271 QUEEN MARY STREET, Ottawa

$829,000

For sale: Townhouse

Townhouse at 271 QUEEN MARY STREET, Ottawa
Property type
Att/Row/Townhouse
Bedrooms / bathrooms
4 bedrooms, 4 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13680948
Neighbourhood
3502 - Overbrook/Castle Heights

LIVE in a beautiful 3 bedroom semi-detached home while RECEIVING RENT FROM LEGAL BASEMENT APARTMENT with its own private entrance. Welcome to 271 Queen Mary Street a two year old, thoughtfully designed 3 bedroom semi-detached with a self-contained basement apartment with its own private separate entrance. The adjacent semi at 271 Queen Mary, is identical and is also for sale. Purchase both sides/semi's for a total of 4 units. The 3 bedroom upper unit showcases contemporary finishes, lovely hardwood floors throughout, gas fireplace, a large open-concept main floor layout, and bright, well-proportioned living spaces designed for today's lifestyle. The open concept kitchen is complete with beautiful quartz countertops and modern stainless steel appliances, ideal for entertaining & family living. The main floor is complemented by a premium powder room and large closet. Upstairs offers 3 large bedrooms, a 5 piece bathroom and a large 4 piece ensuite. Laundry is conveniently located on the 2nd floor with a side by side washer/dryer combo. Enjoy morning coffees and endless sunsets on the south facing 2nd level deck or the rear deck overlooking the fenced backyard. Downstairs is a fabulous spacious 1 bedroom apartment with a private entrance. Built with premium high end finishes. Live upstairs in the nearly new semi while enjoying rent from the basement apartment. Or use the apt., for multigenerational living. The bright basement 1 bedroom unit is complete with a beautiful 3 piece bathroom and its own laundry machines. 269 Queen Mary main floor unit rents for $3000/month, 271 Queen Mary main-floor is vacant. Basement of 269 Queen Mary is vacant. Basement of 271 Queen Mary pays $1700/month. Tenant pays heat/hydro/T.V/internet. Owner pays water/gas/insurance/taxes/snow removal. Landlord insurance roughly $3000/year. Water averages about $92.5/month (combined for all units).

Sold data

Townhouse homes in Ottawa — recent sold market

Townhouse homes in Ottawa took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 50, across 881 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 46 days.

The median sale price was $569,900.

Homes sold for about 1.7% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$569,900
Sale-to-list ratio
98.3%
Sold above asking
10%

Based on 881 recorded sales in the last 90 days. 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 271 QUEEN MARY STREET