Attention savvy investors! Welcome to #522/524 Bay Street, an incredible opportunity to own a well-maintained fourplex in the heart of Centretown! Ideally located on a quiet cul-de-sac just steps from Bank Street, the Glebe and the downtown core. This low-maintenance building offers two bright and airy 2-bed units plus two generous 1-bed units, each with access to sprawling unfinished basement space and excellent storage. Tenants enjoy in-suite laundry, private outdoor spaces, and exceptional walkability to shops, restaurants, transit, and amenities. Uniquely versatile, this rare offering provides option to maintain the current 4-unit layout, owner occupy unit 1-524 as a pied-de terre, set your own rent with a future tenant or explore the option to sever the property into two parcels (each half of the building has its own water supply and sewer line). With stable tenants and minimal groundskeeping, this established income property is a healthy addition to any portfolio with a strong cap rate. Invest confidently in one of Ottawas most sought-after rental locations. Some photos virtually staged. 24 hours irrevocable on all offers.
For sale
C$1,089,000
522/524 Bay St, Ottawa, ON K1R 6B4
6beds
5baths
Quadruplex
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 19 days
- on Zillow |
- 52 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: May 30, 2025 at 09:23am
Listed by:
ROYAL LEPAGE PERFORMANCE REALTY
Source: TRREB,MLS®#: X12164246
Originating MLS®#: OREB

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Primary bedroom
- Level: Main
- Dimensions: 4.91 x 2.66
Primary bedroom
- Level: Second
- Dimensions: 3.31 x 2.53
Primary bedroom
- Level: Main
- Dimensions: 5.14 x 2.72
Primary bedroom
- Level: Second
- Dimensions: 3.25 x 2.56
Bedroom
- Level: Second
- Dimensions: 2.35 x 2.16
Bedroom 2
- Level: Second
- Dimensions: 3.1 x 2.15
Bathroom
- Level: Basement
- Dimensions: 1.93 x 1.53
Bathroom
- Level: Second
- Dimensions: 2.22 x 1.72
Bathroom
- Level: Main
- Dimensions: 1.98 x 1.67
Bathroom
- Level: Main
- Dimensions: 2.12 x 1.43
Bathroom
- Level: Second
- Dimensions: 1.96 x 1.82
Foyer
- Level: Main
- Dimensions: 3.71 x 2.12
Other
- Level: Basement
- Dimensions: 2.55 x 1.93
Kitchen
- Level: Main
- Dimensions: 4.55 x 4.1
Kitchen
- Level: Main
- Dimensions: 4.47 x 4.08
Kitchen
- Level: Second
- Dimensions: 4.34 x 2.7
Kitchen
- Level: Second
- Dimensions: 386 x 2.41
Laundry
- Level: Basement
- Dimensions: 6.47 x 4.17
Living room
- Level: Main
- Dimensions: 4.59 x 4.73
Living room
- Level: Second
- Dimensions: 4.4 x 3.12
Living room
- Level: Main
- Dimensions: 4.52 x 4.43
Living room
- Level: Second
- Dimensions: 4.34 x 3.04
Other
- Level: Basement
- Dimensions: 4.47 x 4.07
Other
- Level: Basement
- Dimensions: 3.76 x 3.23
Other
- Level: Basement
- Dimensions: 3 x 3.21
Utility room
- Level: Basement
- Dimensions: 4.74 x 9.83
Heating
- Forced Air, Gas
Cooling
- None
Features
- None
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Living area range: 3000-3500 null
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Stories: 2
- Patio & porch: Patio, Porch
- Pool features: None
Lot
- Size: 2,887.57 Square Feet
Details
- Parcel number: 041220135
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick
- Foundation: Stone
- Roof: Tar/Gravel,Asphalt Rolled
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Ottawa
Financial & listing details
- Annual tax amount: C$11,303
- Date on market: 5/22/2025
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