522/524 Bay St, Ottawa, Ontario K1R 6B5
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.Not 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
Interior
Features
Main Floor
Living
4.59 x 4.73Combined W/Dining
Bathroom
1.98 x 1.673 Pc Bath
Kitchen
4.47 x 4.08W/O To Patio
Primary
5.14 x 2.72Closet
Exterior
Features
Property History

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