528 Guy Street, Ottawa, Ontario K1K 1B9

Listed for:
$589,900
5 beds
2 baths
Listed 1 day ago
Duplex for rent: 528 Guy Street, Ottawa, Ontario K1K 1B9

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About

Cross Streets: Guy / St Laurent. ** Directions: From St Laurent Blvd turn on McArthur Ave, turn right on May St, turn right on Guy St, property on the right hand side. 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:27476)

Property Highlights

MLS® Number
X13463382
Type
Multi-family
Community Name
3503 - Castle Heights
Land Size
40 x 109 FT
Parking Space Total
3

Building

Building Type
Duplex
Storeys
2.00
Square Footage
3000 - 3500 sqft
Bathrooms Total
2
Bedrooms Above Ground
4
Bedrooms Total
5
Exterior Finish
Stone, Stucco
Fireplace Present
No
Basement Type
N/A (Unfinished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Living room
Second level
5.18 m x 4.64 m
Kitchen
Second level
2.94 m x 2.43 m
Primary Bedroom
Second level
3.68 m x 3.35 m
Bedroom
Second level
3.98 m x 2.56 m
Family room
Lower level
5.18 m x 4.41 m
Primary Bedroom
Main level
3.35 m x 3.04 m
Dining room
Main level
4.29 m x 2.43 m
Kitchen
Main level
4.26 m x 3.45 m
Living room
Main level
5.18 m x 4.41 m

Location

Learn more about this property
Listing provided by:
RE/MAX HALLMARK PILON GROUP REALTY
MLS® number:
X13463382
Agent:
Jason Pilon
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