501 LYON STREET
Ottawa, Ontario K1R5X6

$1,069,800

None Forced air

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! (id:25961)
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
  • 501 LYON STREET Ottawa
Request a Showing
Sending
Courtesy of RE/MAX HALLMARK REALTY GROUP

Listed on: August 08, 2024

On market: 107 days
Virtual Tour
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

YOU MAY ALSO BE INTERESTED IN…

image

2597 NORTH CAMPBELL ROAD

Augusta

$799,000

Chris McCorkell
image

739 PRINCIPALE STREET UNIT3

Casselman

$1,695

Anthony Donnelly
image

528 MACLAREN STREET UNIT3

Ottawa

$1,695

Aliya Adatia | Sales Representative
image

383 CUMBERLAND STREET UNIT411

Ottawa

$1,999

Eda Rasooli
image

32 ROUNDHAY DRIVE UNITB

Ottawa

$1,800

Leon (Itai) Olej
image

1285 CAHILL DRIVE UNIT1604

Ottawa

$349,900

Steve Peippo
image

72 HELENE STREET

Crysler

$640,000

Matt Gibbs
image

870 RIDDELL AVENUE N

Ottawa

$739,900

Ryan Rogers
image

1352 RAVEN AVENUE

Ottawa

$2,000

Kevin Feely
image

618 LATIMER ROAD

South Mountain

$559,000

Mark Payment
image

55 LAKE AVENUE E

Carleton Place

$699,900

Ramsay Ferguson
image

2786 HIGHWAY 34 HIGHWAY

Hawkesbury

$1,250,000

Cedrick Gauthier
image

626 DUNDONALD DRIVE

Ottawa

$699,900

Geoff Walker
image

1304 AVENUE P AVENUE

Ottawa

$814,900

J.F. Perras
image

38 STONEBRIAR DRIVE

Ottawa

$575,000

Jen Donnelly
image

380 FISHER STREET

North Bay

$750,000

Brooke Kelly-Sipes
image

2418 CARLSEN AVENUE

Ottawa

$825,000

Lanna McGlade
image

814 MOCHI CIRCLE

Ottawa

$699,000

Heidi Mohtat
image

1303 HILLY LANE

Kemptville

$757,000

Linda Williams | Broker
image

191 BEATRICE DRIVE

Ottawa

$529,900

Julie Patterson
image

1564 SCOTTANNE STREET

Ottawa

$1,099,000

Chantal Maher
image

100 TAY STREET

Ottawa

$1,099,000

Debra Cherry
image

1352 RAVEN AVENUE

Ottawa

$458,888

Kevin Feely
image

131 CASSIDY CRESCENT

Carleton Place

$1,099,000

James Wright | Sales Representative
image

242 RIDEAU STREET UNIT405

Ottawa

$339,900

Jason Pilon
Previous
Next