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MLS® X12383772

  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential
Size -
Garage No
Taxes $9,374
Lot Size 
Approx. Age 
MLS® Number X12383772

Property Address: 484 Queen Mary St, Ottawa, ON, K1K1W2

Average square foot calculated using Size range provided by listing agent.

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!Show Description
MLS® NumberX12383772
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementApartment
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

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  • Commute

Commute

Starting Address
Destination Address
484 Queen Mary St, Ottawa, ON

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