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322 LYON STREET N, Ottawa — listed at $879,999. Earn buyer cashback at closing. No catches, just more money in your pocket.
*** Additional Listing Details - Click Brochure Link *** Offset Your Mortgage With $1,750/month In Existing Rental Income. This Legal Centretown Duplex Features A 2-bedroom, 3-bathroom Main Residence And A Separate 1-bedroom Apartment. The Main Unit Has An Estimated Market Rent Of $3,500/month, Offering Potential Combined Gross Rental Income Of $5,250/month. The Main Home Features Cathedral Ceilings, Skylights, Hardwood Floors, A Sunroom And Home Office Space. Major Improvements Include Roof And Skylight Replacement (2019), Extensive Masonry Repointing (2024 And 2025), And A Three-Head Ductless Heat Pump (2026). Smart-Home Upgrades Include A Connected Thermostat, Security Cameras, Smart Lighting And Locks. Three Parking Spaces Provide Additional Flexibility And Potential Rental Income. (id:60164)
Is there air conditioning?+
Yes — wall unit cooling is in place.
How is the space laid out across floors?+
This is a 3-storey multi-family. The 3 bedrooms and 4 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What's the parking situation?+
This property includes 3 spaces — No Garage.
Is 322 LYON STREET N a good fit for a growing family?+
With 3 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office. The 3-storey layout keeps living and sleeping areas separated.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $8,778, heating is radiant heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is radiant heat, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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