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.
Address
503 Cote Street
List Price
$925,000
MLS® Status
New
Expiration Date
2026-08-15
Property Type
Residential Freehold
Type of Dwelling
Semi-Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Overbrook - Castleheights and Area
Sub-Area
3502 - Overbrook/Castle Heights
Region
Ottawa
Bedrooms
4 + 1
Bedrooms (Total)
5
Rooms Above Grade
19
Bathrooms
4
Floor Area
2000-2500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
86.42
Lot Size Units
Feet
Lot Width
25
Parcel Number
042430332
Occupant Type
Vacant
Cross Street
Cote Street and Vernon Avenue
MLS® Number
X12856064
Listing Brokerage
EXP REALTY
Basement Area
Full, Finished
Postal Code
K1K 0Z8
Posession Details
OTHER
Parking Places (Total)
3
Parking Spaces
2
Tax Amount
$7,139.31
Tax Year
2025
Interior Features
Water Heater Owned, Separate Hydro Meter, In-Law Suite
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Ottawa Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick, Vinyl Siding
Direction Faces
North
Fireplace
No
Foundation Details
Poured Concrete
Garage
Yes
Garage Type
Attached
Covered Spaces
1
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 4 PL 222 BEING PT 2 ON PL 4R-31553 CITY OF OTTAWA
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Foyer | 6.9 x 3 | |
| Main | Kitchen | 4.6 x 5.5 | |
| Main | Living Room | 5.5 x 3.3 | |
| Main | Dining Room | 5.5 x 2.3 | |
| Main | Bathroom | 1.5 x 1.2 | |
| Main | Utility Room | 2.2 x 1.2 | |
| Second | Primary Bedroom | 5.9 x 5.5 | |
| Second | Bathroom | 2.4 x 2.5 | |
| Second | Other | 2.3 x 1.5 | Walk-In Closet(s) |
| Second | Bedroom 2 | 4.2 x 2.8 | |
| Second | Bedroom 3 | 4.7 x 2.8 | |
| Second | Bedroom 4 | 3.6 x 2.6 | |
| Second | Bathroom | 2.8 x 1.5 | |
| Second | Laundry | 2.7 x 1.5 | |
| Basement | Dining Room | 2.2 x 4 | |
| Basement | Living Room | 2.9 x 2.7 | |
| Basement | Kitchen | 2.9 x 2.3 | |
| Basement | Bedroom 5 | 4.3 x 3.3 | |
| Basement | Bathroom | 2.8 x 1.6 | |
| Basement | Utility Room | 2.2 x 5.9 |
Open Houses
- March 08, 2:00 PM - 4:00 PM