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For Sale

$950,000

503 COTE STREET , Ottawa, Ontario K1K0Z8

4+1 Beds 4 Baths 1 Partial Bath

Open House

Sun, Feb 15  -  2:00 PM - 4:00 PM

Remarks

Welcome to 503 Cote Street, a modern 2019-built semi-detached home offering outstanding flexibility and strong income potential. Designed with a legal secondary dwelling unit, this property allows buyers to offset their mortgage by living in one unit while renting the other, or to maximize returns by leasing both. The home produces approximately $53,000+ in annual rental income, with tenants responsible for all utilities. Each unit features its own heating system and hydro meter, with a shared water meter.The main upper-level unit features a bright, open layout enhanced by pot lighting and large windows. The contemporary kitchen is equipped with stainless steel appliances, generous cabinetry, and a central island ideal for entertaining. The primary bedroom includes a walk-in closet and a spa-inspired 5-piece ensuite with double sinks. Three additional bedrooms, a full bathroom, and second-floor laundry complete this level, along with garage parking and an additional surface space. The lower-level unit offers a spacious and light-filled living area with a full kitchen, one bedroom, a 4-piece bathroom, private laundry, and dedicated storage-well suited for students, professionals, or extended family. One surface parking space is included. Outside, enjoy a private, landscaped backyard perfect for relaxing or hosting. The upper unit is vacant, while the lower unit is currently rented at $1,850 + utilities/month . A rare opportunity to secure a turn-key, income-producing property in a desirable location. (id:7526)

Property Summary

  • Neighbourhood: 3502 - Overbrook/Castle Heights
  • Lot Frontage: 25.0 Feet
  • Lot Depth: 86.3 Feet
  • Lot Size: 25 x 86.4 FT
  • No. of Parking Spaces: 3
  • Bedrooms: 4+1
  • Bathrooms (Total): 4
  • Bathrooms (Partial): 1

Property Features:

  • Features:
    []
  • Ownership Type:
    Freehold
  • Parking Type:
    Attached garage , Garage
  • Property Type:
    Single Family
  • Sewer:
    Sanitary sewer

Building Features:

  • Amenities:
    Separate Hydro Meters
  • Appliances:
    [] , All
  • Basement Development:
    Finished
  • Basement Type:
    Full
  • Building Type:
    House
  • Construction Style - Attachment:
    Semi-detached
  • Cooling Type:
    Central air conditioning
  • Exterior Finish:
    Brick , Vinyl siding
  • Foundation Type:
    Poured Concrete
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Rooms

  • 3rd Bedroom:
    Level: 2nd 4.70 m x 2.80 m
  • 4th Bedroom:
    Level: 2nd 3.60 m x 2.60 m
  • Bathroom:
    Level: 2nd 2.80 m x 1.50 m
  • Laundry:
    Level: 2nd 2.70 m x 1.50 m
  • Master Bedroom:
    Level: 2nd 5.90 m x 5.50 m
  • Bathroom:
    Level: 2nd 2.40 m x 2.50 m
  • Other:
    Level: 2nd 2.30 m x 1.50 m
  • 2nd Bedroom:
    Level: 2nd 4.20 m x 2.80 m
  • Dining:
    Level: Basement 2.20 m x 4.00 m
  • Living:
    Level: Basement 2.90 m x 2.70 m
  • Kitchen:
    Level: Basement 2.90 m x 2.30 m
  • 5th Bedroom:
    Level: Basement 4.30 m x 3.30 m
  • Bathroom:
    Level: Basement 2.80 m x 1.60 m
  • Utility:
    Level: Basement 2.20 m x 5.90 m
  • Foyer:
    Level: Main 6.90 m x 3.00 m
  • Kitchen:
    Level: Main 4.60 m x 5.50 m
  • Living:
    Level: Main 5.50 m x 3.30 m
  • Dining:
    Level: Main 5.50 m x 2.30 m
  • Bathroom:
    Level: Main 1.50 m x 1.20 m
  • Utility:
    Level: Main 2.20 m x 1.20 m

Listing courtesy of: 

EXP REALTY

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