442-444 Cambridge Feature Sheet

442-444 Cambridge St. South West Centre Town $429,900

Street View South

Street View North

For further details, please contact Joe Connelly, Direct: 613-254-5974 Sales Representative Office: 613-236-5959 www.TopOttawaHomes.com

442-444 Cambridge St South

$429,900

Unit Description:

Unit Description

442 Cambridge—Apt 1

444 Cambridge

Main Level Living Room 13’4” x 10’3” Kitchen 9’6” x 8’1” Bedroom1 13’8” x 9’ Bedroom 2 9’5” x 7’3” Bathroom 4 Piece Features *Hardwood & ceramic flooring *Kitchen has newer ceramic counters, ceramic flooring and includes newer fridge (2008) and newer stove *Four piece bathroom w/ceramic flooring *Basement access off living room *Basement has stone foundation, height approx 5.5 feet and great for storage 120 amp electrical service

Main Level Living/Dining Kitchen Bedroom1 Bathroom

16’3” x 9’1” 9’8” x 9’1” 10’5” x 9’2” 4 Piece

Second Level Bedroom 2 Bedroom 3 Bathroom Storage Rm

10’7” x 7’9” 13’5” x 9’5” 4 Piece 9’6” x 4.2”

442 Cambridge—Apt 2 Second Level Liv Rm/Bdrm 1 Kitchen Bedroom 2 Bathroom

13’5” x 10’5” 10’ x 7’6” 10’7” x 7’6” 4 Piece

Third Floor Bedroom 3 23’7” x 10’5” Bathroom 4 Piece Features *Hardwood and ceramic throughout *Kitchen has ceramic flooring, newer fridge, stove and microwave *Second level bedroom has access to balcony *Four piece bath with ceramic flooring *Huge third floor loft or bedroom with hardwood, four piece bathroom with ceramic flooring

Third Floor Bdrm 4/Loft 23’6” x 13’6” Bathroom 4 Piece Features *Hardwood flooring and ceramic through out *Kitchen features newer tile countertop and flooring (2007), newer fridge, stove and microwave *Main level bathroom has newer tile flooring (2007) *Access to the basement located off living room. Basement height approx 5.5 feet and used for storage *120 amp electrical service *The second level has two bedrooms (one bdrm has access to balcony), practical storage room and four piece bathroom with ceramic flooring *Huge third floor loft/bedroom with hardwood and four piece bathroom with ceramic flooring

442-444 Cambridge St South

$429,900

Property Details: Fantastic opportunity to own a legal three-unit property in a great location only one block from Bronson Avenue. Quick access to the Queensway, Carleton University and the shops on Bank Street makes this property ideal for student accommodations. Property Leases: 442 Cambridge Apt 1 442 Cambridge Apt 2

—Leased at $900/month —Leased at $1,050/month

444 Cambridge

—Leased at $1,368.90/month

- Lease ends August 31/09 - Month to month (Increasing to $1,068/mth on May 1, 2009) - Month to month Total annual income: $39,826.80 (2008)

Annual Operating Expenses: Heating $1,680/year 442 Cambridge only Hydro $ 905/year 442 Cambridge only Water $1,200/year 442 & 444 Cambridge Property Taxes $3,577 *Tenants at 444 Cambridge pay gas & hydro Total annual expenses: $7,193.56 (2008)

Inclusions: 442 Apt 1—Fridge, stove 442 Apt 2—Fridge, stove, microwave 444 —Fridge, stove, microwave, freezer, wooden blinds

Rental Equipment: 442—Hot water tank 444—Hot water tank

Notes: *All front windows replaced in Fall of 2007 * Third floor flat roof replaced summer 2007 *Second floor roof replaced spring 2008 * Front porch roof replaced Dec 2008 *Fire Retrofit obtained in May 2006 (Sellers currently in the process of obtaining a new Fire Retrofit Certificate *444 has a sewage connection to the public drainage which could easily be hooked up for independent water drainage for separation of 442 and 444 as two properties Lot Size: 33.58 ft x 64 ft Legal Description: Plan 47 Pt Lot 4 Pt Lot 5 Zoning: R4T (exception 831) Occupant: Tenants Possession: Immediate/As per Tenancy Exterior: Brick/Siding Heating: Forced Air Natural Gas Laundry: None - Laundry Life located at 779 Bank St or Wringers Laundromat 151 Second Avenue Parking: Parking spaces may be available for rent in the parking lot of the apartment building located behind the subject property