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322-324 Queen Mary Street

3502 - Overbrook/Castle Heights / Overbrook - Castleheights and Area, ON K1K 1W9

ActiveFor Sale
0 Beds
0 Baths
6,060 Sq Ft
Commercial

About This Property

CASH FLOWING legal rooming house on two adjacent, south-fronting lots offered together in one of Ottawa's fastest-growing urban cores. Providing significant holding income while you navigate the site plan process in the case of future development. 14 rooms each rented 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.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size6,060 sq ft
Bedrooms0
Bathrooms0
Postal CodeK1K 1W9
Last UpdatedAug 8, 2026 · 7:44 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13180404

Listed by ROYAL LEPAGE INTEGRITY REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$775,000

asking price

MLS®X13180404
TypeCommercial
CityOverbrook - Castleheights and Area
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,784

/month · $620,000 mortgage

Down Payment20% — $155,000
Interest Rate5.5%

Amortization

Total Interest

$515,328

Total Cost

$1,135,328

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

ROYAL LEPAGE INTEGRITY REALTY