522/524 BAY STREET

Ottawa, , K1R6B5, Canada

$1,089,000

Attention savvy investors! Welcome to #522/524 Bay Street, an incredible opportunity to own a well-maintained fourplex in the heart of Centretown! Ideally located on a quiet cul-de-sac just steps from Bank Street, the Glebe and the downtown core. This low-maintenance building offers two bright and airy 2-bed units plus two generous 1-bed units, each with access to sprawling unfinished basement space and excellent storage. Tenants enjoy in-suite laundry, private outdoor spaces, and exceptional walkability to shops, restaurants, transit, and amenities. Uniquely versatile, this rare offering provides option to maintain the current 4-unit layout, owner occupy unit 1-524 as a pied-de terre, set your own rent with a future tenant or explore the option to sever the property into two parcels (each half of the building has its own water supply and sewer line). With stable tenants and minimal groundskeeping, this established income property is a healthy addition to any portfolio with a strong cap rate. Invest confidently in one of Ottawas most sought-after rental locations. Some photos virtually staged. 24 hours irrevocable on all offers.

EXTRAS: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan

Virtual Tour: https://youtu.be/78HEHio146g

Last updated on : Friday 30th of May 2025 01:05:42 PM

ADDRESS

Street : 522/524 BAY STREET

City : Ottawa

Country : Canada

Postal Code : K1R6B5

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PROPERTY SUMMARY

Property ID : X12164246

Building Type : Fourplex

Property Type : Multi-family

Bedrooms : 6

Bathrooms : 5 + 1

Parking Type: No Garage

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