514 Lyon Street N Ottawa Centre, ON K1R 5X9
Inscription par: PropTX - IDX / Listed By: eXp Realty

  514 Lyon Street N Ottawa Centre, ON K1R 5X9

En vigueur
970 489 $ (USD)
6
CAC
5
SDB
1500-2000
PI. CA.

Description

Welcome to 514 Lyon St, a turn-key 5-unit investment property ideally located in the heart of Centretown, one of Ottawa's most desirable and consistently strong rental markets. Generating $97,740 in gross annual income at a 5.8% cap rate, this well-maintained asset offers investors a rare opportunity to assume approximately $1.049M in existing financing at an attractive 4.25% interest rate with a 40-year amortization until June 1, 2030, providing a significant financing advantage in today's market. The property has undergone extensive recent upgrades, including fully renovated units throughout, new windows installed in 2023, and a new furnace and hot water tank installed in 2023. With all major capital improvements completed and the remaining building components in good condition, this is a true turn-key investment requiring minimal near-term capital expenditure. Located within walking distance of downtown Ottawa, transit, shops, restaurants, government offices, and major employment centres, 514 Lyon St benefits from strong rental demand and an unbeatable urban location. The property also comes with 3 parking spaces across the two driveways on site. This is an exceptional opportunity to acquire a stabilized multi-residential asset with strong income, attractive assumable financing, and significant recent improvements in one of Ottawa's premier rental neighbourhoods. Unit B, D, and E are currently vacant (rent is projected based on prior leases) - these units can be leased prior to closing or held vacant for the purchaser.

MLS®:
X13236514
Les impôts
$8,688(2026)
Catégorie
Multifamily
Style
2-Storey
Ville
Ottawa
Communauté
4103 - Ottawa Centre

Listed By

eXp Realty
Source
PropTX - IDX
Dernière vérification Août 29 2026 à 2:25 PM EDT
Détails sur les salles de bains
Caractéristiques Intérieures
  • Separate Hydro Meter
Caractéristiques de la propriété
  • Foundation: Concrete
Chauffage et refroidissement
  • Baseboard
  • Central Air
Informations sur les sous-sols
  • Apartment
Informations sur le pool
  • None
Caractéristiques extérieures
  • Vinyl Siding
  • Toit: Shingles
Informations sur les services publics
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Stationnement
  • Available
Étages
  • 2
Alimenté par Walk Score®
Disclaimer: Copyright 2026 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 8/29/26 07:25