6 Beds 5 Bath

522/524 Bay Street, OttawaCentre, ON K1R 6B5

Ottawa Centre K1R 6B5 Ontario

MLS: X12164246

$1,089,000

Added 4 days ago | For Sale

Listed by: ROYAL LEPAGE PERFORMANCE REALTY

About Property

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.

Features

  • House Style:Fourplex
  • Bathrooms:5
  • Land Size: 40.67 X 71
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Bay and McLeod
  • Basement:Full,Unfinished , Full,Unfinished
  • Possession Date:TBA
  • Annual Property taxes: $11303
  • Bedrooms:6
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:X12164246

Level Type Features Dimensions
Main Foyer 12 ft, 2 in x 6 ft, 11 in
Living Room Combined w/Dining 15 ft, 1 in x 15 ft, 6 in
Bathroom 3 Pc Bath 6 ft, 6 in x 5 ft, 6 in
Kitchen W/O To Patio 14 ft, 8 in x 13 ft, 5 in
Primary Bedroom Closet 16 ft, 10 in x 8 ft, 11 in
Living Room Combined w/Dining 14 ft, 10 in x 14 ft, 6 in
Primary Bedroom Closet 16 ft, 1 in x 8 ft, 9 in
Bathroom 3 Pc Bath 6 ft, 11 in x 4 ft, 8 in
Kitchen Eat-in Kitchen, W/O To Patio, B/I Dishwasher 14 ft, 11 in x 13 ft, 5 in
Second Living Room Combined w/Dining, Closet 14 ft, 5 in x 10 ft, 3 in
Primary Bedroom Closet 10 ft, 10 in x 8 ft, 4 in
Bedroom 2 Closet 10 ft, 2 in x 7 ft, 1 in
Bathroom 3 Pc Bath 6 ft, 5 in x 6 ft
Kitchen W/O To Deck, Combined w/Laundry 1266 ft, 5 in x 7 ft, 11 in
Living Room Combined w/Dining, Closet 14 ft, 3 in x 10 ft
Primary Bedroom 10 ft, 8 in x 8 ft, 5 in
Bedroom Closet 7 ft, 9 in x 7 ft, 1 in
Bathroom 3 Pc Bath 7 ft, 3 in x 5 ft, 8 in
Kitchen Eat-in Kitchen, W/O To Deck, Combined w/Laundry 14 ft, 3 in x 8 ft, 10 in
Basement Utility Room Combined w/Laundry, Unfinished 15 ft, 7 in x 32 ft, 3 in
Other Unfinished 14 ft, 8 in x 13 ft, 4 in
Other Finished, Tile Floor 9 ft, 10 in x 10 ft, 6 in
Furnace Room Unfinished 8 ft, 4 in x 6 ft, 4 in
Bathroom 2 Pc Bath, Partly Finished 6 ft, 4 in x 5 ft
Laundry Unfinished 21 ft, 3 in x 13 ft, 8 in
Other Unfinished 12 ft, 4 in x 10 ft, 7 in

No property rooms available.

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