$899,000
269 QUEEN MARY STREET
Beds
4
Baths
4 full + 1 half
Sqft
—
Year
—
Type
Single Family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Welcome to 269 Queen Mary Street (can be bought with 271 Queen Mary); one half of a virtually brand new, thoughtfully designed semi-detached duplex in a prime Ottawa location. This modern 2-storey build offers exceptional flexibility for investors and owner-occupants alike, featuring a self-contained basement apartment with its own private separate entrance. The upper unit showcases contemporary finishes, a large open-concept main floor layout, and bright, well-proportioned living spaces designed for today's lifestyle. The open concept kitchen is complete with beautiful quartz countertops and modern stainless steel appliances making the space highly usable and very appealing to tenants. The main floor is complemented by a premium powder room and large closet. Upstairs offers 3 large bedrooms, a 5 piece bathroom and a large 4 piece ensuite. Laundry is made easy as there is a side by side washer/dryer combo on the second level. Enjoy morning coffees and endless sunsets on the south facing 2nd level deck! The lower 1 bedroom unit is fully independent, providing excellent rental income potential or multigenerational living flexibility. Follow the beautiful interlock to the backyard where you are met by a private staircase and sizeable landing before entering. The open concept kitchen, living and dinning areas make the space feel large and allows light to flood into the living spaces. The basement unit enjoys the same premium stainless steel kitchen appliances and quartz countertops found in the upper unit. complete with a beautiful 3 piece bathroom and its own laundry machines this unit provides amazing livability and value to anyone who enjoys the space. 269 and 271 Main-Floor units each rent for $3000/month. Basement of 269 is vacant. Basement of 271 pays $1700/month. Tenant pays heat/hydro/T.V/internet. Owner pays water/gas/insurance/taxes/snow removal. Landlord insurance roughly $3000/year. Water averages about $92.5/month (combined for all units). (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- 3502 - Overbrook/Castle Heights
- Common interest
- Freehold
- Lot dimensions
- 25 x 84.9 FT
- Bedrooms
- 3 above grade, 1 below grade
- Parking
- 2 total
- Stories
- 2
- On market
- Mar 4, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $5,000
- Photos
- 44
- MLS#
- X12846032
- Area
- OTTAWA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Cash on cash
-6.57%
Cap rate
3.55%
GRM
16.6
Break-even rent
$5,537
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.