501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa

501 LYON STREET, Ottawa, Ontario

$1,069,900

View slideshow for some extra pics! Maximize Rents and choose your own tenants in Centretown! With a slight alteration this property can produce a 6%+ cap rate!! (based on 3units @2100/unit) Location ++ walking distance to trendy Bank St, Parliament hill, the Glebe, Lansdowne and close to both Universities. This classic Victorian building underwent an overhaul in 2017 including a 3 storey addition making for open living spaces, and good sized bedrooms. Easy to rent! Also in 2017, fully re-wired, plumbed, many windows, etc. Each unit has it’s own balcony and laundry too. Currently used as legal duplex with one large 4 bedroom 3 BATH unit (2 storey) , and another 2 bedroom unit. Opportunity is there (including 3rd kitchen rough-in and meters) to easily convert to three units. Never a vacancy. 3 hydro meters, 3 heating systems (2017), and space for the 3rd gas meter when it's time. Excellent investment in Downtown Ottawa! (id:56241)

  • Listing ID: 1405799
  • Property Type: Multi-family
  • Year Built: 1907
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Details

  • Parking Spaces: 1
  • Transaction: For sale
  • Zoning Description: R4S[478]

Building

  • BasementType: Full (Unfinished)
  • Basement Development: Unfinished
  • Constructed Date: 1907
  • Cooling: None
  • Exterior Finish: Brick, Siding
  • Fireplace Present: False
  • Flooring: Hardwood, Tile
  • Foundation: Stone
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Stories Total: 3
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Access Type: Highway access
  • Sewer: Municipal sewage system
  • Size Frontage: 33 ft
  • Size Irregular: 33 ft X 66 ft
MLS®

Listing provided by RE/MAX HALLMARK REALTY GROUP
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 501 LYON STREET in Ottawa Ontario, was last modified on August 8th, 2024. Contact us to schedule a viewing or to find other properties for sale in Ottawa.

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