503 Cote Street, Ottawa, Ontario

$1,049,900

Previous Next

5

Beds

4

Baths

About 503 Cote Street

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:36535)

Features of 503 Cote Street

Listing # X12034379
Price $1,049,900
Bedrooms 5
Bathrooms 4.00
Half Baths 1
Acres 0.00
Type Single Family
Sub-Type Freehold

Community Information

Address 503 Cote Street
Subdivision 3503 - Castle Heights
City Ottawa
Province Ontario
Postal Code K1K0Z8

Amenities

Amenities Park, Schools, Separate Electricity Meters
Features In-Law Suite
Parking Spaces 3
Parking Attached Garage, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Appliances Water Heater, Dishwasher, Dryer, Hood Fan, Microwave, Stove, Washer, Refrigerator
Heating Natural gas Baseboard heaters
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Full (Finished)
Basement Development Finished

Exterior

Exterior Brick, Vinyl siding
Lot Description 25 x 86.4 FT
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of ELI SKAFF and SABRINA MTANOS Of AVENUE NORTH REALTY INC.

Listing Map