ON
Ottawa
K1K1W2
484 Queen Mary Street
484 Queen Mary Street, Ottawa, ON K1K1W2
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Listing Type
Multi Family
Listing Status
active
28
$1,799,900

Home Details for 484 Queen Mary Street

Price
$1,799,900
Type
Residential Income
Bedrooms
11
Bathrooms
5.0
Square feet
NaN
Parking
Days on site
6
Listing #
X12383772
Property Description

Fantastic investment opportunity! Well-positioned 6-UNIT building in a rapidly growing area, offering both steady income and future upside. Four units are currently occupied, two at market rents (renovated) and two with long-term tenants paying below-market rents, leaving room for increased returns. Two fully renovated units with modern finishes are vacant, allowing the new owner to set rents and select tenants. Additional income from coin-operated laundry and rentable on-site parking enhances cash flow. The property sits in a prime redevelopment area where older homes are being replaced with multi-unit projects, driving demand and property values. With a generous lot size and R4UC zoning, there is exciting potential for future development. This is a rare chance to acquire a stabilized asset with strong current income and significant appreciation potential ideal for investors seeking both stability and growth. Come see it today! (id:31684)

Property Features
  • Heating Information
    • Baseboard
    • Electric
Listing Courtesy: LOTFUL REALTY
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EXIT REALTY MATRIX, BROKERAGE
2131 St. Joseph Blvd, Ottawa, ON K1C 1E7
Office
613-837-0011
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