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516 LYON Street — Triplex

Sold

Ottawa Centre, ON K1R 5X9

Triplex

MLS #X9426453

$835,000

Sold on August 1, 2024

August 1, 2024

Originally listed at $879,000 13 days on market

About This Property

Flooring: Carpet Over & Wood, Flooring: Tile, Flooring: Vinyl, Welcome to the heart of Ottawa's Centretown area, where convenience meets investment opportunity.  This Triplex is just steps away from Bank Street's shops and restaurants. With Parliament Hill and Ottawa's business district just a short walk away, this is the perfect location for those looking to be in the centre of town. The Triplex consists of 3 units, including two spacious two-bedroom apartments with their own parking space. A modern loft-style bachelor/one-bedroom unit has been nicely updated with newer floors and fresh paint. With four hydro meters (Each unit has its meter plus a separate meter for common spaces), two parking spaces, and a fully bricked exterior, this property is aesthetically pleasing and practical for any investor client. The garden space in the rear of the property allows tenants to share some outdoor space.  Whether looking for a live-in opportunity with rental income or seeking a three-unit investment property, this Triplex is an excellent opportunity.

Property Details

Property Type

Triplex

Lot Size33 99 ft
Frontage33.0 ft
Depth99.0 ft
GaragePublic
BasementFull, Unfinished
HeatingForced Air
Parking Spaces2
Listed OnApr 30, 2024
Property Tax$6,330/year

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Price History

Original List Price

$879,000

Listed on Apr 30, 2024

Sold Price

$835,000

Sold on Aug 1, 2024

-$44,000

-5.0%

13 days on market

Price History Available

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Recently Sold Nearby

Available For Sale Nearby

Available Nearby

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Home Features

Property TypeTriplex
Lot Size33 × 99 ft
Frontage33.0 ft
Depth99.0 ft
GaragePublic
BasementFull, Unfinished

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About 516 LYON Street, Ottawa Centre, ON K1R 5X9

516 LYON Street, Ottawa Centre, ON K1R 5X9 is a 0-bedroom, 0-bathroom triplex, situated on a 33 99 foot lot. This property is currently sold (sold for $835,000). The home features a public garage and a full, unfinished basement.

4103 - Ottawa Centre Neighbourhood

This home is located in 4103 - Ottawa Centre, part of Ottawa Centre in the Ottawa area. Explore more homes for sale and recently sold properties in this neighbourhood.

Whether you are looking to buy, sell, or lease in 4103 - Ottawa Centre, our team of experienced real estate professionals can help you navigate the market and find the perfect home. Contact us today for a free consultation.

516 LYON Street, Ottawa Centre, ON K1R 5X9

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