522/524 Bay Street Ottawa, ON K1R 6B5
Listing Courtesy of:  CREA / Royal Lepage Performance Realty

  522/524 Bay Street Ottawa, ON K1R 6B5

Active (46 Days)
$989,000
6
BED
5
BATH
See Similar Listings

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. (id:41440)

MLS®:
X12164246
Type
Multifamily
County
Ottawa

Listed By

Whitney Hamilton, Royal Lepage Performance Realty
Source
CREA
Last checked Jul 7 2025 at 9:19 PM EDT
Bathroom Details
  • Full Bathrooms: 4
  • Partial Bathroom: 1
Interior Features
  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer
  • Hood Fan
Property Features
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • Natural Gas
Basement Information
  • Unfinished
  • Full
Flooring
  • Tile
Exterior Features
  • Brick
Utility Information
  • Sewer: Sanitary Sewer
Parking
  • No Garage
  • Total: 0
Stories
  • 2
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jun 25, 2025
Price Changed
$989,000
-4%
-36,000
Jun 18, 2025
Price Changed
$1,025,000
-6%
-64,000
Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled
by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 7/7/25 14:19

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