**Welcome to 67 Queen Mary Street in the heart of Overbrook!** This fantastic investment opportunity sits on a large double lot with desirable **R3M zoning** in one of Ottawa's fastest-growing neighbourhoods. Currently configured as **two self-contained rental units**, each unit features its own **private laundry, refrigerator, stove, hood fan, and full bathroom**, making it a true turnkey investment. **Both Unit A and Unit B are currently tenanted at $1,800 per month**, providing excellent rental income. The property has been **updated throughout**, including updated electrical, insulation, flooring, kitchen, bathroom, walls, and a renovated lower-level room. The home still offers plenty of its original charm while providing excellent income potential. Located in an area undergoing significant rejuvenation with new homes, multiplexes, and redevelopment projects, this property offers tremendous future potential while being within walking and biking distance to **Sandy Hill, the University of Ottawa, parks, schools, shopping, and public transit**. **Please allow 24 hours' notice for all showings and offers due to the existing tenants.** (id:28469)
Facts & features
Property
MLS® Number
X13582936
Property Type
Single Family
Community Name
3502 - Overbrook/Castle Heights
Ownership
Freehold
Equipment Type
Water Heater
Parking Space Total
3
Pool Type
Inground Pool, Outdoor Pool
Rental Equipment Type
Water Heater
Building
Bathroom Total
2
Bedrooms Above Ground
3
Bedrooms Total
3
Age
100+ Years
Appliances
Water Heater - Tankless, Dryer, Two Stoves, Two Washers, Two Refrigerators
Basement Development
Unfinished
Basement Type
N/a (unfinished)
Construction Style Attachment
Detached
Cooling Type
Central Air Conditioning
Exterior Finish
Vinyl Siding, Aluminum Siding
Foundation Type
Concrete
Heating Fuel
Electric, Natural Gas
Heating Type
Baseboard Heaters, Forced Air
Stories Total
2
Size Interior
1,500 - 2,000 Sqft
Type
House
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
85 Ft
Size Frontage
50 Ft ,8 In
Size Irregular
50.7 X 85 Ft
Size Total Text
50.7 X 85 Ft
Zoning Description
R3m
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$3,099/mo
Ontario land transfer tax
$10,475 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.