Apartment buildings for sale in Ottawa

269-271 Queen Mary Street, Overbrook - Castleheights and Area

2 to 5 units
Listed by FIRST CHOICE REALTY ONTARIO LTD.
Updated September 16, 2026
$1,658,000
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Details from the listing

Property taxes$10,000 (2025)
Lot size50 × 85 ft
OccupancyTenant
HeatForced Air, Gas

From the listing

Welcome to 271/269 Queen Mary; a 4 unit building composed of 2 semi-detached duplex's 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 on each half with their own private separate entrances. The upper units showcase contemporary finishes, large open-concept main floor layouts, and bright, well-proportioned living spaces designed for today's lifestyle. The open concept kitchens are complete with beautiful quartz countertops and modern stainless steel appliances making the space highly usable and very appealing to tenants. The main floor spaces are complemented by premium powder rooms and large closets. Upstairs offers 3 large bedrooms, a 5 piece bathroom and a large 4 piece ensuite in each unit. Laundry is made easy as there are side by side washer/dryer combos on the second level. Enjoy morning coffees and endless sunsets on the south facing 2nd level decks! The lower 1 bedroom units are fully independent, providing excellent rental income potential or multigenerational living flexibility. Follow the beautiful interlock to the backyard where you are met by private staircases and sizeable landings before entering. The open concept kitchens, living and dinning areas make the spaces feel large and allows light to flood into the living spaces. The basement units enjoy the same premium stainless steel kitchen appliances and quartz countertops found in the upper units. Complete with beautiful 3 piece bathrooms and their own laundry machines, these units provide amazing livability and value to anyone who enjoys the space. 269 Main-Floor unit rented for $3000/month. 271 Main-Floor unit is vacant. 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 $6000/year. Water averages about $92.5/month (combined for all units).

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Listings refreshed October 1, 2026 at 12:25 a.m. ET