Room 1
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Overbrook/Castle Heights, Ottawa, Ontario K1K 1X1
LIVE in a beautiful, 2024 built 3 bedroom semi detached home while ENJOYING ADDITIONAL INCOME from a LEGAL 1 BEDROOM BASEMENT APARTMENT with its own private entrance! Welcome to 271 Queen Mary Street, offering the perfect combination of modern living and investment potential. Perfect for homeowners looking to offset their mortgage, investors seeking rental income, or families needing additional living space. The bright, open concept main floor features beautiful hardwood flooring, a cozy gas fireplace, contemporary finishes and a stylish kitchen complete with quartz countertops and stainless steel appliances. Upstairs offers 3 spacious bedrooms, including a primary bedroom with a private 4 piece ensuite, an additional 5 piece bathroom and convenient second floor laundry. Enjoy relaxing outdoors on the upper level deck or entertaining on the backyard patio overlooking the fully fenced yard. The finished basement features a bright 1 bedroom apartment with its own private entrance, 3-piece bathroom and separate laundry. An added bonus: the neighbouring semi at 269 Queen Mary Street is also available for purchase, offering the rare opportunity to own both properties and a total of four residential units! Rental Details: 269 Queen Mary main floor rents for $3,000/month; 269 basement is vacant; 271 main floor is vacant; 271 basement rents for $1,700/month. Total $56,400 yearly income with only 2 units being occupied and up to a potential of $112,800 for all 4 units.Tenant pays heat/hydro/T.V/internet. Owner pays water/gas/insurance/taxes/snow removal. A fantastic opportunity to own a modern home while benefiting from additional income!
Buy/Sell history for 271 Queen Mary St, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $799,900 | N/A | For Sale | X14177140 |
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
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Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Province of Ontario open data · Municipal building permits
Municipal transit open data · Provincial and municipal trail maps
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Monthly Payment
$3,667
Total monthly payment
$4,067
Break-even down payment
100%
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$799,900
$799,900
CAD
Estimated market value
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