Ottawa, ON K1R6B5,522/524 BAY STREET
Ottawa, ON K1R6B5,522/524 BAY STREET
Ottawa, ON K1R6B5,522/524 BAY STREET
Ottawa, ON K1R6B5,522/524 BAY STREET
Ottawa, ON K1R6B5,522/524 BAY STREET
Ottawa, ON K1R6B5,522/524 BAY STREET
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$ 1,089,000
Est. payment | /mo

6 Beds

5 Baths

3,000 SqFt


$ 1,089,000
Est. payment | /mo

6 Beds

5 Baths

3,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $363

Subdivision 4103 - Ottawa Centre

MLS® Listing ID X12164246

Bedrooms 6

Half Baths 1

Source Ottawa Real Estate Board

Property Description

Attention savvy investors! Welcome to #522/524 Bay Street, an incredible opportunity to own a well-maintained fourplex in the heart of Centretown! Ideally located on a quiet cul-de-sac just steps from Bank Street, the Glebe and the downtown core. This low-maintenance building offers two bright and airy 2-bed units plus two generous 1-bed units, each with access to sprawling unfinished basement space and excellent storage. Tenants enjoy in-suite laundry, private outdoor spaces, and exceptional walkability to shops, restaurants, transit, and amenities. Uniquely versatile, this rare offering provides option to maintain the current 4-unit layout, owner occupy unit 1-524 as a pied-de terre, set your own rent with a future tenant or explore the option to sever the property into two parcels (each half of the building has its own water supply and sewer line). With stable tenants and minimal groundskeeping, this established income property is a healthy addition to any portfolio with a strong cap rate. Invest confidently in one of Ottawas most sought-after rental locations. Some photos virtually staged. 24 hours irrevocable on all offers. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 1.96 m X 1.82 m Bathroom

Extra Room 2 Second level 386 m X 2.41 m Kitchen

Extra Room 3 Second level 4.34 m X 3.04 m Living room

Extra Room 4 Second level 3.25 m X 2.56 m Primary Bedroom

Extra Room 5 Second level 2.35 m X 2.16 m Bedroom

Extra Room 6 Second level 2.22 m X 1.72 m Bathroom

Interior

Heating Forced air

Flooring Tile

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Virtual Tour https://youtu.be/78HEHio146g

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Listed by ROYAL LEPAGE PERFORMANCE REALTY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 818-7373

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4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada

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522/524 BAY STREET