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    For Sale - 550 Guy Street, Overbrook - Castleheights and Area, Ontario

    Est payment $9,076/mo
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    Views   2
    Time on Jump  38 day

    AI Summary *

    • Luxury triplex constructed on an oversized lot with spacious units.
    • Each floor features a generous 1400sq/ft layout with high-end finishes.
    • Produces impressive annual net operating income of $92,559.
    • Convenient location near schools, shops, restaurants, and public transit.
    • Opportunity for legalizing six existing units under new zoning regulations.




    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)!"
    Listing IDX12988356
    Address550 Guy Street
    CityOverbrook - Castleheights and Area, Onta…
    Price$1,890,000
    Bed / Bath9 / 6 Full
    Style3-Storey, Multiplex
    ConstructionBrick, Stone
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Separate Hydro Meter, Water Heater, Water Heater Owned, Carpet FreeOwnership FreeholdBasement ApartmentFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 5.00
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    Listing Agency:  RE/MAX HALLMARK REALTY GROUP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    550 Guy Street
    Overbrook - Castleheights and Area , Ontario
    9 6 $1,890,000
    Get more info