For Sale Multi-Family

550 Guy Street

$1,799,900 Est. $7,970/mo ↓

Ottawa, Ontario K1K 1B9

9 Bedrooms
6 Bathrooms
3,500 - 5,000 sqft Interior
5 Parking spaces
59.4 X 108.9 Ft Lot size
55 days ago Listed
Central Air Conditioning Forced Air
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About this home

Luxury triplex built by Blueprint Construction on an oversized lot rarely offered with expansive 1400sq/ft units on each floor. Additional 3 non-conforming studio apartments in the basement built to code. This turnkey newly built multi-family building produces $97,968 net operating income annually. These expansive units with luxury finishes offer a generous 3-bedroom 2-bathroom apartment, all with ample parking. As the real estate cliche goes , a quality rental attracts a quality tenant. Located just minutes from schools, grocery stores, Shopping Centre, restaurants, and public transit. making this an incredible opportunity for any investor looking for a high-earning property with growth potential. "Ottawa's landmark new zoning by-law will legalize all six existing units on this oversized lot at 550 Guy St (N3B)!" (id:28469)

Facts & features

Property
MLS® Number
X13484064
Property Type
Multi-family
Community Name
3502 - Overbrook/Castle Heights
Features
Carpet Free
Parking Space Total
5

Building
Bathroom Total
6
Bedrooms Above Ground
9
Bedrooms Total
9
Age
6 To 15 Years
Amenities
Separate Electricity Meters
Appliances
Water Heater
Basement Features
Apartment In Basement
Basement Type
N/a
Cooling Type
Central Air Conditioning
Exterior Finish
Brick, Stone
Foundation Type
Poured Concrete
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
3
Size Interior
3,500 - 5,000 Sqft
Type
Other
Utility Water
Municipal Water

Parking
No Garage
—

Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
108 Ft ,10 In
Size Frontage
59 Ft ,4 In
Size Irregular
59.4 X 108.9 Ft
Size Total Text
59.4 X 108.9 Ft

Monthly payment estimate

$
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
$7,970/mo
Ontario land transfer tax
$32,473 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

31 Active listings
$829,000 Median asking price
117% above median This home
43 days Avg. time on market
Browse all Overbrook/Castle Heights listings →

Rooms

Main Level

  • Primary Bedroom 5.33 m x 4.26 m
  • Bedroom 3.7 m x 4.06 m
  • Bedroom 3.02 m x 2.46 m
  • Dining Room 3.65 m x 3.04 m
  • Kitchen 3.65 m x 3.04 m
  • Laundry Room 2.74 m x 1.52 m
  • Living Room 4.41 m x 5.33 m
  • Bathroom 2.74 m x 1.82 m
  • Bathroom 2.74 m x 1.52 m

Location

550 Guy Street, Ottawa, Ontario K1K 1B9  ·  Get directions

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Last Updated
August 13 2026 06:02:58
Data Provider
Ottawa Real Estate Board
Listing Office
RE/MAX Hallmark Realty Group

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