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Maria Tompson

Sales Representative
Remax Example Inc., Brokerage Independently owned and operated. 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8 Cell: 416-548-7854Office: 416-548-7854Fax: 416-981-7184Toll Free: 1-866-382-2968

$1,069,800
Available - For Sale
Listing ID: X9518677
501 LYON St , Ottawa Centre, K1R 5X6, Ontario


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
Price $1,069,800
Taxes: $5408.00
Address: 501 LYON St , Ottawa Centre, K1R 5X6, Ontario
Lot Size: 33.00 x 66.00 (Feet)
Directions/Cross Streets: Lyon at Mcleod st.
Rooms: 0
Rooms +: 0
Kitchens: 0
Kitchens +: 0
Family Room: N
Basement: Full, Unfinished
Property Type: Duplex
Exterior: Brick, Metal/Side
Garage Type: Public
Pool: None
Property Features: Major Highwa
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
Utilities-Gas: Y
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP
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At a Glance:
Type: Freehold - Duplex
Area: Ottawa
Municipality: Ottawa Centre
Neighbourhood: 4103 - Ottawa Centre
Style:
Lot Size: 33.00 x 66.00(Feet)
Approximate Age:
Tax: $5,408
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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