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)

INTERESTING IN LEARNING MORE ABOUT THIS PROPERTY?

CONTACT US
Courtesy of RE/MAX HALLMARK REALTY GROUP

Listed on: August 08, 2024

On market: 41 days
Year Built 1907
Cooling Type None
Flooring Type Hardwood, Tile
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 3
Add CMHC fee.
Purchase Price
Down Payment or Equity
Amount of Mortgage
system will calculate
Current Interest Rate
Amortization Period
years
Payment Schedule
Monthly Payment (principal & interest)
system will calculate
Grid List Table Map
20 DALY AVENUE UNIT1710 Ottawa

$649,900
2 Bedrooms |2 Bathrooms
20 DALY AVENUE UNIT1710
OTTAWA
Located in the heart of downtown Ottawa, Arthaus Condos offers modern design and convenience. This spacious 2-bed, 2-bath corner unit on the 17th floor provides breathtaking city views through floor-to-ceiling windows, flooding the space with natural light. The open-concept layout features engineered hardwood and pot lights throughout. The sleek kitchen boasts ample storage, stone countertops, stainless steel appliances, and an island with room for seating. This unit comes with a storage...
2002 GATINEAU VIEW CRESCENT Ottawa

$549,900
3 Bedrooms |2 Bathrooms
2002 GATINEAU VIEW CRESCENT
OTTAWA
Semi-detached in Beacon Hill North. Main floor features large Living room, Dining room, Kitchen, Full Bathroom (Bathroom Fully Renovated 2023), Primary Bedroom, and two good-sized bedrooms. All vinyl flooring (2023) in main floor. Light fixtures (2023) in the entrance, living room, dining room, kitchen, hallway, and bedrooms. Lower level features a large Rec room, Bathroom with stand-up shower, Laundry, and storage. Close to schools, shopping, bus stops, and parks.
677 BORTHWICK AVENUE Ottawa

$649,000
677 BORTHWICK AVENUE
OTTAWA
A flexable purpose built duplex. Rent both for about $40,000 or live in one and have much of your mortgage paid for you. Never a problem to rent. Both units are bright and get lots of sunshine. Lots of parking. Nice yards and lots of space to garden and play. Easy access to downtown, shopping, highways and greenspace. Recent repaires include basement, roof replacement and new, purchased hot water heater (see attachments). Sales person is an owner of the property.
60 SHOREHAM AVENUE Ottawa

$814,900
3 Bedrooms |3 Bathrooms
60 SHOREHAM AVENUE
OTTAWA
Lovely detached home in the highly desirable Craig Henry neighbourhood. This 2-storey home offers a perfect blend of comfort & style. The hardwood flrs throughout the main lvl adds warmth to the open-concept design connecting the living/dining rm and kitchen. The well-appointed kitchen features a large island w/ a breakfast bar, ample cabinetry, & sleek SS appliances, ensuring that cooking is both enjoyable and efficient. Relax by the wood-burning fireplace in the family rm, which also...
310 CENTRAL PARK DRIVE UNIT9D Ottawa

$329,900
1 Bedrooms |1 Bathrooms
310 CENTRAL PARK DRIVE UNIT9D
OTTAWA
Bright & sunny one bedroom PLUS den in sought after Central Park! The open-concept living and dining area is bright and airy, featuring large windows that flood the space with natural light. The well-appointed kitchen comes with ample cabinet space, and a breakfast bar, making it a great place to whip up your favorite meals. In-unit washer and dryer. Don't miss out on this fantastic opportunity!
310 CENTRAL PARK DRIVE UNIT3A Ottawa

$309,900
1 Bedrooms |1 Bathrooms
310 CENTRAL PARK DRIVE UNIT3A
OTTAWA
Bright & sunny one bedroom PLUS den in sought after Central Park! The open-concept living and dining area is bright and airy, featuring large windows that flood the space with natural light. The well-appointed kitchen comes with ample cabinet space, and a breakfast bar, making it a great place to whip up your favorite meals. In-unit washer and dryer. Don't miss out on this fantastic opportunity!
Address Price Bed Bath SqFt Area Sub Area Brokerage
20 DALY AVENUE UNIT1710 Ottawa
20 DALY AVENUE UNIT1710
 $649,900 2 2 Ottawa Sandy Hill EXP REALTY
2002 GATINEAU VIEW CRESCENT Ottawa
2002 GATINEAU VIEW CRESCENT
 $549,900 3 2 36.5 ft X 103.06 ft Ottawa Beacon Hill North INNOVATION REALTY LTD.
677 BORTHWICK AVENUE Ottawa
677 BORTHWICK AVENUE
 $649,000 - - 60 ft X 88 ft Ottawa Forbes TRU REALTY
60 SHOREHAM AVENUE Ottawa
60 SHOREHAM AVENUE
 $814,900 3 3 37.35 ft X 100 ft Ottawa Craig Henry EQUITY ONE REAL ESTATE INC.
310 CENTRAL PARK DRIVE UNIT9D Ottawa
310 CENTRAL PARK DRIVE UNIT9D
 $329,900 1 1 Ottawa Central Park FIDACITY REALTY
310 CENTRAL PARK DRIVE UNIT3A Ottawa
310 CENTRAL PARK DRIVE UNIT3A
 $309,900 1 1 Ottawa Central Park FIDACITY REALTY
Search

LizWardhaugh

Sales Representative

Direct: 613.884.6652

lizwardhaugh@royallepage.ca

Anita deVries Bonneau

Sales Representative BA. LL.B.

Direct: 613-299-1547

anitadbonneau@royallepage.ca

Every client a V.I.P , every house a home.

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner. 

powered by webkits