484 QUEEN MARY STREET|Ottawa, Ontario K1K1W2

MLS Number: X12383772

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: 11 • Bathrooms: 5 • Building Type: Other • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: No Garage • Parking Spaces: N/A

Description: Fantastic investment opportunity! Well-positioned 6-UNIT building in a rapidly growing area, offering both steady income and future upside. Four units are currently occupied, two at market rents (renovated) and two with long-term tenants paying below-market rents, leaving room for increased returns. Two fully renovated units with modern finishes are vacant, allowing the new owner to set rents and select tenants. Additional income from coin-operated laundry and rentable on-site parking enhances cash flow. The property sits in a prime redevelopment area where older homes are being replaced with multi-unit projects, driving demand and property values. With a generous lot size and R4UC zoning, there is exciting potential for future development. This is a rare chance to acquire a stabilized asset with strong current income and significant appreciation potential ideal for investors seeking both stability and growth. Come see it today! (41203385)

Agent Information: • Agents: Omar Hashem; Rabieh Nassrallah • Contact: 613-867-7669; 613-794-4440 • Brokerage: LOTFUL REALTY; LOTFUL REALTY

Time on Realtor: 3 days ago