16 photos


$1,849,900
ActiveAbout 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
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.
Features & Details
Property details of 550 Guy Street, Ottawa, ON
Market Insights for Multiplex in Ottawa
Based on 4 sales in the last 90 days · Showing city-wide data
Seller’s Market
Properties are selling quickly (avg 17 days). Buyers should be prepared to act fast and may face competition.
New Listings
4
Avg Days on Market
17 days
Avg Price/Sq Ft
$344
Location
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Cash Flow Analysis
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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