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550 Guy Street, Ottawa, ON — photo 1
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$1,799,900

Active
550 Guy Street, Ottawa, ON· Overbrook/Castle Heights
9
Bedrooms
6
Bathrooms
3500-5000
Sq Ft
$360–$514
Per Sq Ft
5
None Parking
6-15
Year Built

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About this Property

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

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

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%
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Mortgage Payment$8,842/monthly
Principal54%
Interest46%
Principal Amount$1,439,920
Interest$1,212,791
Total Payable$2,652,711
Amortization25 years

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

Cash Flow Analysis

Mortgage payment$8,842
Mortgage + Expenses$8,842
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$
$
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Monthly Cash Flow-$8,842

* 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.

$1,799,900

550 Guy Street, Ottawa, ON