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Listed 5 months ago

113 Murray Street

4001 - Lower Town/Byward Market, Lower Town - Sandy Hill

$1,200,000

Detached|3-Storey
4 | 3 | 6
About this home

Grand Victorian classic 3 storey with all the charm and architectural detailing you would expect of this era. Approximately 3300 sq ft with large rooms [the main floor itself is over 1400 sq'], bay windows, high ceilings, tall baseboards. A Special feature is the private gated driveway. Behind the gate is an amazing secluded and private space set away from the hustle and bustle of the Byward. The laneway in impressive interlock pavers allows for ~4 vehicles, plus it leads to a 32' x 18' modern concrete double garage with a 10' wide overhead door and 10 ft ceiling height under steel trusses. Located in the Byward Market Special District. The zoning will allow just about any use you can imagine - commercial and residential. Live and work in the same building. The space is easily dividable into several businesses, or a mix of business and residential uses. Located a few doors from Dalhousie Street - the original "urban village", 1/2 a block from the Rainbow Bistro, 2 doors from the French Baker, right in the heart of the tourist mecca and nightlife scene. Has a kitchen, 3 washrooms. 3 years old f/a gas furnace, back roof ~3 years and the front roof ~10 years. _______Some of the uses allowed are: - residential dwelling unit - animal care establishment - artist studio - bank - broadcasting and production studio - catering establishment - community centre - courthouse - day care - emergency service - government service centre - hotel - indoor entertainment facility - instructional facility - library - market - medical facility - micro-distribution facility - museum - nightclub - office - payday loan establishment - personal service business - place of assembly - place of worship - recreation and athletic facility - research and development centre - restaurant - retail store - school - sports arena - storefront industry - theatre.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style3-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$32,000
Lot Size33.17 ft x 100 ft
mls© NumberX12968124
Listed ByRE/MAX HALLMARK REALTY GROUP

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,142
Property tax
$2,667
Heat allowance
$150
Housing costs
$8,959 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $240,000
25-yr amortization

Income needed

$276,000

gross annual household income

Payment at 4%
$5,050 / mo
Cash down
$240,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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