Address
514-516 BAY STREET W Ottawa, ON
Price
$ 1,600,000
Property Attributes
  • ID#1237122
  • TypeMulti-Family
  • CityOttawa
  • NeighbourhoodCentre Town
  • Postal CodeK1R 6B3
  • Style
  • Price$ 1,600,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
RE/MAX HALLMARK REALTY GROUP
Data Source:
Canadian Real Estate Association
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:7434)

General Features

Building Cooling Type None
Foundation Type Poured Concrete
More Information Link https://www.realtor.ca/real-estate/23083732/514-516-bay-street-w-ottawa-centre-town
Neighbourhood Centre Town
Property Type Multi-family
Zoning Description R4 U D(478)

Interior Features

Building Fireplace Present False
Building Heating Fuel Electric
Building Heating Type Baseboard heaters

Exterior Features

Exterior Finish Brick, Siding, Wood
Parking Space Total 3
Sewer Municipal sewage system

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K1R 6B3

Price
AVG $1.6M
$1.6M
Visits
AVG 312
79
Walkscore
AVG 85
85
Data Provided by Walkscore ® not using MLS data