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$ 1,300,000
Est. payment | /mo
3,600 SqFt
$ 1,300,000
Est. payment | /mo
3,600 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $361
MLS Listing ID X9523590
Annual Tax Amount $9,874
Tax Year 2018
Property Description
INVESTMENT OPPORTUNITY! Amazing location Incredible opportunity to own a property minutes away from the heart of the City. Income property located in heart of downtown Ottawa. 547 and 501 Bay is residential/commercial property. Located in the bustling and not far from lively Little Italy, This is an excellent income generating property this property could also be transformed into a multi-unit building with a commercial space on mail floor .currently Main floor has a cafe and Second floor has 2 of 2 two bedroom apartments. This building also has an address of 501 Bay St as a third one bedroom apartment. Total gross rent is 97,200. All the residential units have been fully renovated and rented. The lot on the side of the property provides 4 parking. It also has a full basement can be turned into another use with separate entrance. Commercial unit located on main floor and additional income with 3 residential apartments units makes it unique. 24 hr irrevocable on all offers.
Location
State ON
County Ottawa
Community 4103 - Ottawa Centre
Area Ottawa
Zoning Commercial/mixed use
Region 4103 - Ottawa Centre
City Region 4103 - Ottawa Centre
Rooms
Family Room No
Interior
Cooling Unknown
Exterior
Utilities Available Unknown
Roof Type Unknown
Lot Frontage 50.0
Lot Depth 62.0
Others
Security Features Unknown
Pets Allowed Unknown
Listed by RE/MAX AFFILIATES REALTY LTD.