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CAONOttawaVanier515 Guy St
515 Guy St, House other with 5 bedrooms, 3 bathrooms and 6 parking in Ottawa ON | Image 1
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$850,000

515 Guy St, Ottawa, ON

House

For Sale

$--,---,---
536
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Yes
Taxes $5,763
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X12163595

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.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.Show Description
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No Data
Walk Score®
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No Data
Transit Score®
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No Data
Bike Score®
MLS® NumberX12163595
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementFull, Finished
DrivewayGarage Type:Detached
Garage Spaces
HeatGas, Water
A/CWall Unit(s)
Heating Fuel

Extras

Rooms

Show Details
Bedroom 3:Second8.5 × 11.49 ft

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