$1,089,000
Available - For Sale
Listing ID: X12164246
522/524 Bay Stre , Ottawa Centre, K1R 6B5, Ottawa
| 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. |
| Price | $1,089,000 |
| Taxes: | $11303.00 |
| Occupancy: | Tenant |
| Address: | 522/524 Bay Stre , Ottawa Centre, K1R 6B5, Ottawa |
| Directions/Cross Streets: | Bay and McLeod |
| Rooms: | 18 |
| Rooms +: | 6 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Full, Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Foyer | 12.17 | 6.95 | |
| Room 2 | Main | Living Ro | 15.06 | 15.51 | Combined w/Dining |
| Room 3 | Main | Bathroom | 6.49 | 5.48 | 3 Pc Bath |
| Room 4 | Main | Kitchen | 14.66 | 13.38 | W/O To Patio |
| Room 5 | Main | Primary B | 16.86 | 8.92 | Closet |
| Room 6 | Basement | Utility R | 15.55 | 32.24 | Combined w/Laundry, Unfinished |
| Room 7 | Basement | Other | 14.66 | 13.35 | Unfinished |
| Room 8 | Second | Living Ro | 14.43 | 10.23 | Combined w/Dining, Closet |
| Room 9 | Second | Primary B | 10.86 | 8.3 | Closet |
| Room 10 | Second | Bedroom 2 | 10.17 | 7.05 | Closet |
| Room 11 | Second | Bathroom | 6.43 | 5.97 | 3 Pc Bath |
| Room 12 | Second | Kitchen | 1266.08 | 7.9 | W/O To Deck, Combined w/Laundry |
| Room 13 | Main | Living Ro | 14.83 | 14.53 | Combined w/Dining |
| Room 14 | Main | Primary B | 16.1 | 8.72 | Closet |
| Room 15 | Main | Bathroom | 6.95 | 4.69 | 3 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | |
| Washroom Type 2 | 2 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | None |
| Drive Parking Spaces: | 0 |
| Park #1 | |
| Parking Type: | None |
| Park #2 | |
| Parking Type: | None |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 3000-3500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE PERFORMANCE REALTY |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Ottawa |
| Municipality: | Ottawa Centre |
| Neighbourhood: | 4103 - Ottawa Centre |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $11,303 |
| Beds: | 6 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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