501 LYON Street, Ottawa Centre | Image 1

501 LYON Street

Ottawa Centre, 4103 - Ottawa Centre

  • 0 bed 0 bath
$1,069,800 est.*: $3,624/mo
For Sale

Added 3 months ago

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  • Type: Duplex

  • Lot Size: 33 x 66 Feet

  • Age: No Data

  • Taxes: $5,408 per year

  • Days on Site: 105 Days

  • Added: Aug 07, 2024 (3 months ago)

  • Updated:

  • Last Checked: 8 hours ago

  • MLS®#: X9518677

  • Listed By: Re/max hallmark realty group

Flooring: Tile, 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!, Flooring: Hardwood

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Property

  • Status: Sale

  • Property Type: Duplex

  • Area: Ottawa Centre

  • Community: 4103 - Ottawa Centre

  • Availability Date: immediate

Inside

  • Den/Family Room: No

  • Air Conditioning: None

Utilities

  • Gas: Yes

Building

  • Basement: Full

  • Basement 2: Unfinished

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Brick

  • Exterior: Metal/Side

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Garage Type: Public

  • Total Parking Spaces: 2

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 28, PL 30 , N/S FLORA STREET, AS IN N496071 ; OTTAWA/NEPEA

  • Taxes: $5,408

Highlights

  • Feature: Major Highwa

Land

  • Cross Street: Lyon at Mcleod st.

  • Municipality District: Ottawa Centre

  • Fronting On: West

  • Parcel Number: 041220095

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 66 Feet

  • Lot Frontage: 33 Feet

  • Zoning: R4S[478]

Additional Media

  • Virtual Tour: https://www.londonhousephoto.ca/501-lyon-street-north-ottawa/?ub=true
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Walker's Paradise

  • Daily errands do not require a car.
97 /100

Excellent Transit

  • Most errands can be accomplished by public transportation.
70 /100

Biker's Paradise

  • Daily errands do not require a car.
91 /100
JK-6

Cambridge Street Community Public School

Elementary: Public
0.69 km
JK-8

Centennial Public School

Elementary: Public
0.87 km
JK-6

Corpus Christi Catholic Elementary School

Elementary: Catholic
1.01 km
JK-6

Elgin Street Public School

Elementary: Public
0.96 km
7-8

Glashan Public School

Elementary: Public
0.29 km
JK-6

Mutchmor Public School

Elementary: Public
1.09 km
9-12

Urban Aboriginal Alternate High School

Secondary: Public
1.09 km
9-12

Richard Pfaff Secondary Alternate Site

Secondary: Public
0.41 km
9-12

Immaculata High School

Secondary: Catholic
1.29 km
Pre-Grade 9-12

Lisgar Collegiate Institute

Secondary: Public
1.43 km
9-12

Adult High School

Secondary: Public
1.20 km
Pre-Grade 9-12

Glebe Collegiate Institute

Secondary: Public
0.86 km
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