514-516 BAY STREET W Ottawa, ON
$ 1,600,000
Property Attributes
  • ID#1237143
  • TypeMulti-Family
  • CityOttawa
  • NeighbourhoodCentre Town
  • Postal CodeK1R 6B3
  • Style
  • Price$ 1,600,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Data Source:
Canadian Real Estate Association
Property Description

Real Estate Investment opportunity in Centre Town. A five unit building built as such Two 1 bed units,Two 2 bed,One 3 bed unit.Heat is electric and tenants pay by separate meters The elecrtrical was updated the last short while and all is up to code with meters placed at front of bldg. The roof is "Rolled Roofing" and is in excellent condition. The driveway is shared and there is parking for 3 cars. This property has two front entrances 514 and 516 Bay St .Bay St is a one way St. going north. This is a quiet residential area of trendy single family homes and some multi family homes .The area features grocery shops,personal services,parks, playgrounds,schools,and public transportation. This is a safe,middle class well educated community. This building is 1940''s vintage, the tenants here love non hirise living.Easy to rent.High demand area. NO SHOWINGS UNTIL A CONDITIONAL OFFER RECEIVED. OWNER AND LISTING AGENTS WILL COOPERATE FULLY WITH A BUYER AND AGENT. Great Investment (id:7434)

General Features

Ammenities Public Transit, Shopping
Building Basement Features Low
Building Cooling Type None
Building Type Duplex
Community Features Adult Oriented
Foundation Type Poured Concrete
More Information Link
Neighbourhood Centre Town
Property Type Multi-family
Zoning Description R4 U D(478)

Interior Features

Basement Development Unfinished
Basement Type Full (Unfinished)
Building Fireplace Present False
Building Heating Fuel Electric
Building Heating Type Baseboard heaters
Flooring Type Carpeted, Mixed Flooring, Laminate

Exterior Features

Exterior Finish Brick, Siding, Wood
Land Amenities Public Transit, Shopping
Parking Space Total 3
Sewer Municipal sewage system


  • 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

AVG $1.6M
AVG 329
AVG 85
Data Provided by Walkscore ® not using MLS data