269-271 Queen Mary Street, Overbrook - Castleheights And Area, ON K1K 1X1

$1,658,000
8
BD
8
BA
2,500
SqFt

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List Price
$1,658,000
MLS#
X13680950
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
2-Storey
Bedrooms
8
Bathrooms
8
Living Area
2500-3000
Province
ON
Municipality
Overbrook - Castleheights And Area
Area
Ottawa
Neighborhood
3502 - Overbrook/Castle Heights
Subdivision
Edith Ave/Queen Mary St. & Lola St/Queen Mary St.

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 Main-Floor unit rented for $3000/month. 271 Main-Floor unit is vacant. 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).

Additional Information

Taxes
$10,000
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
4
Exterior
Brick, Wood
Garage Spaces
2
Garage Type
Built-In
Pool
None
Parking Spaces
4

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of FIRST CHOICE REALTY ONTARIO LTD..