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515 GUY STREET
3502 - Overbrook/Castle Heights Ottawa K1K 1B8

$850,000
Single Family beds: 5 baths: 3.0

Main Photo: 515 GUY STREET in Ottawa: Single Family for sale : MLS®# X12163595
Photo 1: 515 GUY STREET in Ottawa: Single Family for sale : MLS®# X12163595
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Status:
Active
Prop. Type:
Single Family
MLS® Num:
X12163595
Bedrooms:
5
Bathrooms:
3
Fantastic turnkey investment opportunity in Castle Heights! This detached home offers two units (in-law suite), both with private entrances and separate laundry. The upper unit is a spacious 3-bedroom, 1.5-bath home featuring hardwood floors, a gas fireplace, a bright bay window, and an eat-in kitchen with under/over-cabinet lighting. It also includes a family room with access to a large deck. Currently rented for $2,624/month(2,689/m Aug 1).The lower unit/in-law suite is a 2-bedroom with its own entrance, full kitchen, bathroom, and in-unit laundry. Minor work could be done to legalize the separation if desired. This unit is currently rented at $1,850/month, increasing to $1,896 in August. The 34'x34' detached garage is a huge value add, with 126 ceilings, triple insulation, a metal roof, 100-amp electrical service, natural gas heating, and running water. Perfect for a workshop, hobbyist or added rental income. The home also features a fully fenced backyard and parking for 6 vehicles in the garage and 6 in the driveway. One garage spot currently rented for 300/m.Combined, the property generates $4,774/month over $55,000/year- 6.7% CAP. If garage fully rented at 1050/m and increased rents considered this could be a 7.9%CAP. Centrally located near Farm Boy, FreshCo, Loblaws, Decathlon, Winners, Montfort Hospital, and the St-Laurent Complex. Easy access to transit, shops, parks, and more. Walk Score 70, Bike Score 70. A smart addition to any portfolio or ideal for live-in landlords. Dont miss it! Annual operating costs: Hydro approx. $2,101, Gas $2,458, Water $1,678, Insurance $3,522. 2024 property taxes: $5,908. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Living Area (Min):
1,499 sq. ft.
Living Area (Max):
1,999 sq. ft.
Taxes:
$5,763 / 2024
Community:
3502 - Overbrook/Castle Heights
Features:
Separate Heating Controls
Exterior Features:
Vinyl siding
Structure Type:
House
Appliances Included:
Dishwasher, Dryer, Hood Fan, Two stoves, Two Washers, Two Refrigerators
Bedrooms:
5
Bedrooms Above Grade:
3
Bedrooms Below Grade:
2
Bathrooms:
3.0
Half Bathrooms:
1
Cooling:
Ventilation system, Wall unit
Fireplace:
No
Foundation:
Block, Concrete
Heating:
Hot water radiator heat, Natural gas
# Storeys:
2.0
Water:
Municipal water
Sewer:
Sanitary sewer
Basement:
Finished, Full
Lot Frontage:
60'
Lot Details:
60 x 109 FT
Lot Features:
In-Law Suite
Parking:
Detached Garage, Garage
Total Parking Spaces:
12
Floor
Type
Size
Other
Lower level
Living room
23'11¾" × 10'
-
Lower level
Laundry room
5'5¾" × 5'
-
Lower level
Bedroom 4
18'6" × 11'
-
Lower level
Bedroom 5
18'6" × 11'
-
Lower level
Kitchen
14' × 11'
-
Main level
Living room
16'5" × 11'2"
-
Main level
Kitchen
15'7¾" × 10'6"
-
Main level
Dining room
9' × 8'
-
Main level
Family room
25' × 19'11¾"
-
Second level
Primary Bedroom
14'4" × 11'
-
Second level
Bedroom 2
11'1" × 11'
-
Second level
Bedroom 3
11'5¾" × 8'6"
-
Floor
Ensuite
Pieces
Other
Lower level
No
-
7'7" x 5'
Main level
No
-
6' x 3'5¾"
Second level
No
-
8'6" x 8'
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Listed by RE/MAX HALLMARK REALTY GROUP
Data was last updated June 16, 2025 at 11:15 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$749,900
Min list price:
$335,000
Max list price:
$1,149,900
Avg days on market:
26
Min days on market:
3
Max days on market:
108
These statistics are generated based on the current listing's property type and located in 3502 - Overbrook/Castle Heights. Average values are derived using median calculations.
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