$1,299,000
562 QUEEN MARY STREET
Beds
7
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
Introducing 562 Queen Mary Street, an extraordinary legal duplex nestled in the prestigious Castle Heights community, offering nearly $65,000 in annual rental income. Recently constructed, this property exemplifies refined craftsmanship with soaring 12-foot ceilings on the main floor, 9-foot ceilings on the second level, and impeccable high-end finishes throughout.The main residence spans an impressive 2,645 sq. ft. of thoughtfully designed living space. It features a custom chefs kitchen, elegant open-concept living and dining areas centered around a cozy fireplace, and seamless access to a private rear deck. In addition to four generously sized bedrooms, the main unit also includes a versatile extra bedroom or private office, ideal for todays lifestyle. The luxurious primary suite is complete with a spa-inspired ensuite, walk-in closet, and an expansive walk-out balcony.The lower-level apartment offers a beautifully appointed two-bedroom suite with 9-foot ceilings and upscale finishes perfect as a high-quality rental or for extended family living. This property also presents the flexibility to reside in one unit while collecting income from the other, creating an exceptional opportunity for both homeowners and investors alike.Located just minutes from St. Laurent Centre, 562 Queen Mary enjoys unmatched convenience with excellent schools, shopping, restaurants, parks, and public transit all within easy reach. A rare combination of luxury, versatility, and income potential in one of Ottawas most desirable neighbourhoods. 560 Queen Mary St also for sale (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- 3502 - Overbrook/Castle Heights
- Common interest
- Freehold
- Lot dimensions
- 30 x 92.1 FT ; 0
- Bedrooms
- 5 above grade, 2 below grade
- Parking
- 2 total
- Stories
- 2
- Fireplace
- 1
- On market
- Apr 22, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $6,500
- Zoning
- Residential
- Photos
- 50
- MLS#
- X13028280
- Area
- OTTAWA
Features and systems
Parking
Basement
Heating
Cooling
Exterior
Foundation
Cash on cash
-6.42%
Cap rate
3.58%
GRM
16.7
Break-even rent
$7,963
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.