Price reduced $50,000 on August 16, 2026

9 Bedrooms

6 Bathrooms

3,500 - 5,000 sqft Interior

5 Parking spaces

59.4 X 108.9 Ft Lot size

4 days ago Listed

Central Air Conditioning Forced Air

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

The Overbrook/Castle Heights market

30 Active listings

$826,950 Median asking price

118% above median This home

33 days Avg. time on market

Browse all Overbrook/Castle Heights listings →

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: $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.

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

550 Guy Street