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$1,089,000
Est. payment /mo
6 Beds
5 Baths
3,000 SqFt
UPDATED:
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