Sold for:Sold Dec 20, 2024
$685,000

48 Bell Street N

Ottawa (West Centre Town), ON K1R 7C7

Multiplex SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 48 Bell Street N, Ottawa, West Centre Town

2024-12-05
2024-12-20
Sold
Price
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MLS#
x11884075
2024-11-06
2024-12-06
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 48 Bell Street N, Ottawa, West Centre Town

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,971
Land Transfer Tax Fee
$10,175

Basement Type
Crawl Space, Unfinished

Interior Features

Laundry Level
Main Level
Interior Extras
Separate Hydro Meter
Fireplace/Stove
Yes
Fireplace Features
Wood
Elevator
No

Exterior Features

Pool
None
Property Features
Public Transit, Park

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick
Roof
Unknown
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
29.75 ft
Lot Depth
71.50 ft

Parking & Garages

Garage Type
None
Garage Spaces
2
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Yes

Bedrooms
3
Washrooms
2

Room sizes

  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Bedroom—
    Main level
  • Kitchen—
    Second level
  • Living Room—
    Second level
  • Bedroom—
    Second level
  • Bedroom—
    Second level
  • Laundry—
    Second level

Washrooms

  • 3-piece, Main
  • 3-piece, Second

Municipality
Ottawa
Neighbourhood
West Centre Town
Main cross streets
Somerset East to Bell Street, Right on Bell Street North.
Zoning
Residential

MLS® number
X11884075
Data source
Toronto Regional Real Estate Board
Status change
2024-12-20
Listed on
2024-12-05
Days on market
15 days
Possession type
To Be Determined
Co-op commission
2.5
Seller
Listed by
eXp Realty

Home Market Value

Current home valuation for 48 Bell Street N, Ottawa, West Centre Town, Ottawa, ON. Listed for $685,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 48 Bell Street N, Ottawa, West Centre Town

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

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Ottawa, ON
Minimum Down Payment Required:6.4%

5% on first $500K + 10% on $185,000 over $500K

Minimum down payment

$43,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$25,646$19,112$16,303$0
=Total mortgage
$666,806$635,612$598,553$548,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,256monthly$3,103monthly$2,922monthly$2,676monthly
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Land Transfer Tax

Provincial

$10,175

Total Land Transfer Tax

$10,175

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0/100Minimal Transit
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