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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$1,089,000
Available - For Sale
Listing ID: X12164246
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: $11,303
Occupancy by: 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
Washrooms: 5
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 8.30 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 7.90 W/O To Deck, Combined w/Laundry
Room 13: Main Living Ro 14.83 14.53 Combined w/Dining
Room 14: Main Primary B 16.10 8.72 Closet
Room 15: Main Bathroom 6.95 4.69 3 Pc Bath
No. of Pieces Level
Washroom 1:  3
Washroom 2:  2
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
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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ROYAL LEPAGE PERFORMANCE REALTY

522/524 Bay Stre , Ottawa Centre, K1R 6B5, Ottawa

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Freehold - Fourplex
Area: Ottawa
Municipality: Ottawa Centre
Neighbourhood: 4103 - Ottawa Centre
Style: 2-Storey
Lot Size: x 71.00(Feet)
Approximate Age: 100+
Tax: $11,303
Maintenance Fee: $0
Beds: 6
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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