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$829,000

Active
271 Queen Mary Street, Ottawa, ON· Overbrook/Castle Heights
3+1
Bedrooms
4
Bathrooms
1100-1500
Sq Ft
$553–$754
Per Sq Ft
2
Attached Parking

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About this Property

LIVE in a beautiful 3 bedroom semi-detached home while RECEIVING RENT FROM LEGAL BASEMENT APARTMENT with its own private entrance. Welcome to 271 Queen Mary Street a two year old, thoughtfully designed 3 bedroom semi-detached with a self-contained basement apartment with its own private separate entrance. The adjacent semi at 271 Queen Mary, is identical and is also for sale. Purchase both sides/semi's for a total of 4 units. The 3 bedroom upper unit showcases contemporary finishes, lovely hardwood floors throughout, gas fireplace, a large open-concept main floor layout, and bright, well-proportioned living spaces designed for today's lifestyle. The open concept kitchen is complete with beautiful quartz countertops and modern stainless steel appliances, ideal for entertaining & family living. The main floor is complemented by a premium powder room and large closet. Upstairs offers 3 large bedrooms, a 5 piece bathroom and a large 4 piece ensuite. Laundry is conveniently located on the 2nd floor with a side by side washer/dryer combo. Enjoy morning coffees and endless sunsets on the south facing 2nd level deck or the rear deck overlooking the fenced backyard. Downstairs is a fabulous spacious 1 bedroom apartment with a private entrance. Built with premium high end finishes. Live upstairs in the nearly new semi while enjoying rent from the basement apartment. Or use the apt., for multigenerational living. The bright basement 1 bedroom unit is complete with a beautiful 3 piece bathroom and its own laundry machines. 269 Queen Mary main floor unit rents for $3000/month, 271 Queen Mary main-floor is vacant. Basement of 269 Queen Mary is vacant. Basement of 271 Queen Mary pays $1700/month. Tenant pays heat/hydro/T.V/internet. Owner pays water/gas/insurance/taxes/snow removal. Landlord insurance roughly $3000/year. Water averages about $92.5/month (combined for all units).

Listed by FIRST CHOICE REALTY ONTARIO LTD. · MLS# X13680948

About Vanier

Urban Revitalizing · Avg $500K

Vanier is a compact urban neighbourhood located just east of the Rideau River from downtown Ottawa, undergoing a significant revitalization that has caught the attention of savvy buyers, investors, and first-time homeowners looking for affordable central living with strong appreciation potential. Once a separate francophone municipality before amalgamation, Vanier retains a distinctive French-Canadian cultural identity while embracing the multicultural diversity that has become one of its defining characteristics.

Avg Home Price$500K
Walk Score80
To ByWard Market10 min
Drive to Downtown8 min
View Full Vanier Guide

Features & Details

Property details of 271 Queen Mary Street, Ottawa, ON

Property TypeAtt/Row/Townhouse
Style2-Storey
Size1100-1500 sq ft
BasementApartment
Total Parking2

Location

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Mortgage Calculator

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%
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Mortgage Payment$4,073/monthly
Principal54%
Interest46%
Principal Amount$663,200
Interest$558,588
Total Payable$1,221,788
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$4,073
Mortgage + Expenses$4,073
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$
$
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Monthly Cash Flow-$4,073

* Estimate only. Consult a mortgage broker for accurate figures.

5.0 · 70+ Google reviews
+1 (613) 804-9117ak@realtorakash.ca
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

$829,000

271 Queen Mary Street, Ottawa, ON