Mirna Botros
613-600-2626515 Guy Street - $850,000
515 Guy Street - $850,000
515 Guy Street
$850,000
3502 - Overbrook/Castle Heights
Ottawa, OntarioK1K1B8
5 beds
3 baths
12 parking
MLS#: X12163595Listed: 8 days agoUpdated:7 days ago
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:58075)Details
Details for 515 Guy Street, Ottawa, Ontario- Property Type
- Single Family
- Building Type
- House
- Storeys
- 2
- Neighborhood
- 3502 - Overbrook/Castle Heights
- Land Size
- 60 x 109 FT
- Year Built
- -
- Annual Property Taxes
- $5,763
- Parking Type
- Detached Garage, Garage
Inside
- Appliances
- Dishwasher, Dryer, Hood Fan, Two stoves, Two Washers, Two Refrigerators
- Rooms
- 15
- Bedrooms
- 5
- Bathrooms
- 3
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Finished, Full
Building
- Architecture Style
- -
- Direction
- May Street & Guy Street
- Type of Dwelling
- house
- Roof
- -
- Exterior
- Vinyl siding
- Foundation
- Block, Concrete
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 60 x 109 FT
- Zoning
- -
- Zoning Description
- -
Parking
- Features
- Detached Garage, Garage
- Total Parking
- 12
Utilities
- Cooling
- Ventilation system, Wall unit
- Heating
- Hot water radiator heat, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- In-Law Suite
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 515 Guy Street, Ottawa, OntarioMap
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