ON > Ottawa > 3502 - Overbrook-Castle Heights
Ottawa, ON K1K1B8,515 GUY STREET
Ottawa, ON K1K1B8,515 GUY STREET
Ottawa, ON K1K1B8,515 GUY STREET
28
See all 28 photos
$850,000
Est. payment /mo
Save Virtual Tour
5 Beds
3 Baths
1,500 SqFt
Active

515 GUY STREET Ottawa, ON K1K1B8

Save Virtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
17
Jun
Wed
18
Jun
Thu
19
Jun
Sam Bain

Sam Bain

+1(604) 223-9339

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $566

Subdivision 3502 - Overbrook/Castle Heights

MLS® Listing ID X12163595

Bedrooms 5

Half Baths 1

Property Sub-Type Freehold

Source Ottawa Real Estate Board

Property Description

Fantastic turnkey investment opportunity in Castle Heights! This detached home offers two units (in-law suite), both with private entrances and separate laundry. The upper unit is a spacious 3-bedroom, 1.5-bath home featuring hardwood floors, a gas fireplace, a bright bay window, and an eat-in kitchen with under/over-cabinet lighting. It also includes a family room with access to a large deck. Currently rented for $2,624/month(2,689/m Aug 1).The lower unit/in-law suite is a 2-bedroom with its own entrance, full kitchen, bathroom, and in-unit laundry. Minor work could be done to legalize the separation if desired. This unit is currently rented at $1,850/month, increasing to $1,896 in August. The 34'x34' detached garage is a huge value add, with 126 ceilings, triple insulation, a metal roof, 100-amp electrical service, natural gas heating, and running water. Perfect for a workshop, hobbyist or added rental income. The home also features a fully fenced backyard and parking for 6 vehicles in the garage and 6 in the driveway. One garage spot currently rented for 300/m.Combined, the property generates $4,774/month over $55,000/year- 6.7% CAP. If garage fully rented at 1050/m and increased rents considered this could be a 7.9%CAP. Centrally located near Farm Boy, FreshCo, Loblaws, Decathlon, Winners, Montfort Hospital, and the St-Laurent Complex. Easy access to transit, shops, parks, and more. Walk Score 70, Bike Score 70. A smart addition to any portfolio or ideal for live-in landlords. Dont miss it! Annual operating costs: Hydro approx. $2,101, Gas $2,458, Water $1,678, Insurance $3,522. 2024 property taxes: $5,908. (id:24570)

Location

Province ON

Rooms

Kitchen 2.0

Extra Room 1 Second level 4.36 m X 3.35 m Primary Bedroom

Extra Room 2 Second level 3.35 m X 3.37 m Bedroom 2

Extra Room 3 Second level 3.5 m X 2.59 m Bedroom 3

Extra Room 4 Second level 2.59 m X 2.43 m Bathroom

Extra Room 5 Lower level 7.31 m X 3.04 m Living room

Extra Room 6 Lower level 2.31 m X 1.52 m Bathroom

Interior

Heating Hot water radiator heat

Cooling Wall unit, Ventilation system

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 12

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

Virtual Tour https://bit.ly/3YVf3iZ

Powered by: REALTOR.ca
Listed by RE/MAX HALLMARK REALTY GROUP
agent
Sam Bain

License ID: RE609299

+1(604) 223-9339 | sam.bain@exprealty.com

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Sam Bain, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

515 GUY STREET