550 Guy Street
Overbrook - Castleheights and Area, ON
- 9 bed
- 6 bath
- approx. 3500-5000 sqft
- Multiplex
- 87 days on market
Luxury triplex built by Blueprint Construction on an oversized lot rarely offered with expansive 1400sq/ft units on each floor. Additional 3 non-conforming studio apartments in the basement built to code. This turnkey newly built multi-family building produces $97,968 net operating income annually. These expansive units with luxury finishes offer a generous 3-bedroom 2-bathroom apartment, all with ample parking. As the real estate cliche goes , a quality rental attracts a quality tenant. Located just minutes from schools, grocery stores, Shopping Centre, restaurants, and public transit. making this an incredible opportunity for any investor looking for a high-earning property with growth potential. "Ottawa's landmark new zoning by-law will legalize all six existing units on this oversized lot at 550 Guy St (N3B)!"
Listing Details
- Taxes (2025)
- $13,704
- Originally Listed
- $1,849,900
- Listed
- June 24, 2026
Price History
Listing history
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Property
- Style
- 3-Storey
- Age
- 6-15
- Construction
- Brick, Stone
- Roof
- Asphalt Rolled
- Foundation
- Poured Concrete
- Interior
- Separate Hydro Meter, Water Heater, Water Heater Owned, Carpet Free
- Lot Size
- 59.41 x 108.94 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Guy / St Laurent
- Parcel Number
- 042440085
- Possession
- 30-59 days
- Occupancy
- Tenant
Schools
Secondary
- Ottawa Technical Secondary School0.5 km
Public · Ottawa-Carleton DSB · 330 students
Grade 10 literacy: 48% met the provincial standard
- École secondaire catholique de l’innovation0.9 km
French Catholic · CSDC du Centre-Est de l'Ontario · 95 students
Grade 10 literacy: 71% met the provincial standard
- École secondaire catholique Samuel-Genest1.4 km
French Catholic · CSDC du Centre-Est de l'Ontario · 855 students
Grade 10 literacy: 96% met the provincial standard
Elementary
- Queen Elizabeth Public School0.5 km
Public · Ottawa-Carleton DSB · 405 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 17% met the provincial standard
- Robert E. Wilson Public School0.6 km
Public · Ottawa-Carleton DSB · 250 students
Grade 3 reading: 42% met the provincial standard · Grade 6 math: 41% met the provincial standard
- St Michael Elementary School0.7 km
Catholic · Ottawa CSB · 175 students
Grade 3 reading: 62% met the provincial standard · Grade 6 math: 41% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in Overbrook - Castleheights and Area · last 12 months
- Median sold price
- $585,000
- Homes sold
- 193
- Median days on market
- 24
- Sale-to-list price
- 97.7%
Based on 193 recorded sales of residential freehold properties in Overbrook - Castleheights and Area over the last 12 months.
Rooms
6 × 4-piece on Second
Main
- Bathroom9' x 5'
- Bathroom9' x 6'
- Bedroom9'11" x 8'1"
- Bedroom12'2" x 13'4"
- Dining Room12' x 10'
- Kitchen12' x 10'
- Laundry9' x 5'
- Living Room14'6" x 17'6"
- Primary Bedroom17'6" x 14'
Listed by
RE/MAX HALLMARK REALTY GROUP
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$359,980
Estimated Monthly Payment
$8,842
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $8,842/mo (20% down, 5.5%)
Taxes: $1,142/mo · Insurance: $450/mo
Estimates only. Consult a financial advisor.
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