501 LYON STREET
Ottawa, Ontario K1R5X6


  • 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

$1,069,800

ID# 1405799

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)
Courtesy of RE/MAX HALLMARK REALTY GROUP

Listed on: August 08, 2024

On market: 93 days
Year Built 1907
Cooling Type None
Flooring Type Hardwood, Tile
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 3

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TESTIMONIALS

What Colleen's clients are saying...

"I have worked with Colleen for years and she has sold countless properties for us. She always offers sage advice preparing a house for sale and has a proven ability to negotiate and close the deal in a timely manner. Her professionalism is beyond reproach and she is truly a pleasure to work with.."

ANDREW seller 

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Colleen & Connor McBride

Realtors


(613) 291-9909 - Colleen

(613) 808-9895 - Connor

Colleen.mcbride99@gmail.com

connormcbride007@gmail.com

 

RE/MAX Hallmark® Realty Group

Brokerage, Independently Owned & Operated

610 Bronson Ave

Ottawa, Ontario K1S 4E6

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501 LYON STREET