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

  522/524 Bay Street Ottawa Centre, ON K1R 6B5

Active
$1,089,000
6
BED
5
BATH
3000-3500
SQFT

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.

MLS®:
X12164246
Taxes
$11,303(2024)
Type
Multifamily
Style
2-Storey
County
Ottawa
Community
4103 - Ottawa Centre

Listed By

Royal Lepage Performance Realty
Source
TORONTO IDX
Last checked Jun 13 2025 at 6:37 PM GMT+0000
Bathroom Details
Interior Features
  • None
Property Features
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • None
Basement Information
  • Full
  • Unfinished
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Tar and Gravel
  • Roof: Asphalt Rolled
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • None
Stories
  • 2
Location
   
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Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/13/25 11:37