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Home ON Ottawa - Gatineau Ottawa Centretown
514-516 BAY STREET W
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$1,600,000
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514-516 BAY STREET W
Ottawa, Ontario K1R6B3

MLS® Number: 1237143
0
Bathrooms
-
Square Feet

Listing Description

Real Estate Investment opportunity in Centre Town. A five unit building built as such Two 1 bed units,Two 2 bed,One 3 bed unit.Heat is electric and tenants pay by separate meters The elecrtrical was updated the last short while and all is up to code with meters placed at front of bldg. The roof is "Rolled Roofing" and is in excellent condition. The driveway is shared and there is parking for 3 cars. This property has two front entrances 514 and 516 Bay St .Bay St is a one way St. going north. This is a quiet residential area of trendy single family homes and some multi family homes .The area features grocery shops,personal services,parks, playgrounds,schools,and public transportation. This is a safe,middle class well educated community. This building is 1940''s vintage, the tenants here love non hirise living.Easy to rent.High demand area. NO SHOWINGS UNTIL A CONDITIONAL OFFER RECEIVED. OWNER AND LISTING AGENTS WILL COOPERATE FULLY WITH A BUYER AND AGENT. Great Investment (5148790)

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
3
Neighbourhood Name
Centre Town
Land Size
37.01 ft X 99 ft
Annual Property Taxes
$9,630
Total Parking Spaces
3
Time on REALTOR.ca
1374 days

Building

Bathrooms
Total
0
Partial
0
Interior Features
Flooring
Carpeted, Mixed Flooring, Laminate
Basement Features
Low
Basement Type
Full (Unfinished)
Building Features
Foundation Type
Poured Concrete
Fire Protection
None
Total Units
5
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Communications
Cable Internet access
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Siding, Wood
Neighbourhood Features
Community Features
Adult Oriented
Amenities Nearby
Public Transit, Shopping
Parking
Total Parking Spaces
3

Land

Lot Features
Frontage
37 ft
Land Depth
99 ft
Present Use
Development residential
Other Property Information
Zoning Description
R4 U D(478)
Lease Type
Other, See Remarks
Data provided by: Ottawa Real Estate Board 1256 Woodward, Ottawa, Ontario K2K 3L1

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