Monica Flores

SALES REPRESENTATIVE

501 LYON STREET
Ottawa, Ontario K1R5X6

$1,069,900

ID# 1405799
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:25961)

LEARN MORE ABOUT THIS LISTING

CALL MONICA DIRECT AT

613-725-4121

Courtesy of RE/MAX HALLMARK REALTY GROUP

Listed on: August 08, 2024

On market: 43 days
Year Built 1907
Cooling Type None
Flooring Type Hardwood, Tile
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 3
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Address Price Bed Bath SqFt Area Sub Area Brokerage
1967 TRIM ROAD UNIT4 Ottawa
1967 TRIM ROAD UNIT4
 $384,900 2 2 Ottawa Avalon EXP REALTY
830 ST LAURENT BOULEVARD Ottawa
830 ST LAURENT BOULEVARD
 $749,900 - - 0.12 ac Ottawa Castle Heights ENGEL & VOLKERS OTTAWA
242 RIDEAU STREET UNIT1207 Ottawa
242 RIDEAU STREET UNIT1207
 $419,900 1 1 Ottawa SANDY HILL / BYWARD MARKET HOME RUN REALTY INC.
97 VACHON AVENUE Ottawa
97 VACHON AVENUE
 $2,695,000 - - 79.99 ft X 90 ft Ottawa Vanier COLDWELL BANKER SARAZEN REALTY
1140 WELLINGTON STREET W UNIT707 Ottawa
1140 WELLINGTON STREET W UNIT707
 $2,660 2 2 * ft X * ft Ottawa HINTONBURG/WELLINGTON WEST ROYAL LEPAGE TEAM REALTY
98 PIZZICATO STREET Ottawa
98 PIZZICATO STREET
 $649,990 4 4 30.57 ft X 68.79 ft Ottawa Chapel Hill South EXP REALTY
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Monica flores

SALES REPRESENTATIVE

Direct: 613-725-4121

mflores@royallepage.ca

Royal LePage Team Realty

1723 Carling Ave,

Ottawa, ON K2A 1C8

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