All Listings
550 Guy Street, Ottawa, ON 16 photos

$1,849,900

Active
550 Guy Street, Ottawa, ON· Overbrook/Castle Heights
9
Bedrooms
6
Bathrooms
3500-5000
Sq Ft
$370–$529
Per Sq Ft
5
None Parking
6-15
Year Built

About this Property

  • These expansive units with luxury finishes offer a generous 3-bedroom 2-bathroom apartment, all with ample parking

Client Remarks Luxury triplex built by Blueprint Construction on an oversized lot rarely offered with expansive 1400sq/ft units on each floor. Additional 3 non-conforming studio apartments in the basement built to code. This turnkey newly built multi-family building produces $97,968 net operating income annually. These expansive units with luxury finishes offer a generous 3-bedroom 2-bathroom apartment, all with ample parking. As the real estate cliche goes , a quality rental attracts a quality tenant. Located just minutes from schools, grocery stores, Shopping Centre, restaurants, and public transit. making this an incredible opportunity for any investor looking for a high-earning property with growth potential. "Ottawa's landmark new zoning by-law will legalize all six existing units on this oversized lot at 550 Guy St (N3B)!"

Listed by RE/MAX HALLMARK REALTY GROUP · MLS# X13484064

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 550 Guy Street, Ottawa, ON

Property TypeMultiplex
Style3-Storey
Size3500-5000 sq ft
BasementApartment
Total Parking5

Mortgage Calculator

$
%
$
Mortgage Payment$9,088/monthly
Principal54%
Interest46%
Principal Amount$1,479,920
Interest$1,246,481
Total Payable$2,726,401
Amortization25 years

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

Cash Flow Analysis

Mortgage payment$9,088
Mortgage + Expenses$9,088
$
$
$
$
$
Monthly Cash Flow-$9,088

* 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 550 Guy Street, Ottawa, ON

$1,849,900

550 Guy Street, Ottawa, ON

Chat with Akash