322-324 Queen Mary Street
3502 - Overbrook/Castle Heights, Overbrook - Castleheights and Area, K1K 1W9
$750,000
Listed 4 days ago · MLS® X14089798
About this home
CASH FLOWING legal rooming house on two adjacent, south-fronting lots offered together in one of Ottawa's fastest-growing urbancores. Providing significant holding income while you navigate the site plan process in the case of future development. 14 rooms eachrented 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.
Details
- Type
- Investment
- Lot
- 71.4 × 170.19 ft
- Garage
- None
- Property tax
- $6,467 (2025)
- Neighbourhood
- 3502 - Overbrook/Castle Heights
- Municipality
- Overbrook - Castleheights and Area
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Partial
- Utilities
- Yes
Building and exterior
- Building area
- 2,684 Square Feet
More
- Possession
- Flexible
- Cross street
- Lola St
- Business type
- Apts - 6 To 12 Units
History of this address
1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Walkable
- 🚇 Tremblay LRT14 min walk
- 🚇 St-Laurent LRT1.2 km
Within a 10-minute walk: 1 grocery store, 16 cafés and restaurants, 8 parks, 7 pharmacies. Nearest grocery: FreshCo (600 m). Nearest park: Lola Park (200 m).
Schools nearby
Elementary
- Providence Academy Antonine Sisters Private6 min walk
- VINCI School Private8 min walk
- M.F. McHugh Education Centre Catholic8 min walk
- St. Michael School Catholic
EQAO: Gr 6 reading 88%, math 41%8 min walk
Secondary
- Ottawa Technical Secondary School
EQAO: Gr 9 math 23%, literacy test 48%11 min walk - Éducation permanente13 min walk
- Continuing Education13 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area K1K
- Owners / renters
- 41% / 59%
- Median household income
- $73,500
- Average age
- 43
- Children under 15
- 15%
- Homes
- 18% detached, 27% high-rise
- Commute by transit
- 18%
- Population
- 32,046
Languages spoken most at home besides English: Arabic 3.2%, Spanish 1.1%, Somali 0.8%, Tagalog (Pilipino, Filipino) 0.7%.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).
Living here
Commute
To downtown Ottawa: 4 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by ROYAL LEPAGE INTEGRITY REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.