501 Lyon Street N Ottawa, Ontario K1R 5X5
$1,249,900
400K Seller Take Back available at 2% for 5 years. opportunity in sought after Centretown. Location ++ walking distance to trendy Bank st, Parliament hill, the Glebe, Lansdowne and close to both Universities. This classic Victorian building underwent a complete overhaul in 2017 including a 3 storey addition making for open living spaces, newer kitchen and baths, and good sized bedrooms! Also in 2017, fully re-wired, plumbed, windows, roof, etc. Each unit has its own balcony and laundry too! Currently used as legal duplex with one large 4 bedroom unit (2 storey) , and another 2 bedroom unit. Opportunity is there (including rough-in and meters) easily convert to three units, and maximize the income. Never a vacancy. All have their own hydro meters and hydronic heating systems (2017). Excellent as an investment in downtown Ottawa, or move in and have your tenants help with the mortgage. What a lifestyle!! (id:37742)
Property Details
| MLS® Number | 1289430 |
| Property Type | Multi-family |
| Neigbourhood | Centretown |
| Parking Space Total | 1 |
Building
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Constructed Date | 1907 |
| Cooling Type | None |
| Exterior Finish | Brick, Other |
| Flooring Type | Hardwood |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Surfaced |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Depth | 66 Ft |
| Size Frontage | 33 Ft |
| Size Irregular | 33 Ft X 66 Ft |
| Size Total Text | 33 Ft X 66 Ft |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/24339129/501-lyon-street-n-ottawa-centretown
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June 17 2022 08:12:33
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group