501 LYON St

Ottawa Centre | 4103 - Ottawa Centre | K1R 5X6
  • 0
  • 0
  • 0

Ask: $1,069,900 $1,069,800

Est. Mtg $3,627 /mo
  • Days on market

    114

  • Status

    New

Listing Broker RE/MAX HALLMARK REALTY GROUP
Since listed: 1 views

Home details

MLS #:

X9518677

Property type:
Duplex
Style:
Taxes:
$5,408
Possession:
immediate
Lot Front:
33.0   Feet
Lot Depth:
66.0   Feet
Basement:
Full | Unfinished
Driveway Pkg:
0
Heat:
Gas | Forced Air

Description


501 LYON St, , Ottawa Centre, Ontario is a Duplex property in Ottawa Centre and in the 4103 - Ottawa Centre community in the K1R 5X6 postal code


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.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-08 2024-11 $1,069,900 $1,069,800 New X9518677

Comparables

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sold Date Address List Price sold Price DOM
2024-10 552 BAY St, $675,000 $600,000 34
2024-05 280 ARLINGTON Ave, $759,000 $740,000 38

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Ottawa Centre :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 501 LYON St

Based on available 3rd party data

$4213

Approximate costs per month

Mortgage
$3627 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$450 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Major Highway
Listing Broker RE/MAX HALLMARK REALTY GROUP
Data Source: TRREB

Payment calculator

$4078 monthly. In association with: TD Bank
%
  • Principal and Interest
    3627 /mo
  • Property Taxes
    $450 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mimmo Galatti, Realtor

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