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