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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Ottawa
  • 4103 - Ottawa Centre
  • 514 Lyon Street N
514-lyon-street-n-ottawa-ontario-x13236514
514-lyon-street-n-ottawa-ontario-x13236514
514-lyon-street-n-ottawa-ontario-x13236514
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  • For SaleAdded 16 days ago
  • Multiplex

514 Lyon Street N

Ottawa, 4103 - Ottawa Centre
  • 6 Bedrooms
  • 5 Bathrooms
  • 0 Garage
  • Share
Listed for: $1,350,000
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Key Facts About 514 Lyon Street N, Ottawa

  • Tax$8,688 / 2026
  • Property TypeResidential
  • Building TypeMultiplex
  • Building Style2-Storey
  • Size1500 - 2000 feet²
  • Lot Size66 x 33 feet
  • Parking0 garage, 3 parking
  • BasementApartment
  • Listing #X13236514
  • Data SourcePROPTX
  • Days on Market16
  • Listed On03/06/2026
  • Updated On03/06/2026
  • Market Demand
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Description

Welcome to 514 Lyon St, a turn-key 5-unit investment property ideally located in the heart of Centretown, one of Ottawa's most desirable and consistently strong rental markets. Generating $97,740 in gross annual income at a 5.8% cap rate, this well-maintained asset offers investors a rare opportunity to assume approximately $1.049M in existing financing at an attractive 4.25% interest rate with a 40-year amortization until June 1, 2030, providing a significant financing advantage in today's market. The property has undergone extensive recent up

Property Details of 514 Lyon Street N, Ottawa

Property

  • Property TypeMultiplex
  • Style2-Storey
  • Fronting OnW
  • Community4103 - Ottawa Centre
  • MunicipalityOttawa

Inside

  • Bedrooms6
  • Bathrooms5
  • BasementApartment
  • Kitchen5
  • Rooms15
  • Family RoomsN
  • Central VacN
  • FireplaceN

Utilities

  • WaterMunicipal
  • CoolingCentral Air
  • Heating TypeBaseboard
  • Heating FuelGas
    • ElectricityY

Building

  • Size1500 - 2000 feet²
  • Architecture Style2-Storey
  • Exterior FeatureVinyl Siding

Parking

  • Drive WayAvailable
  • Garage0
  • Parking Places3
  • Total Parking Places3

Land

  • SewerSewer
  • Frontage66
  • Depth33
  • ZoningR4S[478], Unassigned
  • Lot Size66 x 33 feet
  • Lot Size CodeFeet
  • Cross StreetLyon St N / Flora St

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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About 514 Lyon Street N, Ottawa

It is a 6 bedroom, 5 bathroom, Multiplex property located at 4103 - Ottawa Centre. It is a 2-Storey building, facing West. 514 Lyon Street N, Ottawa lies on 66 x 33 feet lot. Baseboard, Gas heating systems are used in heating/cooling systems for 514 Lyon Street N, Ottawa. This property which is located in Lyon Street does not have a pool. This property located in Ottawa doesn't have a fire place.

FAQs About 514 Lyon Street N, Ottawa

How many bathrooms does this property have?

This property features 5 bathroom(s) and 6 bedroom(s).

Does this 6 bedroom property have additional bedrooms or a den?

This Multiplex property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Multiplex property?

The total square footage of this Multiplex 6 bed property in Ottawa is 1500 - 2000.

How many parking spaces are available with this property?

514 Lyon Street N boasts 3 convenient parking spaces.

How many cars can be parked in the garage of 514 Lyon Street N?

This property does not feature a garage.

What type of garage does this property have?

Information about the garage type is not provided.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Apartment basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 5 kitchen(s).

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Baseboard.

What utilities are available for this property?

This property include following utilities : Electricity.

School Rating for 514 Lyon Street N, Ottawa

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Listing History

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