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Main Photo: 514-516 Bay Street: Ottawa Property for sale : MLS®# X8432546
Photo 1: 514-516 Bay Street: Ottawa Property for sale : MLS®# X8432546
Photo 2: 514-516 Bay Street: Ottawa Property for sale : MLS®# X8432546
Photo 3: 514-516 Bay Street: Ottawa Property for sale : MLS®# X8432546
Photo 4: 514-516 Bay Street: Ottawa Property for sale : MLS®# X8432546
Photo 5: 514-516 Bay Street: Ottawa Property for sale : MLS®# X8432546
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Photo 8: 514-516 Bay Street: Ottawa Property for sale : MLS®# X8432546
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Photo 13: 514-516 Bay Street: Ottawa Property for sale : MLS®# X8432546
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X8432546
Bus Major:
Apts-6 To 12 Units
Welcome to 514-516 Bay Street! Great investment opportunity for 2 properties being a 5 unit + 1 building located in Centretown. The property has a shared driveway and parking for 3 cars. There is the option to live mortgage free should you choose to reside in one of the updated units. The area features shopping, parks, personal services, playgrounds, schools and public transportation. The roof was redone in 2023.
McLeod Street and Bay Street
041210396
Property Type:
Commercial
Commercial Type:
Investment
Approx. Age:
100+
Depth:
99'
Frontage:
37'
Total Area:
3,484.8 sq. ft.
Zoning:
R4UD[478]
Heating type:
Gas Forced Air Open
Garage:
None
Total Parking Spaces:
3
Possession Details:
TBD
Taxes:
$10,285 / 2023
Assessment:
$- / -
Utilities:
Y
Green Property Information Statement:
No
Energy Certification:
No
Water supply:
Municipal
Seller Property Info Statement:
No
Maintenance Fee:
4500.0
Physically Handicapped-Equipped:
No
Air Conditioning:
N
Log/Bldg/Unit Code:
Lot
Type Taxes:
Annual
Category:
Apartment
Major Business Type:
Apts-6 To 12 Units
Freestanding:
Yes
Gross income:
$124,200
Expenses Actual/Estimated:
Estimated
Heating Expenses:
4711
Hydro Expenses:
4200
Insurance Expenses:
4772
Management Expenses:
4663
Operating Expenses:
$37,831
Tax Expenses:
$10,285
Water Expenses:
$3,100
Year Expenses:
2022
Date Listed:
Jun 12, 2024
Original Price:
Previous Price:
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Listed by EXP REALTY
Data was last updated July 25, 2024 at 03:55 AM (UTC)