503 COTE STREET new Save Request In-Person Tour Request Virtual Tour
Ottawa,ON K1K0Z8
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $499
Subdivision 3502 - Overbrook/Castle Heights
MLS Listing ID X12150861
Bedrooms 5
Half Baths 1
Property Sub-Type Freehold
Source Ottawa Real Estate Board
Property Description
Welcome to 503 Cote Street. A Beautifully Maintained 2019-Built Semi-Detached with Exceptional Income Potential. This property offers incredible flexibility with a legal secondary dwelling unit, each with it's own private entrance. Whether you're looking to live in one unit and rent the other, or rent out both, this property generates approximately $53,000+ in annual rental income.Tenants pay all utilities except water, making this an efficient investment. Each unit is independently heated and has it's own hydro meter, while sharing one water meter. The main (upper) unit boasts a stylish open-concept layout with upgraded pot lights, large windows that bring in natural light, and a modern kitchen featuring stainless steel appliances, a center island, and ample cabinetry. The spacious primary suite includes a walk-in closet and a luxurious 5-piece ensuite with double vanity. You'll also find three additional bedrooms, a full guest bathroom, and the convenience of second-floor laundry. This unit includes both a garage space and surface parking. The lower-level secondary dwelling unit offers a bright, open living space with a full kitchen, one bedroom, a 4-piece bathroom, and it's own laundry and storage area perfect for students, young professionals, or extended family. This unit comes with one surface parking space. Enjoy outdoor living in the private, landscaped backyard, ideal for relaxation and entertaining. Vacant possession is available. The current owner occupies the lower unit, and the upper unit will be vacated by tenants on May 16th, 2025, allowing you to set your own rents or move in comfortably. Don't miss this versatile, income-generating opportunity in a fantastic location. Book your private showing today! (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level 4.64 m X 2.79 m Bedroom 3
Extra Room 2 Second level 3.53 m X 2.71 m Bedroom 4
Extra Room 3 Second level 2.84 m X 1.57 m Bathroom
Extra Room 4 Second level 2.81 m X 1.57 m Laundry room
Extra Room 5 Second level 5.68 m X 5.25 m Primary Bedroom
Extra Room 6 Second level 2.59 m X 2.41 m Bathroom
Interior
Heating Baseboard heaters
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Ownership Freehold