522/524 BAY STREET Active Save Request In-Person Tour Request Virtual Tour
Ottawa,ON K1R6B5
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
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
Interior
Heating Forced air
Flooring Tile
Exterior
Parking Features No
View Y/N No
Building
Story 2
Sewer Sanitary sewer
Others
Virtual Tour https://youtu.be/78HEHio146g