$ 1.069.800
Ontario Ottawa Centre 4103 Ottawa Centre
501 Lyon Street, Ottawa Centre, ON K1R5X6 Photo 1
30 Photos
501 Lyon Street, Ottawa Centre, ON K1R5X6 Photo 2
501 Lyon Street, Ottawa Centre, ON K1R5X6 Photo 3
501 Lyon Street, Ottawa Centre, ON K1R5X6 Photo 4
501 Lyon Street, Ottawa Centre, ON K1R5X6 Photo 5

501 Lyon Street, Ottawa Centre

  • Type: Duplex
  • Added: 111 days ago
  • Updated: 11 hours ago
  • Last Checked: 3 hours ago
Flooring: Tile, Triplex alteration 90% complete and prepared so you can produce a 6%+ cap rate!! Rents conservatively based on 3units @2100/unit. Tenants pay gas and hydro. All living space above grade. NO BASEMENT UNIT. This classic Victorian building underwent an overhaul in 2017 including a 3 storey addition, attic conversion, 3 separate gas furnaces, fire escapes and balconies, fully re-wired, plumbed, many windows, and separate laundry. Currently set us as legal duplex with one large 4 bedroom 3 BATH unit (2 storey) , and another 2 bedroom unit. Opportunity is there (including 3rd kitchen rough-in and meters) to easily convert to three units. Never a vacancy. 3 hydro meters, and space for the 3rd gas meter when it's time. Tandem parking for 2 cars. Excellent investment in Downtown Ottawa! View slideshow for some extra pics! Maximize Rents and choose your own tenants in Centretown!, Flooring: Hardwood (id:1945)
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Property DetailsKey information about 501 Lyon Street

  • Heating: Forced air, Natural gas
  • Structure Type: Duplex
  • Exterior Features: Steel, Brick
  • Foundation Details: Stone

Interior FeaturesDiscover the interior design and amenities

  • Basement: Unfinished, Full

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 501 Lyon Street

  • Water Source: Municipal water
  • Parking Total: 2
  • Lot Size Dimensions: 33 x 66 FT ; 0

Location & CommunityUnderstand the neighborhood and community

  • Directions: Lyon at Mcleod st.

Utilities & SystemsReview utilities and system installations

  • Sewer: Sanitary sewer

Tax & Legal InformationGet tax and legal details applicable to 501 Lyon Street

  • Tax Annual Amount: 5408
  • Zoning Description: R4S[478]
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Nearby Listings Stat

Active listings
124
Min Price
$274,900
Max Price
$2,695,000
Avg Price
$648,376
Days on Market
65 days
Sold listings
1
Min Sold Price
$609,900
Max Sold Price
$609,900
Avg Sold Price
$609,900
Days until Sold
11 days

Nearby Places

Name
Type
Address
Distance
Ottawa Central Station
It used to have the same management as Montreal's ...
0.2 km
Dey's Arena
It was the home arena of the Ottawa Hockey Club, v...
0.2 km
Centretown
It is defined by the city as "the area bounded on ...
0.3 km
Glashan Public School
It is located in the Centretown neighbourhood betw...
0.3 km
First United Church (Ottawa)
One of Ottawa's oldest congregations, the church f...
0.3 km
Glashan Public School
School
28 Arlington Ave
0.3 km
Centretown United Church
It was built in 1906 as the Stewarton Presbyterian...
0.4 km
St. Elijah's Housing
Elijah's Housing is a building in Ottawa, Canada...
0.5 km
Embassy of Afghanistan in Ottawa
It is located at 240 Argyle Avenue, in downtown Ot...
0.5 km
Centretown Movies Outdoor Film Festival
The festival operates on donation and is run by a ...
0.5 km
Dundonald Park
It occupies a city block, with Somerset Street Wes...
0.5 km
Ottawa Curling Club
It is the oldest curling club in Ottawa, establish...
0.5 km
Additional Information about 501 Lyon Street

This Duplex at 501 Lyon Street Ottawa Centre, ON with MLS Number x9518677 listed by MICHAEL FINNERTY - RE/MAX HALLMARK REALTY GROUP on Ottawa Centre market 111 days ago at $1,069,800

We have found 6 Duplex that closely match the specifications of the property located at 501 Lyon Street with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 649,000 and 1,299,000.

The current price of the property is $1,069,800, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 17% down payment, the total amount borrowed would be $887,934. This would result in a monthly mortgage payment of $5,003 over a 25-year amortization period.

More Details?
MICHAEL FINNERTY
  • MICHAEL FINNERTY
  • RE/MAX HALLMARK REALTY GROUP
  • 613-302-4084

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Comparison of 501 Lyon Street, Ottawa Centre, ON with Nearby Duplexs
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Rockland Real Estate 89 $695.143
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