$799,900
322-324 Queen Mary Street, Overbrook - Castleheights and Area, ON K1K 1W9
Beds
Baths
Parking
CASH FLOWING legal rooming house on two adjacent, south-fronting lots offered together in one of Ottawa's fastest-growing urban cores. Providing significant holding income while you navigate the site plan process in the case of future development. 14 rooms each rented for $520/month+. Zoning supports high-intensity residential (apartments, stacked towns, or low-rise). Unbeatable location. Maximize your footprint by combining these separate titles or keep them independent for future resale flexibility.

Property Summary

Property Type Commercial
Property Sub Type Investment
Transaction Type For Sale
Possession 30 days

Building

Building Type Investment
Square Footage 6060.07
Building Area Units Square Feet
Heating Gas Forced Air Closed
Cooling No

Measurements

Lot Size 35.55 x 85.2
Lot Size Units Feet
Frontage 35.55
Depth 85.2
Total Living Area 6060.07

Land

Address 322-324 Queen Mary Street, Overbrook - Castleheights and Area, ON K1K 1W9
City Overbrook - Castleheights and Area
Community 3502 - Overbrook/Castle Heights
County / Area Ottawa
Cross Street Lola Street
Parcel Number 042520283

Parking and Garage

Garage Type None

Taxes and Listing Info

List Price $799,900
Annual Taxes $6,467
Tax Year 2025
Status Active
Listing Date 2026-05-27T01:34:07Z
Updated 2026-05-27T01:34:07Z
MLS Number X13180404
Local Market Insight

What Buyers Should Know About 322-324 Queen Mary Street, Overbrook - Castleheights and Area, ON K1K 1W9

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

322-324 Queen Mary Street, Overbrook - Castleheights and Area, ON K1K 1W9 is positioned in 3502 - Overbrook/Castle Heights, a part of Overbrook - Castleheights and Area where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Investment, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Investment should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Lola Street, public transit options, parking availability, and drive times to employment areas. A property with available parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $799,900, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows available bedrooms, available bathrooms, basement details marked as to be confirmed, and a lot size of 35.55 x 85.2, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Overbrook - Castleheights and Area, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around 3502 - Overbrook/Castle Heights. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 322-324 Queen Mary Street, Overbrook - Castleheights and Area, ON K1K 1W9, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.