17 days on Market

522/524 Bay St, Ottawa, Ontario K1R 6B5

Townhouse
6
5
~3000-3500 sqft
$1,089,000
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Townhouse
6
5
~3000-3500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$337/sqft

Est. Mortgage$4,677/mo

Tax Amount (2024)$11,303/yr

Days On Market17 days


Description

Attention savvy investors! Welcome to #522/524 Bay Street, an incredible opportunity to own a well-maintained fourplex in the heart of Centretown! Ideally located on a quiet cul-de-sac just steps from Bank Street, the Glebe and the downtown core. This low-maintenance building offers two bright and airy 2-bed units plus two generous 1-bed units, each with access to sprawling unfinished basement space and excellent storage. Tenants enjoy in-suite laundry, private outdoor spaces, and exceptional walkability to shops, restaurants, transit, and amenities. Uniquely versatile, this rare offering provides option to maintain the current 4-unit layout, owner occupy unit 1-524 as a pied-de terre, set your own rent with a future tenant or explore the option to sever the property into two parcels (each half of the building has its own water supply and sewer line). With stable tenants and minimal groundskeeping, this established income property is a healthy addition to any portfolio with a strong cap rate. Invest confidently in one of Ottawas most sought-after rental locations. Some photos virtually staged. 24 hours irrevocable on all offers.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~3000-3500 SqFt
Lot Size2,887 SqFt(71 x 40.67)
Parking Spaces-
MLS ®NumberX12164246
Community NameCity of Ottawa
Data SourceTRREB
Listing byROYAL LEPAGE PERFORMANCE REALTY

Features

Heating: Forced Air
Basement: Full, Unfinished

Main Floor

Living

4.59 x 4.73

Combined W/Dining

Bathroom

1.98 x 1.67

3 Pc Bath

Kitchen

4.47 x 4.08

W/O To Patio

Primary

5.14 x 2.72

Closet


Features

Lot size: 2,887 SqFt

Property History

May 22, 2025
ListedActive
$1,089,000
17 days on market
history photo preview48
Listing by trreb®
Property listed by ROYAL LEPAGE PERFORMANCE REALTY, Brokerage

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Market Data - City of Ottawa

Geo Zone Map ThumbnailCity of Ottawa

Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

25 days

Compared to

2024

22 days

2023

16 days

2022

9 days

New Listings

Past 30 days

626 listings

Compared to

2024

679 listings

2023

601 listings

2022

718 listings

Units sold

Past 30 days

368 units

Compared to

2024

416 units

2023

452 units

2022

462 units

Median Sold Price

Past 30 days

$625,000

Compared to

2024

$600,000

2023

$583,250

2022

$615,000


What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget