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501 Lyon Street N Ottawa, Ontario K1R 5X5

None Forced Air

$1,279,000

Amazing opportunity in sought after Centretown. Location ++ walking distance to trendy Bank st, Parliament hill, the Glebe, Lansdowne and close to both Universities. This classic Victorian building underwent a complete overhaul in 2017 including a 3 storey addition making for open living spaces, newer kitchen and baths, and good sized bedrooms! Also in 2017, fully re-wired, plumbed, windows, roof, etc. Each unit has its own balcony and laundry too! Currently used as legal duplex with one large 4 bedroom unit (2 storey) , and another 2 bedroom unit. Opportunity is there (including rough-in and meters) easily convert to three units, and maximize the income. Never a vacancy. All have their own hydro meters and hydronic heating systems (2017). Excellent as an investment in downtown Ottawa, or move in and have your tenants help with the mortgage. What a lifestyle!! (id:36465)

Property Details

MLS® Number 1289430
Property Type Multi-family
Neigbourhood Centretown
Parking Space Total 1

Building

Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1907
Cooling Type None
Exterior Finish Brick, Other
Flooring Type Hardwood
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type Duplex
Utility Water Municipal Water

Parking

Surfaced

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 66 Ft
Size Frontage 33 Ft
Size Irregular 33 Ft X 66 Ft
Size Total Text 33 Ft X 66 Ft
Zoning Description Residential

https://www.realtor.ca/real-estate/24339129/501-lyon-street-n-ottawa-centretown

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