INVESTMENT OPPORTUNITY! Amazing location Incredible opportunity to own a property minutes away from the heart of the City. Income property located in heart of downtown Ottawa. 547 and 501 Bay is residential/commercial property. Located in the bustling and not far from lively Little Italy, This is an excellent income generating property this property could also be transformed into a multi-unit building with a commercial space on mail floor .currently Main floor has a cafe and Second floor has 2 of 2 two bedroom apartments. This building also has an address of 501 Bay St as a third one bedroom apartment. Total gross rent is 97,200. All the residential units have been fully renovated and rented. The lot on the side of the property provides 4 parking. It also has a full basement can be turned into another use with separate entrance. Commercial unit located on main floor and additional income with 3 residential apartments units makes it unique. 24 hr irrevocable on all offers.
MLS# | X9523590 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Days On Site | 11 |
Listing Provided By | RE/MAX AFFILIATES REALTY LTD. | Not Provided |
Zoning | Commercial/mixed use |
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Province | ON |
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County | Ottawa Centre |
City | Ottawa Centre |
Postal Code | K1R 5N9 |
Area | Ottawa |
Community Name | 4103 Ottawa Centre |
Listing VS Median (in 4103 Ottawa Centre) | |
Price: $1,300,000 low | high Med: $0 On Site: 11 low | high Med: |