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Investment signal

$1,890,000

550 GUY STREET

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Beds

Baths

Sqft

—

Year

—

Type

Multi-family

Suite

Non-conforming suite

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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

Luxury triplex built by Blueprint Construction on an oversized lot rarely offered with expansive 1400sq/ft units on each floor. Additional 3 non-conforming studio apartments in the basement built to code. This turnkey newly built multi-family building produces $92,559 net operating income annually. These expansive units with luxury finishes offer a generous 3-bedroom 2-bathroom apartment, all with ample parking. As the real estate cliche goes , a quality rental attracts a quality tenant. Located just minutes from schools, grocery stores, Shopping Centre, restaurants, and public transit. making this an incredible opportunity for any investor looking for a high-earning property with growth potential. "Ottawa's landmark new zoning by-law will legalize all six existing units on this oversized lot at 550 Guy St (N3B)!" (id:65958)

Subtype: Multi-family
Structure: Other
Community: 3502 - Overbrook/Castle Heights
Lot dimensions: 59.4 x 108.9 FT
Bedrooms: 9 above grade
Parking: 5 total
Stories: 3
On market: Apr 12, 2026
Status changed: Apr 24, 2026
Annual tax: $13,704
Photos: 14
MLS#: X12988356
Area: OTTAWA

Features and systems

Parking

No Garage

Basement

Apartment in basementN/A

Appliances

Water Heater

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

BrickStone

Foundation

Poured Concrete

Lot

Carpet Free

Negative cash flow ~$1,992/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.32%

Cap rate

3.60%

GRM

16.7

Break-even rent

$11,547

Financing

Down payment$378,000

Loan amount$1,512,000

Mortgage$7,661/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$866

Insurance$80

Maintenance$1,575

CapEx reserve$788

Vacancy loss$473

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

Estimated $7,661/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

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.