TerminatedMultiplex

484 Queen Mary Street

Name: 484 Queen Mary Street - Terminated 7 months ago
Brand: LOTFUL REALTY
Price: 1799900 CAD
Availability: OutOfStock

Overbrook - Castleheights and Area - 3502 - Overbrook/Castle Heights

484 Queen Mary Street

Overbrook - Castleheights and Area - 3502 - Overbrook/Castle Heights

Listed For $1,799,900

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Terminated 7 months ago

11 Bedrooms Bedrooms

5 Bathrooms Bathrooms

0 Garage Garage

Description

Fantastic investment opportunity! Well-positioned 6-UNIT building in a rapidly growing area, offering both steady income and future upside. Four units are currently occupied, two at market rents (renovated) and two with long-term tenants paying below-market rents, leaving room for increased returns. Two fully renovated units with modern finishes are vacant, allowing the new owner to set rents and select tenants. Additional income from coin-operated laundry and rentable on-site parking enhances cash flow. The property sits in a prime redevelopment area where older homes are being replaced with multi-unit projects, driving demand and property values. With a generous lot size and R4UC zoning, there is exciting potential for future development. This is a rare chance to acquire a stabilized ass

Key facts for 484 Queen Mary Street

Tax$9,374 / 2025

Property TypeMultiplex, 2-Storey

Lot Size92 x 72 Feet

Size3500-5000 ft²

ParkingNone Spaces, Total 6 Spaces

BasementApartment

Listing #X12383772

Days on Market--

Listing BrokerageLOTFUL REALTY

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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Home Price

Amortization

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* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$8,789/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$0.9% net yield

Net Monthly Cash Flow-$7,170

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