All Listings
528 Guy Street, Ottawa, ON 14 photos

$589,900

Active
528 Guy Street, Ottawa, ON· Castle Heights
4+1
Bedrooms
2
Bathrooms
3000-3500
Sq Ft
$169–$197
Per Sq Ft
3
None Parking

About this Property

Excellent opportunity for investors or owner-occupants with this well-maintained up-and-down duplex offering strong income potential and flexible living arrangements. Live in one unit while generating rental income from the other, or maximize your investment by renting both units. The main floor unit is currently vacant and features a spacious layout with 1 bedroom and the potential for a second bedroom in the lower level. This unit offers a bright eat-in kitchen, generous living and dining/family room areas, ample storage space, and an updated bathroom. The vacant status provides immediate occupancy for an owner-user or the opportunity to secure market rent. The upper unit features 2 bedrooms, a spacious living room, dedicated laundry area, and a private south-facing balcony that enjoys excellent natural light throughout the day. This unit is currently rented at $995/month, providing immediate income from day one. Several major updates have already been completed, helping to reduce future capital expenses and providing peace of mind for the next owner. Improvements include a new roof (2023), gas furnace (2018), hot water tanks (2015), renovated main floor bathroom (2014), and weeping tile with sump pump installation in the basement (2009). The property offers manageable operating costs with 2025 expenses including approximately $816 for water, $1,044 for hydro servicing the main floor, common areas and upper unit common services, and approximately $1,700 annually for Enbridge natural gas heating serving both units. Whether you're looking to offset your mortgage through rental income, expand your investment portfolio, or secure a property with future upside, this duplex offers flexibility, functionality, and long-term value. With one unit already generating income and the other available for immediate occupancy or rental, this is an excellent opportunity in today's market. Some photos virtually staged.

Listed by RE/MAX HALLMARK PILON GROUP REALTY · MLS# X13463382

Features & Details

Property details of 528 Guy Street, Ottawa, ON

Property TypeDuplex
Style2-Storey
Size3000-3500 sq ft
BasementUnfinished
Total Parking3

Mortgage Calculator

$
%
$
Mortgage Payment$2,898/monthly
Principal54%
Interest46%
Principal Amount$471,920
Interest$397,481
Total Payable$869,401
Amortization25 years

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

Cash Flow Analysis

Mortgage payment$2,898
Mortgage + Expenses$2,898
$
$
$
$
$
Monthly Cash Flow-$2,898

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

5.0 · 70+ Google reviews
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

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

Similar Properties

Properties near 528 Guy Street, Ottawa, ON

$589,900

528 Guy Street, Ottawa, ON

Chat with Akash