501 LYON St

501 LYON St
501 LYON St
501 LYON St
+27
$1,069,800
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$1,069,800
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Size
-
Lot size
202.34 sqm
Street frontage
W
Possession
immediate
Price per sqm
-
Taxes
$5,408 (2024)
Parking Type
-
Style
-
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Description
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

EXTRAS:
Broker: RE/MAX HALLMARK REALTY GROUP
MLS®#: X9518677
Property details
Parking:
2
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
-
MLS Size:
-
Lot front:
10.06 M
Lot depth:
20.12 M
Listed on:
Aug 9, 2024
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Instant estimate:
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$38,854
lower than listed price
i
High
$1,082,493
Mid
$1,030,946
Low
$979,399
Shauna Arthurs
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X9518677
Listed by RE/MAX HALLMARK REALTY GROUP

About 501 LYON St

501 Lyon St is an Ottawa duplex for sale, near Lyon at Mcleod st.. This duplex was listed at $1069800 in August 2024

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this duplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.