$1,595,000
Available - For Sale
Listing ID: X12282844
89/91 Murray Stre , Lower Town - Sandy Hill, K1N 5M5, Ottawa
| Rare opportunity in the heart of the ByWard Market. Fully tenanted mixed-use building and an additional freestanding commercial building. Two prime retail spaces and two extensively renovated 2 bedroom apartments. Well maintained property. Seller will consider a VTB. Zoning is MD2 S72 Mixed-Use Downtown Zone which allows for further development. Will provide new build report for rear of property. 89 Murray is a three-story building with ground floor retail and two residential units on the upper floor, representing 2700 sq ft. 91 Murray is a separate unique one-story building at the rear of the property with 1,400 sq ft. 89 Murray - New asphalt shingle roof 2024. 200 amp main distribution panel, with each unit separately metered. One forced air gas fired furnace for the commercial ground floor unit & one for the two apartment units. 89 Murray Residential - Two 2 bedroom identical units have been extensively updated. Two storey apartments with hardwood floors and 6 appliances. Quartz countertops & newer cabinetry. Modern baths with gorgeous showers. Currently rented for $2000 each. Landlord pays water & heat. 89 Murray Retail - This space is air conditioned. The Barber Shop has been leased for 7 years. $3407 + additional expenses. 91 Murray Retail - The interior consists of 3 open living spaces, one with a wet bar area. There is an additional office, a bedroom area and a 3 piece bath. Extensively renovated in 2011 with new exterior EFIS, new roof, plumbing, interior walls, etc. New HVAC system installed 2024. Central air & forced air gas furnace. Separately metered for hydro & gas. Leased for $2825 + common expenses (including property taxes, snow clearing & maintenance). 2 non-conforming parking spaces. One residential unit will be vacant upon possession, as it is currently owner occupied. One of the Ottawa Mayor's top priorities for 2025 is to revitalize the ByWard Market by enacting a $129M plan before 2027. 48 hrs notice for showings & 24 hrs irrev on offers. |
| Price | $1,595,000 |
| Taxes: | $28476.50 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 89/91 Murray Stre , Lower Town - Sandy Hill, K1N 5M5, Ottawa |
| Postal Code: | K1N 5M5 |
| Province/State: | Ottawa |
| Directions/Cross Streets: | Sussex Drive & Murray Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 4100.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1825 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| MARILYN WILSON DREAM PROPERTIES INC. |
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416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
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At a Glance:
| Type: | Com - Investment |
| Area: | Ottawa |
| Municipality: | Lower Town - Sandy Hill |
| Neighbourhood: | 4001 - Lower Town/Byward Market |
| Tax: | $28,476.5 |
| Fireplace: | N |
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