514-516 Bay Street W, Ottawa, Ontario K1R6B3

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$1,600,000
List Price
$1,600,000
Price Change
▼ $150,000 1619850737
MLS®
1237122
Days on Market
29
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Subdivision
Centre Town

Property Description

Here is a Real Estate Investment opportunity in Centre Town Ottawa. A Five (5) unit building built as such. Two x1, Two x2 and One x3 bedroom unit. Its electric heat and tenants pay the heat in their unit. The electrical was updated in the last few years and it is all up to code with meters at front of building.The roof is "rolled roofing" and is in excellent condition.The driveway is shared with the neighbour and there is parking for 3 cars. This property has two front entrances 514 and 516 Bay street. Bay street is a one way street going north. This is a quiet residential area of trendy single family homes and multi family buildings.The area is close to grocery shops, personal services , parks, playgrounds and public transportation. This is a safe middle class well educated community. WITH COVID RESRTICTIONS NO SHOWINGS ALLOWED UNTIL A CONDITIONAL AGREEMENT OF PURCHASE AND SALE IS COMPLETED--OWNERS AND LISTING AGENT WILL COOPERATE FULLY WITH A BUYER (id:2579)

Additional Information

Ownership
Freehold
Heating Fuel
Electric
Subdivision
Centre Town
Parking Spaces
3
Levels
3
Country
Canada
Sewer
Municipal sewage system
Frontage Length
37 ft
Heating
Baseboard heaters
Total Number Of Units
5
Stories
3

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks