503 COTE STREET

Single Family For Sale in Ottawa, Ontario

$1,049,900
  • 5 Beds
  • 4 Baths
  • 2,000 Sq. Ft.
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:4069)
Address
503 COTE STREET
List Price
$1,049,900
Property Type
Single Family
Type of Dwelling
House
Area
Ontario
Sub-Area
Ottawa
Bedrooms
5
Bathrooms
4
Floor Area
2,000 Sq. Ft.
Lot Size
25 x 86.4 FT Sq. Ft.
MLS® Number
X12034379
Listing Brokerage
AVENUE NORTH REALTY INC.
Basement Area
Full (Finished)
Postal Code
K1K0Z8
Zoning
Residential
Site Influences
Park, Schools
Features
In-Law Suite
Amenities
Separate Electricity Meters

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YOW Home Team

Innovation Realty

102-659 Sue Holloway Drive Nepean On K2J 5G3

Office: 613-755-2278

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