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$1,069,800
Available - For Sale
Listing ID: X9518677
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
Price $1,069,800
Taxes: $5,408
Address: 501 LYON St , Ottawa Centre, K1R 5X6, Ontario
Lot Size: 33 x 66 (Feet)
Directions/Cross Streets: Lyon at Mcleod st.
Rooms: 0
Rooms +: 0
Kitchens: 0
Kitchens +: 0
Family Room: N
Basement: Full
Unfinished
Property Type: Duplex
Exterior: Brick
Metal/Side
Garage Type: Public
Pool: None
Property Features: Major Highwa
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
Utilities-Gas: Y
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP

501 LYON St , Ottawa Centre, K1R 5X6, Ontario

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Duplex
Area: Ottawa
Municipality: Ottawa Centre
Neighbourhood: 4103 - Ottawa Centre
Style:
Lot Size: 33.00 x 66.00(Feet)
Approximate Age:
Tax: $5,408
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool: None
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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