For sale
House

503 Cote Street

$1,049,900
Ottawa, Ontario, K1K 0Z8

Overview

  • Updated On:
  • March 25 2025
  • MLS® Number
  • X12034379
  • 5 Bedrooms
  • 4 Bathrooms

Description

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:57887)

Price:
Price Info:
Property Type: Single Family
Building Type: House
Storeys: 2
Neighbourhood: Rideau-Rockcliffe
Title: Freehold
Parking Type: Attached Garage, Garage
Amenities
Separate Electricity Meters
Appliances
Water Heater
Dishwasher
Dryer
Hood Fan
Microwave
Stove
Washer
Refrigerator
Cooling & Heating
Natural gas
Baseboard heaters
Central air conditioning
ExteriorFinish
Brick
Vinyl siding
$ 5,383.05
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,070.67
Bedroom
BedroomsAboveGround: 4
BedroomsBelowGround: 1
BedroomsTotal: 5
Bathroom
BathroomTotal: 4
HalfBathTotal: 1
Basement
BasementDevelopment: Finished
BasementType: Full (Finished)
Size
SizeInterior: 1999.983 - 2499.9795 sqft
Construction
ConstructionStyleAttachment: Semi-detached
FoundationType: Poured Concrete
Utility
UtilityWater: Municipal water
Acreage: No
LandAmenities: Park, Schools
Sewer: Sanitary Sewer
SizeDepth: 86 Ft ,4 In
SizeFrontage: 25 Ft
SizeIrregular: 25 X 86.4 Ft
SizeTotalText: 25 X 86.4 Ft
ZoningDescription: Residential
Second level
Type Dimensions
Bedroom 3 4.64 m x 2.79 m
Bedroom 4 3.53 m x 2.71 m
Bathroom 2.84 m x 1.57 m
Laundry Room 2.81 m x 1.57 m
Primary Bedroom 5.68 m x 5.25 m
Bathroom 2.59 m x 2.41 m
Bedroom 2 4.34 m x 2.79 m
Lower level
Type Dimensions
Kitchen 3.2 m x 2.43 m
Dining Room 2.46 m x 2.1 m
Living Room 4.11 m x 3.2 m
Bedroom 4.44 m x 2.99 m
Bathroom 2.99 m x 1.49 m
Laundry Room 3.32 m x 2.1 m
Utility Room 3.25 m x 2.1 m
Main level
Type Dimensions
Foyer Measurements not available
Utility Room 2.26 m x 1.35 m
Kitchen 4.34 m x 4.31 m
Dining Room 3.65 m x 3.35 m
Living Room 5.66 m x 4.19 m
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