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 $92,559 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)!"
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
3-Storey
Approx. Age:
6-15
Total Approx Floor Area:
3500-5000
Lot Depth:
108'11"33.2 m
Lot Frontage:
59'5"18.1 m
Direction Faces:
South
Bedrooms:
9
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
9
Kitchens Above Grade:
3
Rooms Above Grade:
12
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Asphalt Rolled
Basement:
Apartment
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Reserved/Assigned, Available
Parking Spaces:
5
Total Parking Spaces:
5.0
Family Room:
Yes
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$13,704 /
2025
Assessment:
$- /
-
Ottawa
Overbrook - Castleheights and Area
3502 - Overbrook/Castle Heights
Separate Hydro Meter, Water Heater, Water Heater Owned, Carpet Free
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.