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516 LYON STREET N
Ottawa Centre Ottawa K1R5X9

$989,900
Multi-family baths: 0.0 built: 1900

Fabulous downtown location
Photo 1: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 2: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 3: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 4: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 5: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 6: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 7: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 8: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 9: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 10: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 11: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 12: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 13: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 14: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 15: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 16: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 17: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 18: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 19: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 20: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 21: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 22: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 23: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Photo 24: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
1305721
Year Built:
1900
Long term owner has carefully maintained their investment property in this very desirable neighbourhood! Set on a deep lot, there is parking for cars at the rear of the property with dedicated laneway (not shared). Four hydro meters so tenants pay own electricity. Hot water tanks are owned (2014), furnace new in 2019 & upper roof done 2016 & lower 2016. Some windows have also been replaced. Full unfinished basement is used by first floor tenants for laundry & storage with locked storage cupboard for Landlords' supplies. Units are a good size and have been easy to rent! Lots of visitor parking all around. 24 hours clear notice please for tenants! Showings 8 a.m. to not starting past 6:30 p.m. Rents will be increased this year per the RTA. (id:2493)
Property Type:
Multi-family
Transaction Type:
For sale
Lease Type:
Net
Zoning:
Res 4th Density
Community:
Ottawa Centre
Amenities:
Public Transit
Building Type:
Triplex
Structures:
Deck
Number of bathrooms:
0.0
Half Bathrooms:
0
Age:
123 years
Construction Material:
Masonry
Construction Style Attachment:
Attached
Cooling:
None
Exterior Finish:
Brick
Fireplace:
No
Floor finish:
Carpeted, Tile, Vinyl
Foundation:
Stone
Heating:
Forced air
Heating Fuel:
Natural gas
# Storeys:
3.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Full (Unfinished)
Basement Development:
Unfinished
Land Amenities:
Public Transit
Easement:
Unknown
Current Use:
Development residential
Lot Frontage:
33'
Lot Depth:
99'
Acreage:
No
Lot Size:
33.01 ft X 99 ft
Lot Details:
33.01 ft X 99 ft
Total Parking Spaces:
2
Parking Type:
Open
  • Photo 1: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Fabulous downtown location
  • Photo 2: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Lots of parking space if needed
  • Photo 3: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Long laneway leads to parking spaces for tenants
  • Photo 4: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Front porch leading to main entrance
  • Photo 5: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Unit 1 living room
  • Photo 6: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Unit 1 bedroom
  • Photo 7: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Unit 1 kitchen
  • Photo 8: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Unit 1 bathroom
  • Photo 9: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Unit 1 laundry centre in full basement
  • Photo 10: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Unit 2 (upper) living room
  • Photo 11: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Unit 2 kitchen area
  • Photo 12: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Unit 2 view of door to balcony from kitchen
  • Photo 13: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Unit 2 bedroom
  • Photo 14: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Unit 2 bathroom
  • Photo 15: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Unit 3 (3rd floor) living room
  • Photo 16: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Unit 3 bedroom
  • Photo 17: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Unit 3 bathroom
  • Photo 18: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Each unit with own meter; 4th for common areas
  • Photo 19: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Addition for unit 1 and own entrance if desired
  • Photo 20: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Deep lot showing parking line
  • Photo 21: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    View of back yard. Please note storm damage clean up continues
  • Photo 22: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Another view of this popular housing style from the turn-of-the century architectural standards!
  • Photo 23: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    All brick, in keeping with the neighbourhood character!
  • Photo 24: 516 LYON STREET N in Ottawa: Multi-family for sale : MLS®# 1305721
    Gracious all brick exterior on this centretown low-rise building
Listed by INNOVATION REALTY LTD.
Data was last updated March 21, 2023 at 09:45 AM (UTC)
Area Statistics
Listings on market:
70
Avg list price:
$1,297,000
Min list price:
$624,700
Max list price:
$16,900,000
Avg days on market:
47
Min days on market:
1
Max days on market:
299
Avg price per sq.ft.:
$166.67
These statistics are generated based on the current listing's property type and located in Ottawa. Average values are derived using median calculations.
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