484 Queen Mary St

For Sale 45 Days
$1,799,900
11 beds
5 baths

484 Queen Mary St

For Sale 45 Days
$1,799,900
11 beds
5 baths

Highlights

Key insights

Description

Fantastic investment opportunity! Well-positioned 6-UNIT building in a rapidly growing area, offering both steady income and future upside. Four units are currently occupied, two at market rents (renovated) and two with long-term tenants paying below-market rents, leaving room for increased returns. Two fully renovated units with modern finishes are vacant, allowing the new owner to set rents and select tenants. Additional income from coin-operated laundry and rentable on-site parking enhances cash flow. The property sits in a prime redevelopment area where older homes are being replaced with multi-unit projects, driving demand and property values. With a generous lot size and R4UC zoning, there is exciting potential for future development. This is a rare chance to acquire a stabilized asset with strong current income and significant appreciation potential ideal for investors seeking both stability and growth. Come see it today! (id:63267)

Omar Hashem of LOTFUL REALTY,
#X12383772
updated 6 days ago.
Houseful checked MLS® for data 6 days ago.

Home overview

Amenities / Utilities
  • Heat source
    Electric
  • Heat type
    Baseboard heaters
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    2
  • # parking spaces
    6
Interior
  • # full baths
    5
  • # total bathrooms
    5.0
  • # of above grade bedrooms
    11
Location
  • Subdivision
    3502 - overbrook/castle heights
  • Directions
    2151968
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12383772
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28819613/484-queen-mary-street-ottawa-3502-overbrookcastle-heights
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-4,800

/ Month
25 Years fixed, 20% down payment, % interest
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