Listed by Re/Max Hallmark Realty Group.

501 LYON Street is a Duplex and is currently for Sale @ $1,069,800. Taxes in 2024 were $5,408.00.

More homes for sale under 1.1M in Ottawa Centre

Flooring: Tile, Triplex alteration 90% complete and prepared so you can produce a 6%+ cap rate!! Rents conservatively based on 3units @2100/unit. The home on 501 LYON Street has 0 bedrooms, 0 bathrooms, and is located on a 66.00 x 33.00 ft lot in the community of 4103 - Ottawa Centre . 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

The address 501 LYON Street was listed for sale (MLS# X9518677) on Thursday, August 08, 2024.