322-324 Queen Mary Street
Overbrook - Castleheights and Area, ON K1K 1W9
NewActiveFor 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
ListedMay 27, 2026
Postal CodeK1K 1W9
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.
$799,900
asking price
MLS®X13180404
TypeCommercial
CityOverbrook - Castleheights and Area
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$3,906
/month · $639,920 mortgage
Down Payment20% — $159,980
Interest Rate5.5%
Amortization
Total Interest
$531,885
Total Cost
$1,171,805
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
ROYAL LEPAGE INTEGRITY REALTY