503 COTE STREET, Ottawa, Ontario K1K 0Z8
$1,049,900.00
- 5 bedrooms
- 4 bathrooms
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 ... read more
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:25417)
- Listing ID: X12034379
- Property Type: Single Family
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | 25 by 86.4 FT |
| Parking: | Attached Garage 3 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Dishwasher, Dryer, Hood Fan, Microwave, Refrigerator, Stove, Washer and Water Heater |
| HVAC: | Baseboard Heaters, Central Air Conditioning and Fireplace Natural Gas |
| Exterior: | Brick and Vinyl Siding |
| Basement: | Full (Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Ottawa |
| Province: | Ontario |
| Nearby Amenities: | Park and Schools |
| Rooms | Level | Dimensions |
|---|---|---|
| Bedroom 3 | Second level | 4.64 m x 2.79 m |
| Bedroom 4 | Second level | 3.53 m x 2.71 m |
| Bathroom | Second level | 2.84 m x 1.57 m |
| Laundry room | Second level | 2.81 m x 1.57 m |
| Primary Bedroom | Second level | 5.68 m x 5.25 m |
| Bathroom | Second level | 2.59 m x 2.41 m |
| Bedroom 2 | Second level | 4.34 m x 2.79 m |
| Kitchen | Lower level | 3.2 m x 2.43 m |
| Dining room | Lower level | 2.46 m x 2.1 m |
| Living room | Lower level | 4.11 m x 3.2 m |
| Bedroom | Lower level | 4.44 m x 2.99 m |
| Bathroom | Lower level | 2.99 m x 1.49 m |
| Laundry room | Lower level | 3.32 m x 2.1 m |
| Utility room | Lower level | 3.25 m x 2.1 m |
| Foyer | Main level | Measurements not available |
| Utility room | Main level | 2.26 m x 1.35 m |
| Kitchen | Main level | 4.34 m x 4.31 m |
| Dining room | Main level | 3.65 m x 3.35 m |
| Living room | Main level | 5.66 m x 4.19 m |
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