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514 LYON STREET N in Ottawa: Multi-family for sale : MLS®# X13235238
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. (id:2493)More details
Located in the vibrant and pedestrian-friendly neighbourhood of Centretown, this sunny junior penthouse suite provides an abundance of comfort, privacy and sweeping city views. Bright and inviting, the one-bedroom, one-bathroom condo is perfectly positioned with west-facing exposure, filling the space with natural light throughout the day and providing breathtaking sunsets each evening. With no upper neighbours overlooking your balcony, this private space is your true urban retreat, making it the perfect spot to enjoy your morning coffee or unwind with dinner while taking in the sunset view.Inside, the modern open-concept design showcases a sleek kitchen complete with stainless steel appliances, a functional island and thoughtfully planned storage. The spacious full bathroom adds a touch of luxury with double sinks and a deep soaking tub, creating a spa-like space to relax and refresh.This LEED Silver-certified building enhances your lifestyle with secure underground parking, a private storage locker, a fully equipped fitness centre and a large party room for entertaining. Just steps from the Rideau Canal, this prime downtown location also puts you within easy reach of Ottawa's best restaurants, cafés, shops and cultural destinations, as well as bike paths, bus routes and easy access to the downtown core.Fresh, functional and move-in ready, this junior penthouse offers the perfect balance of style, convenience and urban living. Don't miss this rare opportunity to own in one of Ottawa's most connected and liveable neighbourhoods. Condo fees: $739.79/month. (id:2493)More details
Welcome to 255 Bay Street, where modern downtown living meets comfort and convenience. This beautifully designed condo features a brightand functional open-concept layout with oversized windows, contemporary finishes, and an inviting atmosphere throughout, creating the perfecturban living space.The spacious living and dining area flows seamlessly into the modern kitchen, making it ideal for entertaining or relaxing athome. The generous bedroom offers a warm and comfortable retreat with large windows allowing for plenty of natural light, while the sleekbathroom showcases clean, modern design. Additional highlights include in-unit laundry, ample storage, and a thoughtfully designed layout thatmaximizes both comfort and functionality. Step outside to enjoy the oversized private balcony - an ideal space for morning coffee, evening drinks, or simply taking in the downtown atmosphere. Residents enjoy an unbeatable location just steps from restaurants, cafés, shopping, transit, grocery stores, government offices, and Ottawa's best entertainment and nightlife.Whether you're a first-time buyer, investor, or professional seeking a low-maintenance lifestyle in the heart of the city, this condo offers an exceptional opportunity to experience contemporary living in one of Ottawa's most convenient neighbourhoods. Steps from the LRT station, the new Ottawa Public Library, LeBretonFlats, and more. (id:2493)More details
Welcome to Suite 2502, a spacious executive condo ready to bring your dream lifestyle to life. This bright and beautiful freshly painted 3 bedroom, 2 bathroom residence offers sweeping urban views and the perfect blend of comfort and convenience. Ideally located just steps from Lebreton Flats, Sparks Street, The New Central Library, Parliament Hill & Rideau Centre, you'll enjoy effortless access to public transit, LRT, acclaimed restaurants, shopping and vibrant city amenities. Whether commuting, dining out, or exploring the city, everything you need is right at your doorstep. Inside a large foyer welcomes you, natural light fills the open concept living and dining room. Updated eat-in Galley Kitchen, granite counters, access to balcony, the thoughtfully designed layout ensures comfort and functionality. Enjoy the everyday convenience of in-unit laundry, the primary bedroom boasts spacious closets and an ensuite bathroom. Two other well appointed bedrooms. One features French doors; this space could easily be used as an office/den. Residents benefit from exceptional building amenities, including a fully equipped gym, indoor pool, and hot tub, perfect for unwinding after a busy day. This safe and secure building also features a stylish party room, parking, and guest suites for visiting family and friends. This unit offers urban living in one of the city's most desirable locations; an opportunity not to be missed. Amenities are located in the 500 Laurier building, level 2; saltwater pool, sauna, fitness centres, library, game room. Visitor parking: 4 spaces at teh back of the building and near the 500 Laurier entrance must register with the concierge. (id:2493)More details
Development or renovation opportunity in the heart of Sandy Hill. Zoned N4B [480], this property offers exceptional potential in one of Ottawa's most established urban, family friendly and university focused neighbourhoods. Ideally situated directly across from Annie Pootoogook Park, residents will enjoy immediate access to expansive green space, playground, seasonal outdoor rink, and community offerings at the Sandy Hill Community Centre, creating an attractive setting for future residential development or expansion of the existing property. Lot size of 35.5 feet x 85 feet currently comprises bungalow and garage measuring approximately 25' 10" x 13' 5", which was built approximately 15 years ago. Conveniently positioned just steps from the University of Ottawa's campus, this property benefits from strong demand drivers and proximity to academic facilities, transit including convenient access to 417 and approximately 700 m to LRT station, restaurants, cafés, shopping, and downtown employment centres. Whether envisioned as a boutique residential project or a strategic long-term investment, this is an opportunity to secure a prime development site in a vibrant, amenity-rich neighbourhood with strong rental demand. No conveyance of any written signed offers until Thursday, June 11th at 1pm. All offers to contain minimum 24 hour irrevocable. (id:2493)More details
Tucked along a quiet street in the heart of Overbrook, this thoughtfully designed 3-storey townhome blends comfortable living with a layout that effortlessly adapts to the rhythms of family life. Mature trees frame the front of the home, setting a calm and welcoming tone from the moment you arrive.The main entrance opens into a generous foyer with a generous front closet, leading into a versatile lower-level family room, equally suited as an additional bedroom, home office, or playroom. Sliding patio doors draw in natural light and open directly to the private backyard, seamlessly connecting indoor and outdoor living.The second level is where the home truly opens up. New flooring runs throughout a bright, connected living and dining space, with the living room overlooking mature trees for a sense of calm and privacy. The kitchen is well-appointed with generous cabinetry, ample counter space, and stainless steel appliances, with enough room for casual everyday dining. A discreetly tucked laundry closet with built-in shelving keeps things organized, and a powder room completes the floor.Upstairs, three comfortable bedrooms and a fully renovated bathroom make up the third level. The spacious primary bedroom features oversized closets, while two additional bedrooms offer the flexibility families need, whether for growing kids, guests, or a dedicated workspace. The bathroom has been beautifully updated, bringing a fresh, modern feel to the floor with quality finishes that elevate the everyday routine.Step outside to a private backyard framed by mature trees, where a deck seating area invites you to relax and enjoy warm summer evenings.Completing the package: a single garage, driveway parking, and an unbeatable location within walking distance of schools, parks, St. Laurent Shopping Centre, Canadian Tire, and transit, all within one of Ottawa's most established and family-friendly neighbourhoods. (id:2493)More details
Welcome to effortless living in the heart of Arnprior. Built in 2024, this beautifully designed 2-bedroom, 2-bathroom semi-detached bungalow offers the perfect blend of modern comfort and low-maintenance convenience, ideal for those looking to downsize without sacrificing style or space. Step inside to discover a bright, open-concept floor plan highlighted by soaring vaulted ceilings, elegant finishes, and an abundance of natural light. The thoughtfully designed kitchen overlooks the spacious living and dining areas, creating a warm and inviting setting for everyday living and entertaining alike. A patio door leads to the backyard, providing an easy transition to outdoor enjoyment, while the practical mudroom and main-floor laundry, conveniently located off the garage, add to the home's everyday functionality. The spacious primary suite serves as a private retreat, complete with a walk-in closet and a beautifully appointed ensuite bathroom. A second bedroom and full bath offer flexibility for guests, family, or a home office, all on one convenient level. The unfinished lower level presents a fantastic opportunity to customize additional living space to suit your needs, with a rough-in already in place for a future third bathroom. Nestled among mature trees in a quiet, welcoming community, this home offers a refreshing escape from the hustle and bustle of city life while remaining just 25 minutes from Kanata. Enjoy the charm of Arnprior, where the Ottawa and Madawaska Rivers meet, offering easy access to scenic trails, waterfront parks, beaches, boating, local shops, restaurants, healthcare services, and a vibrant historic downtown. If you're searching for a move-in-ready home that delivers comfort, convenience, and a relaxed lifestyle in a beautiful natural setting, this is an opportunity you won't want to miss. Book your private showing today. Some photos have been virtual staged using AI. (id:2493)More details
Welcome to this spacious END-UNIT stacked townhome offering a unique and functional layout with plenty of room to live and grow. The bright main level features an open-concept living and dining area, perfect for everyday living and entertaining, along with an eat-in kitchen that offers ample space for casual meals. Overlooking the lower level, the main living area creates an airy, connected feel throughout the home. Downstairs, you'll find two generously sized bedrooms and a convenient cheater ensuite bathroom complete with a separate soaker tub and shower. A cozy lower-level family room showcases soaring cathedral ceilings and a gas fireplace, creating the perfect retreat for relaxing evenings. Furnace, AC, and hot water tank (2022). Fridge and stove (2025). Walking distance to LRT, entertainment, grocery, Gloucester Mall, restaurants, parks, Fit 4 Less, CSIS/CSE and NRC. (id:2493)More details
City Convenience with a Country Atmosphere! Rare opportunity to enjoy the best of both worlds. Wake up to breathtaking natural surroundings where deer, moose, and other wildlife can often be seen right from your front window, all while being just a 90-second drive to Canadian Tire, major shopping, restaurants, and every convenience along Innes Road. Situated on an impressive 75' x 200' lot, this property offers exceptional outdoor space rarely found so close to the city. Garden enthusiasts will love the expansive yard with endless possibilities for growing, entertaining, or simply enjoying the peaceful setting. Inside, pride of ownership is evident throughout. The home features a beautifully renovated kitchen, an updated main bathroom, and numerous upgrades throughout. Bright, welcoming living spaces make this home move-in ready for its next owners. The separate side entrance provides excellent flexibility, with the lower level offering potential for an in-law suite, multigenerational living, or additional family space. The lower level includes an oversized bedroom ( with heated flooring), spacious family room, and full bathroom. Completing the package is a detached garage, ideal for parking, storage, or creating the perfect workshop.A truly unique property offering country living in the heart of the city-don't miss your chance to own this exceptional home! (id:2493)More details
Nestled on a picturesque tree-lined street, this stunning, 2-storey stone, West-facing, single-family home boasts exceptional curb appeal and a serene atmosphere, perfect for family living. From the moment you step inside you are wowed! Beautiful foyer draws you in, loads of space, closets, a mudroom, and a powder room tucked away off of the attached double car garage. The high ceilings and large windows allow for loads of natural light giving the home that airy feel. Storage in every corner, and hardwood throughout! The Main floor features a separate private office! Move to the back of the home and you are faced with an open concept dining and living area- kids? no worries you can see them in the rear yard while you are preparing Sunday morning breakfast or weekly dinners! This home has a beautiful functional layout. ideal for families. The gourmet kitchen is a chef's dream, showcasing a Butler pantry and a spacious oversized island, making it ideal for entertaining. The rear yard is fenced in, has a beautiful interlock pad and lovely greenery!Upstairs, you'll find four spacious bedrooms, w 2 glorious ensuites and a main bath ..all set around a large landing and laundry area- very functional and convenient ! The master suite is a true retreat, complete with a six-piece en suite and a generous walk-in closet, all bathed in natural light thanks to the high ceilings and windows. The finished basement adds to the home's appeal, providing extra living space while maintaining a turnkey, meticulously clean condition throughout. This stunner of a home is perfect for those seeking comfort and elegance in a prime location, exceptional daycares, schools, with nearby nature parks and paths for outdoor enjoyment. (id:2493)More details
Welcome to this beautifully maintained detached home 6335 Renaud Rd, in the highly desirable neighborhood of Mer Bleue. This spacious property features 3 generously sized bedrooms, 4 bathrooms, and a professionally finished basement, offering exceptional living space for the whole family. The renovated basement provides added versatility, perfect for entertainment, a recreation area, or additional living space. The main floor showcases elegant hardwood flooring, while the second level offers cozy carpeting throughout. Enjoy the convenience of an upstairs laundry room with washer and dryer ideally located near the bedrooms. Step outside to a beautifully designed backyard featuring interlocking and a newer shed, perfect for outdoor enjoyment and additional storage Situated in a fantastic family-friendly neighborhood, this home is close to all essential amenities, parks, shopping, transit, and highly rated schools, offering both comfort and convenience in an unbeatable location. (id:2493)More details
Some properties make sense on paper. This one makes sense the moment you walk through the door. A turn-key purpose-built duplex in Ottawa's fast-evolving Vanier, this well-maintained investment property offers flexibility, strong rental potential, and the rare advantage of two vacant units ready for immediate occupancy or full market rents. Upstairs, the 3-bedroom, 1-bathroom unit balances character and practicality with hardwood floors underfoot, a renovated kitchen designed for everyday ease, and an updated bathroom that keeps the space feeling fresh and current. Downstairs, the bright 1-bedroom, 1-bathroom unit features its own renovated kitchen, creating an ideal setup for multigenerational living, an owner-occupied income property, or a fully tenanted duplex investment. Separate hydro meters simplify management and maximize income potential, while the detached garage and extended driveway parking add everyday convenience that tenants and owners alike will appreciate. Extensive upgrades and attentive maintenance throughout mean fewer surprises and more confidence for investors looking for a solid Ottawa duplex in a high-demand rental corridor. Set in a central location close to transit, downtown Ottawa, shops, restaurants, and everyday amenities, this Vanier duplex delivers the kind of versatility buyers search for: live in one unit and offset your mortgage with rental income, accommodate family with privacy, or lease both units at current market rates from day one. A smart income property. A flexible living solution. An increasingly rare opportunity in Ottawa real estate. Some photos have been virtually staged. (id:2493)More details
Data was last updated June 3, 2026 at 06:15 PM (UTC)
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