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Living Room
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See all 31 photos
Active
Multiplex
· Added 89 days ago
Listed for $1,579,000
514 Bay St
10
Beds
6
Baths
3
Parking
3500-5000
sqft
Key Facts
Tax
$11,436 / year
Property Type
Multiplex, 3-Storey
Size
3500-5000 sqft
Parking
3 Driveway, Private
Basement
Unfinished
MLS#
X12927004
Brokerage
RE/MAX HALLMARK REALTY GROUP
Days on Site
89
Property Details
Property
Type
Multiplex
Style
3-Storey
Exterior
Brick
Roof
Tar and Gravel
Foundation
Concrete
Inside
Bedrooms
10
Bathrooms
6
Bath ()
6 (3-pc)
Kitchens
6
Basement
Unfinished
Utilities
Heating
Baseboard
Air Conditioning
None
Sewer
Sewers
Water
Municipal
Building
Size
3500-5000 sqft
Exterior
Brick
Parking
Driveway
Private
Garage Type
None
Parking Spaces
3
Driveway Spaces
3
Outdoor
Pool
None
Description
Welcome to 514 & 516 Bay Street, an excellent opportunity to own a well-maintained 5+1-unit building in the heart of Centretown, offering a solid 6.4% cap rate and positive cash flow. This property combines stable income with immediate rental upside. Located on the corner of Bay and Gladstone, the b...
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Listing History
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Estimates
Home Value Estimate
Estimated Value
$1,473,159
Range
$1,203,071
$1,743,247
Confidence
18%
Estimated Date
Mar 27, 2026
Value History
Estimated Value

Mortgage Calculator

Home Price
Amortization Term
25 years
Interest Rate
%
Down Payment
0%
50%
100%
Mortgage Payment
$7,540/mo
Principal
$1,178,527
Down Payment
$294,632
Total Interest
$1,083,473

Cash Flow Analysis

Mortgage Payment
$0/mo
(from calculator)
Monthly Payment (total costs)
$953/mo
Mortgage ($0) + Tax ($953)
Property Tax (Monthly)
Maintenance Cost
Rental Income
-$953
Cash Flow
Monthly Cash Flow
-$953
/mo
Rental Income
$0
Mortgage
-$0
Property Tax
-$953
Net Cash Flow
-$953
Comparables
Community
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I'd like to book a viewing
Get immediate assistance from our team
437-748-8696
Available 7 days a week, 9am – 9pm EST