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Gary Underwood

garywunderwood@gmail.com +1(613) 862-3420

$ 1,799,000

Est. payment | -/mo

8 Beds

8 Baths

Save Virtual Tour

$ 1,799,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

8 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision 3502 - Overbrook/Castle Heights

MLS Listing ID X12846038

Style 2-Storey

Bedrooms 8

Annual Tax Amount $5,000

Tax Year 2025

Property Sub-Type Fourplex

Property Description

Welcome to 271/269 Queen Mary; a 4 unit building composed of 2 semi-detached duplex's in a prime Ottawa location. This modern 2-storey build offers exceptional flexibility for investors and owner-occupants alike, featuring a self-contained basement apartment on each half with their own private separate entrances. The upper units showcase contemporary finishes, large open-concept main floor layouts, and bright, well-proportioned living spaces designed for today's lifestyle. The open concept kitchens are complete with beautiful quartz countertops and modern stainless steel appliances making the space highly usable and very appealing to tenants. The main floor spaces are complemented by premium powder rooms and large closets. Upstairs offers 3 large bedrooms, a 5 piece bathroom and a large 4 piece ensuite in each unit. Laundry is made easy as there are side by side washer/dryer combos on the second level. Enjoy morning coffees and endless sunsets on the south facing 2nd level decks! The lower 1 bedroom units are fully independent, providing excellent rental income potential or multigenerational living flexibility. Follow the beautiful interlock to the backyard where you are met by private staircases and sizeable landings before entering. The open concept kitchens, living and dinning areas make the spaces feel large and allows light to flood into the living spaces. The basement units enjoy the same premium stainless steel kitchen appliances and quartz countertops found in the upper units. Complete with beautiful 3 piece bathrooms and their own laundry machines, these units provide amazing livability and value to anyone who enjoys the space. 269 and 271 Main-Floor units each rent for $3000/month. Basement of 269 is vacant. Basement of 271 pays $1700/month. Tenant pays heat/hydro/T.V/internet. Owner pays water/gas/insurance/taxes/snow removal. Landlord insurance roughly $6000/year. Water averages about $92.5/month (combined for all units).

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Family Room No

Basement Apartment, Finished, Finished with Walk-Out, Full, Separate Entrance, Walk-Out, Walk-Up

Kitchen 4

Separate Den/Office 2

Interior

Interior Features Accessory Apartment, Carpet Free, Guest Accommodations, In-Law Capability, Water Heater Owned

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Garage Spaces 2.0

Pool None

Roof Type Shingles

Lot Frontage 50.0

Lot Depth 85.0

Total Parking Spaces 4

Building

Foundation Poured Concrete

Others

ParcelsYN No

Virtual Tour https://unbranded.youriguide.com/269_queen_mary_st_ottawa_on/

Listed by FIRST CHOICE REALTY ONTARIO LTD.

Schools and Properties Nearby

271 Queen Mary ST Overbrook - Castleheights And Area, ON K1K 1X1