Ottawa Centre, ON K1R 6B5,522/524 Bay ST
Ottawa Centre, ON K1R 6B5,522/524 Bay ST
Ottawa Centre, ON K1R 6B5,522/524 Bay ST
Ottawa Centre, ON K1R 6B5,522/524 Bay ST
Ottawa Centre, ON K1R 6B5,522/524 Bay ST
Ottawa Centre, ON K1R 6B5,522/524 Bay ST
See all 45 photos

$950,000

$989,000

3.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6 Beds

5 Baths


SOLD DATE : 07/08/2025

Key Details

Sold Price $950,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 4103 - Ottawa Centre

MLS Listing ID X12164246

Sold Date 07/08/25

Style 2-Storey

Bedrooms 6

Building Age 100+

Annual Tax Amount $11,303

Tax Year 2024

Property Sub-Type Fourplex

Property Description

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.

Location

Province ON

County Ottawa

Community 4103 - Ottawa Centre

Area Ottawa

Zoning R4S

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 4

Interior

Interior Features None

Cooling None

Exterior

Exterior Feature Patio, Porch

Parking Features None

Pool None

Roof Type Tar and Gravel,Asphalt Rolled

Lot Frontage 40.67

Lot Depth 71.0

Building

Foundation Stone

Others

Senior Community No

ParcelsYN No

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Listed by ROYAL LEPAGE PERFORMANCE REALTY
agent
Jai Mession

Agent | License ID: 9575965

+1(647) 887-9867 | jai.mession@theagencyre.com

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