinished

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
3-Storey

Construction

Exterior Finish
Brick, Stucco (Plaster)
Roof
Unknown
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
26.50 ft
Lot Depth
100.10 ft
Lot Size
2650

Parking & Garages

Garage Type
None
Garage Spaces
4
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Water
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
9
Washrooms
3
Kitchens
3

Washrooms

  • 3-piece

Municipality
Ottawa
Neighbourhood
Lower Town/Byward Market
Main cross streets
Clarence between Dalhousie and Cumberland
Directions
Clarence between Dalhousie and Cumberland

MLS® number
X12179677
Data source
Toronto Regional Real Estate Board
Status change
2025-07-26
Listed on
2025-05-27
Days on market
60 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
COLDWELL BANKER SARAZEN REALTY

Home Market Value

Current home valuation for 164 Clarence Street, Ottawa, Lower Town/Byward Market, Ottawa, ON. Listed for $1,149,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 164 Clarence Street, Ottawa, Lower Town/Byward Market

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Ottawa, ON
Minimum Down Payment Required:7.8%

5% on first $500K + 10% on $649,900 over $500K

Minimum down payment

$89,990

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+CMHC insurance
$42,362$32,082$27,368$0
=Total mortgage
$1,101,420$1,066,992$1,004,783$919,920
Amortization
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=Mortgage payment
$5,378monthly$5,210monthly$4,906monthly$4,492monthly
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Land Transfer Tax

Provincial

$19,473

Total Land Transfer Tax

$19,473

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