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501 LYON STREET, Ottawa, Ontario, K1R 5X6

MLS® # X9518677
House For Sale In Centretown, Ottawa, Ontario
$1,069,800 QuickQuoteTM: Not Available
501 Lyon Street, Ottawa, ON - Outdoor With Facade
501 Lyon Street, Ottawa, ON - Outdoor
501 Lyon Street, Ottawa, ON - Outdoor With Exterior
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Laundry Room
501 Lyon Street, Ottawa, ON - Indoor
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Kitchen
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Bathroom
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Kitchen
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Laundry Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Bathroom
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Bathroom
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Bathroom
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Outdoor With Exterior
501 Lyon Street, Ottawa, ON - Outdoor
501 Lyon Street, Ottawa, ON  - Outdoor With Facade
501 Lyon Street, Ottawa, ON  - Outdoor
501 Lyon Street, Ottawa, ON  - Outdoor With Exterior
501 Lyon Street, Ottawa, ON  - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Laundry Room
501 Lyon Street, Ottawa, ON - Indoor
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Kitchen
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Bathroom
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Kitchen
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Laundry Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Bathroom
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Bathroom
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Bathroom
501 Lyon Street, Ottawa, ON - Indoor Photo Showing Other Room
501 Lyon Street, Ottawa, ON - Outdoor With Exterior
501 Lyon Street, Ottawa, ON - Outdoor
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501 LYON STREET, Ottawa, Ontario, K1R 5X6
$1,069,800

Property Information:

Flooring: Tile, Triplex alteration 90% complete and prepared so you can produce a 6%+ cap rate!! Rents conservatively based on 3units @2100/unit. Tenants pay gas and hydro. All living space above grade. NO BASEMENT UNIT. This classic Victorian building underwent an overhaul in 2017 including a 3 storey addition, attic conversion, 3 separate gas furnaces, fire escapes and balconies, fully re-wired, plumbed, many windows, and separate laundry. Currently set us as legal duplex with one large 4 bedroom 3 BATH unit (2 storey) , and another 2 bedroom unit. Opportunity is there (including 3rd kitchen rough-in and meters) to easily convert to three units. Never a vacancy. 3 hydro meters, and space for the 3rd gas meter when it's time. Tandem parking for 2 cars. Excellent investment in Downtown Ottawa! View slideshow for some extra pics! Maximize Rents and choose your own tenants in Centretown!, Flooring: Hardwood (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick, Steel
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Single Family
  • Irregular: Yes
  • Lot Depth: 66.0 Feet
  • Lot Frontage: 33.0 Feet
  • Lot Size: 33 x 66 FT ; 0
  • Zoning: R4S[478]
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 2

Courtesy of: RE/MAX HALLMARK REALTY GROUP

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Location of 501 LYON STREET, Ottawa, Ontario, K1R 5X6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 501 LYON STREET , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.2℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 501 LYON STREET , experiences 11 significant 2-day storms per year, with about 319.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 408.5mm of precipitation per year.

Precipitation Per Storm

Past
319.2mm
2050
408.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 501 LYON STREET, Ottawa, Ontario, K1R 5X6

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$127,978.11

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.8 %

High school certificate or equivalent

20.67 %

Apprenticeship trade certificate/diploma

2.21 %

College/non-university certificate

16.11 %

University certificate (below bachelor)

2.21 %

University Degree

48.0 %

Commuter

Travel To Work

By Car

43.33 %

By Public Transit

17.21 %

By Walking

29.6 %

By Bicycle

6.41 %

By Other Methods

3.44 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

66.94 %

Houses

33.06 %

Own Vs. Rent