Address
550 Guy Street, Ottawa, ON
Price
$ 1,799,900

Your Agent

Anna Turner

Sales Representative

613-769-4747


Listing provided by Anna Turner, Sales Representative, REMAX Hallmark Realty Group

Property Attributes
  • ID#X13484064
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityOttawa
  • CityOttawa
  • Area3502 - Overbrook/Castle Heights
  • Neighbourhood3502 - Overbrook/Castle Heights
  • Postal CodeK1K 1B9
  • Style
  • Price$ 1,799,900
  • Bedrooms9
  • Bathrooms6
  • Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description

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:7434)

General Features

Features Carpet Free
Property Type Multi-family
CommunityName 3502 - Overbrook/Castle Heights
Building Age 6 to 15 years
Building Amenities Separate Electricity Meters
Building Appliances Water Heater
Building Basement Features Apartment in basement
Building Cooling Type Central air conditioning
Location Description Cross Streets: Guy / St Laurent. ** Directions: St Laurent to Guy.
Parking Space Total 5
Foundation Type Poured Concrete
Building Type Other
Building.StoriesTotal 3

Interior Features

Building Fireplace Present False
Building Heating Type Forced air
Building Heating Fuel Natural gas
Basement Type N/A
Living Area Range 3500
Bedrooms 9

Exterior Features

Sewer Sanitary sewer
Exterior Finish Brick, Stone

Room Details

Room Dimensions Level Flooring Details
Bathroom 2.74 m x 1.52 m Main level 1.52 m
Bedroom 3.02 m x 2.46 m Main level 2.46 m
Dining room 3.65 m x 3.04 m Main level 3.04 m
Kitchen 3.65 m x 3.04 m Main level 3.04 m
Laundry room 2.74 m x 1.52 m Main level 1.52 m
Living room 4.41 m x 5.33 m Main level 5.33 m
Primary Bedroom 5.33 m x 4.26 m Main level 4.26 m

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K1K 1B9

Price
AVG $830K
$1.8M

Your Agent

Anna Turner

Sales Representative

613-769-4747


Listing provided by Anna Turner, Sales Representative, REMAX Hallmark Realty Group

Listed By
RE/MAX HALLMARK REALTY GROUP

Areas We Cover