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MLS® X13596528

Overview

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage Yes
Taxes $3,995
Days Active 16
Lot Size 
Approx. Age 
MLS® Number X13596528

Property Address: 528 Guy St, Ottawa, ON, K1K1B9

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

Description

Excellent opportunity for investors or owner-occupants with this well-maintained up-and-down duplex offering strong income potential and flexible living arrangements. Live in one unit while generating rental income from the other, or maximize your investment by renting both units. The main floor unit is currently vacant and features a spacious layout with 1 bedroom and the potential for a second bedroom in the lower level. This unit offers a bright eat-in kitchen, generous living and dining/family room areas, ample storage space, and an updated bathroom. The vacant status provides immediate occupancy for an owner-user or the opportunity to secure market rent. The upper unit features 2 bedrooms, a spacious living room, dedicated laundry area, and a private south-facing balcony that enjoys excellent natural light throughout the day. This unit is currently rented at $995/month, providing immediate income from day one. Several major updates have already been completed, helping to reduce future capital expenses and providing peace of mind for the next owner. Improvements include a new roof (2023), gas furnace (2018), hot water tanks (2015), renovated main floor bathroom (2014), and weeping tile with sump pump installation in the basement (2009). The property offers manageable operating costs with 2025 expenses including approximately $816 for water, $1, 044 for hydro servicing the main floor, common areas and upper unit common services, and approximately $1, 700 annually for Enbridge natural gas heating serving both units. Whether you're looking to offset your mortgage through rental income, expand your investment portfolio, or secure a property with future upside, this duplex offers flexibility, functionality, and long-term value. With one unit already generating income and the other available for immediate occupancy or rental, this is an excellent opportunity in today's market. Some photos virtually staged. (id:58753)Show Description
MLS® NumberX13596528
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age
BasementUnfinished, N/A
DrivewayNo Garage
Garage Spaces
HeatForced air, Natural gas
A/CNone

Extras

Rooms

Show Details
Family Room:Lower Level4.41 × 5.18 ft
Bedroom 1:Second Floor2.56 × 3.98 ft
Kitchen:Second Floor2.43 × 2.94 ft
Living Room:Second Floor4.64 × 5.18 ft
Master Bedroom:Second Floor3.35 × 3.68 ft
Dining Room:Main Floor2.43 × 4.29 ft

Home Estimate Zoopraisal®

This property is estimated to sell between: $549,000 and $569,000.
Similar properties in this area sold on average for: $562,333
Expected to sell in 12 days. Similar properties sold in 28 days. This home has been on Zoocasa for 16 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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