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501 Lyon Street N Ottawa, Ontario K1R 5X5

6 Bedroom 4 Bathroom
None Forced Air

$1,249,900

400K Seller Take Back available at 2% for 5 years. Amazing opportunity in sought after Centretown. Location ++ walking distance to trendy Bank st, Parliament hill, the Glebe, Lansdowne and close to both Universities. This classic Victorian building underwent a complete overhaul in 2017 including a 3 storey addition making for open living spaces, newer kitchen and baths, and good sized bedrooms! Also in 2017, fully re-wired, plumbed, windows, roof, etc. Each unit has its own balcony and laundry too! Currently used as legal duplex with one large 4 bedroom unit (2 storey) , and another 2 bedroom unit. Opportunity is there (including rough-in and meters) easily convert to three units, and maximize the income. Never a vacancy. All have their own hydro meters and hydronic heating systems (2017). Excellent as an investment in downtown Ottawa, or move in and have your tenants help with the mortgage. What a lifestyle!! (id:37446)

Property Details

MLS® Number 1288734
Property Type Single Family
Neigbourhood Centretown
Parking Space Total 1

Building

Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Total 6
Appliances Refrigerator, Dryer, Stove, Washer
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1907
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick, Other
Flooring Type Hardwood
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type House
Utility Water Municipal Water

Parking

Surfaced

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 66 Ft
Size Frontage 33 Ft
Size Irregular 33 Ft X 66 Ft
Size Total Text 33 Ft X 66 Ft
Zoning Description Residential

Rooms

Level Type Dimensions
Second Level Kitchen 12'3 x 9'10
Second Level Bedroom 11'3 x 10'2
Second Level Bedroom 12'10 x 9'7
Second Level 3pc Bathroom 6'8 x 5'9
Second Level 3pc Bathroom 6'4 x 6'5
Third Level Living Room Measurements not available x 16 ft
Third Level 3pc Bathroom 6'6 x 5'8
Third Level Bedroom 14'6 x 12'1
Third Level Bedroom 11'2 x 10'4
Main Level Kitchen 13'3 x 9'10
Main Level Living Room 16'11 x 12'4
Main Level Bedroom 13'3 x 9'9
Main Level Bedroom Measurements not available x 10 ft
Main Level 3pc Bathroom 6'6 x 5'9

https://www.realtor.ca/real-estate/24336912/501-lyon-street-n-ottawa-centretown

Interested?

Contact us for more information


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Michael Finnerty
Broker

(613) 302-4084

RE/MAX Hallmark Realty Group
2255 Carling Avenue, Suite 101
Ottawa, Ontario K2B 7Z5

(613) 596-5353
(613) 596-4495
www.hallmarkottawa.com

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