324 Queen Mary Street

Ottawa, Ontario K1K 1W9

14 Bedrooms

2 Bathrooms

1,100 - 1,500 sqft Interior

4 Parking spaces

36 X 85.2 Ft Lot size

2 days ago Listed

Window Air Conditioner Forced Air Finished basement

Request a tour Ask a question

About this home

CASH FLOWING legal rooming house on two adjacent, south-fronting lots offered together in one of Ottawa's fastest-growing urbancores. Providing significant holding income while you navigate the site plan process in the case of future development. 14 rooms eachrented for $520/month+. Zoning supports high-intensity residential (apartments, stacked towns, or low-rise). Unbeatable location.Maximize your footprint by combining these separate titles or keep them independent for future resale flexibility. (id:28469)

Facts & features

Property

MLS® Number: X14089806
Property Type: Single Family
Community Name: 3502 - Overbrook/Castle Heights
Ownership: Freehold
Equipment Type: Water Heater
Features: Carpet Free
Parking Space Total: 4
Rental Equipment Type: Water Heater

Building

Bathroom Total: 2
Bedrooms Above Ground: 14
Bedrooms Total: 14
Appliances: Refrigerator
Basement Development: Finished
Basement Type: N/a (finished)
Construction Style Attachment: Semi-detached
Cooling Type: Window Air Conditioner
Exterior Finish: Brick
Foundation Type: Poured Concrete
Heating Fuel: Natural Gas
Heating Type: Forced Air
Stories Total: 2
Size Interior: 1,100 - 1,500 Sqft
Type: House
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 85 Ft ,2 In
Size Frontage: 36 Ft
Size Irregular: 36 X 85.2 Ft
Size Total Text: 36 X 85.2 Ft
Zoning Description: N4b H(11)

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

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: $1,660/mo
Ontario land transfer tax: $4,100 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Overbrook/Castle Heights market

37 Active listings

$750,000 Median asking price

50% below median This home

41 days Avg. time on market

Browse all Overbrook/Castle Heights listings →

Location

324 Queen Mary Street, Ottawa, Ontario K1K 1W9 · Get directions