613.296.0473

501 LYON STREET
Ottawa Centre (4103 - Ottawa Centre), Ontario K1R5X6

$1,069,800

ID# X9518677

Forced air

Flooring: Tile, Triplex alteration 90% complete and prepared so you can produce a 6%+ cap rate!! Rents conservatively based on 3units @2100/unit. Tenants pay gas and hydro. All living space above grade. NO BASEMENT UNIT. This classic Victorian building underwent an overhaul in 2017 including a 3 storey addition, attic conversion, 3 separate gas furnaces, fire escapes and balconies, fully re-wired, plumbed, many windows, and separate laundry. Currently set us 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, and space for the 3rd gas meter when it's time. Tandem parking for 2 cars. Excellent investment in Downtown Ottawa! View slideshow for some extra pics! Maximize Rents and choose your own tenants in Centretown!, Flooring: Hardwood (id:25961)

LEARN MORE ABOUT THIS PROPERTY

Courtesy of RE/MAX HALLMARK REALTY GROUP

Listed on: August 08, 2024

On market: 111 days

Heating Type	Forced air
Heating Fuel	Natural gas

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501 LYON STREET Ottawa Centre (4103 - Ottawa Centre), Ontario K1R5X6

Forced air

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411 - 383 CUMBERLAND STREET Lower Town - Sandy Hill (4001 - Lower Town/Byward Market) $1,999 Beds: 1 Baths:1 Sq Ft:ArrayEDA RASOOLI

1285 CAHILL DRIVE UNIT1604 Ottawa $349,900 Beds: 2 Baths:1 Sq Ft:ArraySteve Peippo

55 LAKE AVENUE E Carleton Place (909 - Carleton Place) $699,900 Beds: Baths: Sq Ft:ArrayRAMSAY FERGUSON

2786 HIGHWAY 34 Champlain (614 - Champlain Twp) $1,250,000 Beds: 5 Baths:5 Sq Ft:ArrayCEDRICK GAUTHIER

1304 AVENUE P AVENUE Alta Vista and Area (3601 - Eastway Gardens/Industrial Park) $814,900 Beds: 3 Baths:3 Sq Ft:ArrayJ.F. PERRAS

380 FISHER STREET North Bay $750,000 Beds: Baths: Sq Ft:ArrayBROOKE KELLY-SIPES

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