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$1,025,000
522/524 BAY STREET
Ottawa, Ontario, Ontario, K1R6B5
MLS® Number: X12164246
Property description
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.
Building information
Type
*****
Age
*****
Appliances
*****
Basement Development
*****
Basement Type
*****
Exterior Finish
*****
Flooring Type
*****
Foundation Type
*****
Half Bath Total
*****
Heating Fuel
*****
Heating Type
*****
Size Interior
*****
Stories Total
*****
Utility Water
*****
Land information
Sewer
*****
Size Depth
*****
Size Frontage
*****
Size Irregular
*****
Size Total
*****
Rooms
Main level
Primary Bedroom
*****
Kitchen
*****
Bathroom
*****
Kitchen
*****
Bathroom
*****
Living room
*****
Primary Bedroom
*****
Living room
*****
Foyer
*****
Basement
Other
*****
Utility room
*****
Other
*****
Laundry room
*****
Bathroom
*****
Other
*****
Second level
Bedroom 2
*****
Primary Bedroom
*****
Living room
*****
Kitchen
*****
Bathroom
*****
Bedroom
*****
Primary Bedroom
*****
Living room
*****
Kitchen
*****
Bathroom
*****
Main level
Primary Bedroom
*****
Kitchen
*****
Bathroom
*****
Kitchen
*****
Bathroom
*****
Living room
*****
Primary Bedroom
*****
Living room
*****
Foyer
*****
Basement
Other
*****
Utility room
*****
Other
*****
Laundry room
*****
Bathroom
*****
Other
*****
Second level
Bedroom 2
*****
Primary Bedroom
*****
Living room
*****
Kitchen
*****
Bathroom
*****
Bedroom
*****
Primary Bedroom
*****
Living room
*****
Kitchen
*****
Bathroom
*****
Courtesy of ROYAL LEPAGE PERFORMANCE REALTY
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