Call us

(613) 804-9999

Free estimation

Click here

484 QUEEN MARY STREET

Ottawa, Ontario K1K1W2

$1,799,900 for sale



MLS®:
X12383772
Contract Days:
10
Community:
Ownership:
Property Type:
Other
Total Size:
72 x 92 FT
Built Date:
Parking:
6
Bedrooms:
11+
Bathrooms:
5
Interior Features

Construction Style:
Total Stories:
2
Total Bedrooms:
11
Bedrooms Above Ground:
11
Bedrooms Below Ground:
Total Bathrooms:
5
Whole Bathrooms:
5
Half Bathrooms:
Basement Type:
N/A
Basement Development:
Appliances:
Stove, Refrigerator
Exterior Features

Built Date:
Exterior Finish:
Brick, Vinyl siding
Foundation Type:
Poured Concrete
Utitilies

Heating Type:
Baseboard heaters
Heating Fuel:
Electric
Cooling Type:
Utility Water:
Municipal water
Sewer:
Sanitary sewer
Total Fireplaces:
Type
Level
Size

Note

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:19004)

Disclaimer



This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.