269-271 QUEEN MARY STREET, Ottawa

$1,658,000

For sale: Multiplex

Multiplex at 269-271 QUEEN MARY STREET, Ottawa
Property type
Fourplex
Bedrooms / bathrooms
8 bedrooms, 8 bathrooms
Living area
3,000 sqft
MLS®
MLS® X13680950
Neighbourhood
3502 - Overbrook/Castle Heights

Welcome to 271/269 Queen Mary; a 4 unit building composed of 2 semi-detached duplex's in a prime Ottawa location. This modern 2-storey build offers exceptional flexibility for investors and owner-occupants alike, featuring a self-contained basement apartment on each half with their own private separate entrances. The upper units showcase contemporary finishes, large open-concept main floor layouts, and bright, well-proportioned living spaces designed for today's lifestyle. The open concept kitchens are complete with beautiful quartz countertops and modern stainless steel appliances making the space highly usable and very appealing to tenants. The main floor spaces are complemented by premium powder rooms and large closets. Upstairs offers 3 large bedrooms, a 5 piece bathroom and a large 4 piece ensuite in each unit. Laundry is made easy as there are side by side washer/dryer combos on the second level. Enjoy morning coffees and endless sunsets on the south facing 2nd level decks! The lower 1 bedroom units are fully independent, providing excellent rental income potential or multigenerational living flexibility. Follow the beautiful interlock to the backyard where you are met by private staircases and sizeable landings before entering. The open concept kitchens, living and dinning areas make the spaces feel large and allows light to flood into the living spaces. The basement units enjoy the same premium stainless steel kitchen appliances and quartz countertops found in the upper units. Complete with beautiful 3 piece bathrooms and their own laundry machines, these units provide amazing livability and value to anyone who enjoys the space. 269 Main-Floor unit rented for $3000/month. 271 Main-Floor unit is vacant. Basement of 269 is vacant. Basement of 271 pays $1700/month. Tenant pays heat/hydro/T.V/internet. Owner pays water/gas/insurance/taxes/snow removal. Landlord insurance roughly $6000/year. Water averages about $92.5/month (combined for all units).

Sold data

Homes in Overbrook Castle Heights — recent sold market

Homes in Overbrook Castle Heights took a median of 29 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 70, across 63 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.

The median sale price was $624,900.

Homes sold for about 2.4% below asking on average, so there was room to negotiate.

About 21% of sales closed above the list price.

Around 35% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$624,900
Sale-to-list ratio
97.6%
Sold above asking
21%

Based on 63 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 269-271 QUEEN MARY STREET