322-324 Queen Mary Street, Ottawa, Ontario, K1K1W9




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$750,000
Ottawa
This multi-family property in Ottawa is for sale offering roughly 2,684 sq ft of space. It has been on the market 20 days, fresher than the Ottawa average of 62 days.
CASH FLOWING legal rooming house on two adjacent, south-fronting lots offered together in one of Ottawa's fastest-growing urbancores. Providing significant holding income while you navigate the site plan process in the case of future development. 14 rooms eachrented for $520/month+. Zoning supports high-intensity residential (apartments, stacked towns, or low-rise). Unbeatable location.Maximize your footprint by combining these separate titles or keep them independent for future resale flexibility. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 20 days on market, against an average age of 62 days across the listings currently for sale in this city
This multi-family in Ottawa has been listed for 20 days, which is 42 days fresher than the city average of 62. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $750,000, about 10.2× the local median household income of $73,500.
Carrying it typically needs a household income of about $146,501 (20% down, 25-yr amortization, stress-tested) — roughly 99% above the area median.
Source: Statistics Canada, 2021 Census (FSA K1K)
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Loading rates, 30-yr amortization
Cash Needed to Close
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