322-324 Queen Mary Street Overbrook - Castleheights and Area ON

📍 Overbrook - Castleheights and Area, Ontario K1K 1W9

$775,000

Active
35.55×85.2LOT (FT)

📋 Listing Highlights

StatusActive
MLS®X13180404
ListedMay 27, 2026
Days on Market—
Property TypeCommercial
StyleInvestment
Cross StreetLola Street
Possession30 days

📝 Listing Description

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

Property TypeCommercial
StyleInvestment

📐 Lot & Land

Lot Width35.55 ft
Lot Depth85.2 ft
Cross StreetLola Street

🔧 Building & Utilities

HeatingGas Forced Air Closed
CoolingNo
GarageNone

💰 Financial

List Price$775,000
Annual Taxes$6,467 (2025)
Possession30 days

🧮 Mortgage Calculator

$155,000
Est. Monthly Payment
$3,807/mo
Principal: $620,000 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by ROYAL LEPAGE INTEGRITY REALTYData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X13180404 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.