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522/524 Bay Street Image 1

$1,089,000

5 hours agoFourplex For Sale
bedrooms6bed
washrooms5bath
MLS - #X12164246

522/524 Bay Street, Ottawa Centre, ON K1R 6B5

0
Similar Homes Found
$0
Average Price
108900000.0%
Higher than average

Price Comparison

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Property Description

Property type

Fourplex

Lot size

N/A

Style

2-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Foyer3.71 x 2.12 mN/AMain
Living Room4.59 x 4.73 mCombined w/DiningMain
Bathroom1.98 x 1.67 m3 Pc BathMain
Kitchen4.47 x 4.08 mW/O To PatioMain

About 522/524 Bay Street

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.

Home Overview

Last updated

5 hours ago

Virtual tour

None

Basement information

Full, Unfinished

Building size

--

Status

In-Active

Property sub type

Fourplex

Maintenance fee

$N/A

Year built

--

Listed by ROYAL LEPAGE PERFORMANCE REALTY

Additional Details

Basement:Full, Unfinished
Cooling:None
Heating:Forced Air
Parking Features:None

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 522/524 Bay Street

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