339 QUEEN STREET
1 / 26

For Sale

$649,000

339 QUEEN STREET

MLS® Number: X12823652

Bedrooms

8

Bathrooms

4

About This Property

Excellent Investment Opportunity in a High-Demand Rental Area.Turn-key 4-plex offering strong, stable income with four self-contained units, each featuring private entrances and separately metered hydro. Each unit has its own laundary. The building consists of:One 3-bedroom main floor unit (newly renovated) - currently vacant, previously rented for $2,400/month. Includes basement access offering ample storage space.Two 2-bedroom units - currently rented at $1,050/month and $827.35/month.One 1-bedroom unit - currently rented at $1,280/month.With a 20% down payment, this property generates positive cash flow and offers significant upside potential through future rent optimization.Well-maintained and located in a high-demand rental area with consistent tenant demand and low vacancy rates, this is an ideal opportunity for investors seeking a clean, reliable, income-producing multi-residential asset.

Property Details

Interior Details

Appliances

Washer, Refrigerator, Stove, Dryer

Basement

Unfinished, N/A

Bathrooms Total

4

Bedrooms Total

8

Cooling

Window air conditioner

Heating

Radiant heat, Not known, Natural gas

Building & Exterior

Building Features

Separate Electricity Meters

Exterior Features

Vinyl siding

Foundation Details

Poured Concrete

Parking Features

No Garage

Stories

2.0

Land & Location

Frontage Length

40.0 feet

Lot Size Dimensions

40 x 115 FT

Listing & Financials

Listing Office

EXP REALTY

Originating System Name

Ottawa Real Estate Board

Other Specifications

Country

Canada

Parking Total

4

Mortgage Calculator

20% ($129,800)
5.5%
25 Years

Estimated Monthly Payment

$3,188

Principal and interest only. Actual rates may vary.

Location & Map

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