503 Cote Street Ottawa, Ontario K1K 0Z8

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

$950,000

Welcome to 503 Cote Street, a modern 2019-built semi-detached home offering outstanding flexibility and strong income potential. Designed with a legal secondary dwelling unit, this property allows buyers to offset their mortgage by living in one unit while renting the other, or to maximize returns by leasing both. The home produces approximately $53,000+ in annual rental income, with tenants responsible for all utilities. Each unit features its own heating system and hydro meter, with a shared water meter.The main upper-level unit features a bright, open layout enhanced by pot lighting and large windows. The contemporary kitchen is equipped with stainless steel appliances, generous cabinetry, and a central island ideal for entertaining. The primary bedroom includes a walk-in closet and a spa-inspired 5-piece ensuite with double sinks. Three additional bedrooms, a full bathroom, and second-floor laundry complete this level, along with garage parking and an additional surface space. The lower-level unit offers a spacious and light-filled living area with a full kitchen, one bedroom, a 4-piece bathroom, private laundry, and dedicated storage-well suited for students, professionals, or extended family. One surface parking space is included. Outside, enjoy a private, landscaped backyard perfect for relaxing or hosting. The upper unit is vacant, while the lower unit is currently rented at $1,850 + utilities/month . A rare opportunity to secure a turn-key, income-producing property in a desirable location. (id:53622)

Open House

This property has open houses!

February
15
Sunday
Starts at:

2:00 pm

Ends at:

4:00 pm

Property Details

MLS® Number X12782388
Property Type Single Family
Community Name 3502 - Overbrook/Castle Heights
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, All
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 Forced Air
Stories Total 2
Size Interior 2,000 - 2,500 Ft2
Type House
Utility Water Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
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

Rooms

Level Type Dimensions
Second Level Bedroom 3 4.7 m x 2.8 m
Second Level Bedroom 4 3.6 m x 2.6 m
Second Level Bathroom 2.8 m x 1.5 m
Second Level Laundry Room 2.7 m x 1.5 m
Second Level Primary Bedroom 5.9 m x 5.5 m
Second Level Bathroom 2.4 m x 2.5 m
Second Level Other 2.3 m x 1.5 m
Second Level Bedroom 2 4.2 m x 2.8 m
Basement Dining Room 2.2 m x 4 m
Basement Living Room 2.9 m x 2.7 m
Basement Kitchen 2.9 m x 2.3 m
Basement Bedroom 5 4.3 m x 3.3 m
Basement Bathroom 2.8 m x 1.6 m
Basement Utility Room 2.2 m x 5.9 m
Main Level Foyer 6.9 m x 3 m
Main Level Kitchen 4.6 m x 5.5 m
Main Level Living Room 5.5 m x 3.3 m
Main Level Dining Room 5.5 m x 2.3 m
Main Level Bathroom 1.5 m x 1.2 m
Main Level Utility Room 2.2 m x 1.2 m

https://www.realtor.ca/real-estate/29353205/503-cote-street-ottawa-3502-overbrookcastle-heights