271 QUEEN MARY STREET
Ottawa, Ontario
MLS® X14177140
$799,900
- Status
- Active
- Property type
- House
- MLS® number
- X14177140
- Bedrooms
- 4
- Bathrooms
- 4
- Year built
- —
1 / 40Listing description
LIVE in a beautiful, 2024 built 3 bedroom semi detached home while ENJOYING ADDITIONAL INCOME from a LEGAL 1 BEDROOM BASEMENT APARTMENT with its own private entrance! Welcome to 271 Queen Mary Street, offering the perfect combination of modern living and investment potential. Perfect for homeowners looking to offset their mortgage, investors seeking rental income, or families needing additional living space.
The bright, open concept main floor features beautiful hardwood flooring, a cozy gas fireplace, contemporary finishes and a stylish kitchen complete with quartz countertops and stainless steel appliances. Upstairs offers 3 spacious bedrooms, including a primary bedroom with a private 4 piece ensuite, an additional 5 piece bathroom and convenient second floor laundry. Enjoy relaxing outdoors on the upper level deck or entertaining on the backyard patio overlooking the fully fenced yard.
The finished basement features a bright 1 bedroom apartment with its own private entrance, 3-piece bathroom and separate laundry. An added bonus: the neighbouring semi at 269 Queen Mary Street is also available for purchase, offering the rare opportunity to own both properties and a total of four residential units! Rental Details: 269 Queen Mary main floor rents for $3,000/month; 269 basement is vacant; 271 main floor is vacant; 271 basement rents for $1,700/month.
Total $56,400 yearly income with only 2 units being occupied and up to a potential of $112,800 for all 4 units. Tenant pays heat/hydro/T. V/internet.
Owner pays water/gas/insurance/taxes/snow removal. A fantastic opportunity to own a modern home while benefiting from additional income!
Property summary
- MLS® number
- X14177140
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 25 x 84.9 FT
- Annual property taxes
- $4,800.00
- Parking
- 2 spaces · Attached Garage, Garage
- Days on market
- 0 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Apartment in basement, N/A
- Appliances
- Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Dryer, Hood Fan, Garage door opener remote(s), Water Heater
- Exterior features
- Brick, Stone
What would this home cost you?
Based on the $799,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.