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503 Cote Street Ottawa, Ontario K1K 0Z8

5 Bedroom 4 Bathroom 2,000 - 2,500 ft2
Central Air Conditioning Baseboard Heaters

$1,049,900

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:28469)

Property Details

MLS® Number X12034379
Property Type Single Family
Neigbourhood Rideau-Rockcliffe
Community Name 3503 - Castle Heights
Amenities Near By Park, Schools
Features In-law Suite
Parking Space Total 3

Building

Bathroom Total 4
Bedrooms Above Ground 4
Bedrooms Below Ground 1
Bedrooms Total 5
Amenities Separate Electricity Meters
Appliances Water Heater, Dishwasher, Dryer, Hood Fan, Microwave, Stove, Washer, Refrigerator
Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Semi-detached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Foundation Type Poured Concrete
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 2,000 - 2,500 Ft2
Type House
Utility Water Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
Land Amenities Park, Schools
Sewer Sanitary Sewer
Size Depth 86 Ft ,4 In
Size Frontage 25 Ft
Size Irregular 25 X 86.4 Ft
Size Total Text 25 X 86.4 Ft
Zoning Description Residential

Rooms

Level Type Dimensions
Second Level Bedroom 3 4.64 m x 2.79 m
Second Level Bedroom 4 3.53 m x 2.71 m
Second Level Bathroom 2.84 m x 1.57 m
Second Level Laundry Room 2.81 m x 1.57 m
Second Level Primary Bedroom 5.68 m x 5.25 m
Second Level Bathroom 2.59 m x 2.41 m
Second Level Bedroom 2 4.34 m x 2.79 m
Lower Level Kitchen 3.2 m x 2.43 m
Lower Level Dining Room 2.46 m x 2.1 m
Lower Level Living Room 4.11 m x 3.2 m
Lower Level Bedroom 4.44 m x 2.99 m
Lower Level Bathroom 2.99 m x 1.49 m
Lower Level Laundry Room 3.32 m x 2.1 m
Lower Level Utility Room 3.25 m x 2.1 m
Main Level Foyer Measurements not available
Main Level Utility Room 2.26 m x 1.35 m
Main Level Kitchen 4.34 m x 4.31 m
Main Level Dining Room 3.65 m x 3.35 m
Main Level Living Room 5.66 m x 4.19 m