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522/524 Bay Street Ottawa, Ontario K1R 6B5

6 Bedroom 5 Bathroom 3000 - 3500 sqft
Forced Air

$1,089,000

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:61872)

Property Details

MLS® Number X12164246
Property Type Multi-family
Community Name 4103 - Ottawa Centre
Equipment Type Water Heater
Rental Equipment Type Water Heater
Structure Patio(s), Porch

Building

Bathroom Total 5
Bedrooms Above Ground 6
Bedrooms Total 6
Age 100+ Years
Appliances Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
Basement Development Unfinished
Basement Type Full (unfinished)
Exterior Finish Brick
Flooring Type Tile
Foundation Type Stone
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 3000 - 3500 Sqft
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 71 Ft
Size Frontage 40 Ft ,8 In
Size Irregular 40.7 X 71 Ft
Size Total Text 40.7 X 71 Ft
Zoning Description R4s

Rooms

Level Type Dimensions
Second Level Bathroom 1.96 m x 1.82 m
Second Level Kitchen 386 m x 2.41 m
Second Level Living Room 4.34 m x 3.04 m
Second Level Primary Bedroom 3.25 m x 2.56 m
Second Level Bedroom 2.35 m x 2.16 m
Second Level Bathroom 2.22 m x 1.72 m
Second Level Kitchen 4.34 m x 2.7 m
Second Level Living Room 4.4 m x 3.12 m
Second Level Primary Bedroom 3.31 m x 2.53 m
Second Level Bedroom 2 3.1 m x 2.15 m
Basement Other 3 m x 3.21 m
Basement Bathroom 1.93 m x 1.53 m
Basement Laundry Room 6.47 m x 4.17 m
Basement Other 3.76 m x 3.23 m
Basement Utility Room 4.74 m x 9.83 m
Basement Other 4.47 m x 4.07 m
Main Level Foyer 3.71 m x 2.12 m
Main Level Living Room 4.52 m x 4.43 m
Main Level Primary Bedroom 4.91 m x 2.66 m
Main Level Living Room 4.59 m x 4.73 m
Main Level Bathroom 2.12 m x 1.43 m
Main Level Kitchen 4.55 m x 4.1 m
Main Level Bathroom 1.98 m x 1.67 m
Main Level Kitchen 4.47 m x 4.08 m
Main Level Primary Bedroom 5.14 m x 2.72 m

Utilities

Cable Installed
Sewer Installed

https://www.realtor.ca/real-estate/28347409/522524-bay-street-ottawa-4103-ottawa-centre

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