501 LYON St
501 LYON St
501 LYON St
+27
$1,069,800
Loading
Loading
$1,069,800
Click to open the pre-gallery to get the direction
Size
-
Lot size
202.34 sqm
Street frontage
W
Possession
immediate
Price per sqm
-
Taxes
$5,408 (2024)
Parking Type
-
Style
-
See what's nearby
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
Show all details
Instant estimate:
orto view instant estimate
$18,226
lower than listed price
i
High
$1,104,153
Mid
$1,051,574
Low
$998,996
314 FLORA St
Create an account
$999,999
Sign up
 or 
Log in
  to view
Kayla Osborne
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X9518677
Listed by RE/MAX HALLMARK REALTY GROUP

About 501 LYON St

Located at 501 Lyon St, this Ottawa duplex is available for sale. It has been listed at $1069800 since August 2024 Situated in Ottawa's Centre Town neighbourhood, The Glebe, Centre Town West, Downtown Ottawa and Lebreton are nearby neighbourhoods.

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.