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322-324 Queen Mary Street

322-324 Queen Mary Street

Overbrook - Castleheights and Area, ON

  • 6,060 sqft
  • Investment
$775,000Price reduced 3%

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.

Listing Details

Taxes (2025)
$6,467
Originally Listed
$799,900
Listed
May 22, 2026

Price History

Listing history

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Property

Lot Size
35.55 x 85.2 Feet

Parking

Garage
None

Location & Legal

Cross Street
Lola Street
Zoning
N4B H(11)
Parcel Number
042520283
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
14 mini fridges, 14 dressers
Exclusions
Tenant belongings
Rental Items
2 x Hot Water Tanks

Community

Postal area K1K

Population
32,046
Private dwellings
15,235
Median age
42.4
Average household size
2.2
Median household income
$73,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Overbrook - Castleheights and Area · last 12 months

Median sold price
$585,500
Homes sold
194
Median days on market
24
Sale-to-list price
97.7%

Based on 194 recorded sales of commercial properties in Overbrook - Castleheights and Area over the last 12 months.

Listed by

ROYAL LEPAGE INTEGRITY REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
6,060 sq ft
Price per sq ft
$127.89
Annual property tax
$6,467
Tax per sq ft
$1.07

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions 14 rooms each rented for $520/month+.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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