ON > Ottawa Centre > 4103 - Ottawa Centre
Ottawa Centre, ON K1R 6B5,522/524 Bay ST
Ottawa Centre, ON K1R 6B5,522/524 Bay ST
Ottawa Centre, ON K1R 6B5,522/524 Bay ST
Ottawa Centre, ON K1R 6B5,522/524 Bay ST
Ottawa Centre, ON K1R 6B5,522/524 Bay ST
Ottawa Centre, ON K1R 6B5,522/524 Bay ST
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Peter Torkan

Peter Torkan

+1(416) 847-5288
$ 1,089,000
Est. payment | /mo

6 Beds

5 Baths

Save
$ 1,089,000
Est. payment | /mo
Save

6 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 4103 - Ottawa Centre

MLS Listing ID X12164246

Style 2-Storey

Bedrooms 6

Building Age 100+

Annual Tax Amount $11,303

Tax Year 2024

Property Sub-Type Fourplex

Property Description

Attention savvy investors! Welcome to #522/524 Bay Street, an incredible opportunity to own a well-maintained fourplex in the heart of Centretown! Ideally located on a quiet cul-de-sac just steps from Bank Street, the Glebe and the downtown core. This low-maintenance building offers two bright and airy 2-bed units plus two generous 1-bed units, each with access to sprawling unfinished basement space and excellent storage. Tenants enjoy in-suite laundry, private outdoor spaces, and exceptional walkability to shops, restaurants, transit, and amenities. Uniquely versatile, this rare offering provides option to maintain the current 4-unit layout, owner occupy unit 1-524 as a pied-de terre, set your own rent with a future tenant or explore the option to sever the property into two parcels (each half of the building has its own water supply and sewer line). With stable tenants and minimal groundskeeping, this established income property is a healthy addition to any portfolio with a strong cap rate. Invest confidently in one of Ottawas most sought-after rental locations. Some photos virtually staged. 24 hours irrevocable on all offers.

Location

Province ON

County Ottawa

Community 4103 - Ottawa Centre

Area Ottawa

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 4

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Patio, Porch

Parking Features None

Pool None

Roof Type Tar and Gravel,Asphalt Rolled

Lot Frontage 40.67

Lot Depth 71.0

Building

Foundation Stone

Others

ParcelsYN No

Listed by ROYAL LEPAGE PERFORMANCE REALTY
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 847-5288

peter.torkan@theagencyre.com

378 Fairlawn Ave, York, M5M, 1T8, Canada

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522/524 Bay ST