522/524 Bay Street Ottawa, Ontario K1R 6B5
$1,025,000
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. (id:19720)
Property Details
| MLS® Number | X12164246 |
| Property Type | Multi-family |
| Community Name | 4103 - Ottawa Centre |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
| Structure | Patio(s), Porch |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Age | 100+ Years |
| Appliances | Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Exterior Finish | Brick |
| Flooring Type | Tile |
| Foundation Type | Stone |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 3,000 - 3,500 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 71 Ft |
| Size Frontage | 40 Ft ,8 In |
| Size Irregular | 40.7 X 71 Ft |
| Size Total Text | 40.7 X 71 Ft |
| Zoning Description | R4s |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 1.96 m | 1.82 m | 1.96 m x 1.82 m |
| Second Level | Kitchen | 386 m | 2.41 m | 386 m x 2.41 m |
| Second Level | Living Room | 4.34 m | 3.04 m | 4.34 m x 3.04 m |
| Second Level | Primary Bedroom | 3.25 m | 2.56 m | 3.25 m x 2.56 m |
| Second Level | Bedroom | 2.35 m | 2.16 m | 2.35 m x 2.16 m |
| Second Level | Bathroom | 2.22 m | 1.72 m | 2.22 m x 1.72 m |
| Second Level | Kitchen | 4.34 m | 2.7 m | 4.34 m x 2.7 m |
| Second Level | Living Room | 4.4 m | 3.12 m | 4.4 m x 3.12 m |
| Second Level | Primary Bedroom | 3.31 m | 2.53 m | 3.31 m x 2.53 m |
| Second Level | Bedroom 2 | 3.1 m | 2.15 m | 3.1 m x 2.15 m |
| Basement | Other | 3 m | 3.21 m | 3 m x 3.21 m |
| Basement | Bathroom | 1.93 m | 1.53 m | 1.93 m x 1.53 m |
| Basement | Laundry Room | 6.47 m | 4.17 m | 6.47 m x 4.17 m |
| Basement | Other | 3.76 m | 3.23 m | 3.76 m x 3.23 m |
| Basement | Utility Room | 4.74 m | 9.83 m | 4.74 m x 9.83 m |
| Basement | Other | 4.47 m | 4.07 m | 4.47 m x 4.07 m |
| Main Level | Foyer | 3.71 m | 2.12 m | 3.71 m x 2.12 m |
| Main Level | Living Room | 4.52 m | 4.43 m | 4.52 m x 4.43 m |
| Main Level | Primary Bedroom | 4.91 m | 2.66 m | 4.91 m x 2.66 m |
| Main Level | Living Room | 4.59 m | 4.73 m | 4.59 m x 4.73 m |
| Main Level | Bathroom | 2.12 m | 1.43 m | 2.12 m x 1.43 m |
| Main Level | Kitchen | 4.55 m | 4.1 m | 4.55 m x 4.1 m |
| Main Level | Bathroom | 1.98 m | 1.67 m | 1.98 m x 1.67 m |
| Main Level | Kitchen | 4.47 m | 4.08 m | 4.47 m x 4.08 m |
| Main Level | Primary Bedroom | 5.14 m | 2.72 m | 5.14 m x 2.72 m |
Utilities
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28347409/522524-bay-street-ottawa-4103-ottawa-centre
Contact Us
Contact us for more information
Whitney Hamilton
Broker
livelovehome.ca/
165 Pretoria Avenue
Ottawa, Ontario K1S 1X1
(613) 238-2801
(613) 238-4583
Natalie Baizana
Broker
livelovehome.ca/
165 Pretoria Avenue
Ottawa, Ontario K1S 1X1
(613) 238-2801
(613) 238-4583
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June 18 2025 07:04:57
Ottawa Real Estate Board
Royal LePage Performance Realty