For Sale: 528 Guy Street, Ottawa, ON - REW
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$589,900
5 bd • 2 ba • 3000 - 3499 sf • Multifamily
528 Guy Street
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$589,900
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528 Guy StreetOttawa, ON, K1K 1B9

Vanier South
  • 5 Bed
  • 2 Bath
  • 3000 - 3499 Sqft
  • Multifamily

About this home

Excellent opportunity for investors or owner-occupants with this well-maintained up-and-down duplex offering strong income potential and flexible living arrangements. Live in one unit while generating rental income from the other, or maximize your investment by renting both units. The main floor unit is currently vacant and features a spacious layout with 1 bedroom and the potential for a second bedroom in the lower level. This unit offers a bright eat-in kitchen, generous living and dining/family room areas, ample storage space, and an updated bathroom. The vacant status provides immediate occupancy for an owner-user or the opportunity to secure market rent. The upper unit features 2 bedrooms, a spacious living room, dedicated laundry area, and a private south-facing balcony that enjoys excellent natural light throughout the day. This unit is currently rented at $995/month, providing immediate income from day one. Several major updates have already been completed, helping to reduce future capital expenses and providing peace of mind for the next owner. Improvements include a new roof (2023), gas furnace (2018), hot water tanks (2015), renovated main floor bathroom (2014), and weeping tile with sump pump installation in the basement (2009). The property offers manageable operating costs with 2025 expenses including approximately $816 for water, $1,044 for hydro servicing the main floor, common areas and upper unit common services, and approximately $1,700 annually for Enbridge natural gas heating serving both units. Whether you're looking to offset your mortgage through rental income, expand your investment portfolio, or secure a property with future upside, this duplex offers flexibility, functionality, and long-term value. With one unit already generating income and the other available for immediate occupancy or rental, this is an excellent opportunity in today's market. Some photos virtually staged. (id:63626)
Listed by: Jason Pilon, Broker of Record, RE/MAX HALLMARK PILON GROUP REALTY

Home facts and features

Price details
List Price
$589,900
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Gross Taxes for 2026
$3,995
Home facts
Bedrooms
5
Full Bathrooms
2
Parking Spaces
3
Parking Details
No Garage
Property Type
Multifamily
Depth
109 feet
Frontage
40.0 feet
Exterior Finish
Stone, Stucco
Heating Type
Forced air, Natural gas
Basement Details
Unfinished,
Appliances
Dryer, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Jason Pilon
Primary Broker
RE/MAX HALLMARK PILON GROUP REALTY
Secondary Agent
JP Gauthier
Secondary Broker
RE/MAX HALLMARK PILON GROUP REALTY
Listing details
Days on REW
1 Day
MLS® Number
X13463382
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Property Insights

Rideau High School
  • Public
  • 9 - 12
Queen Elizabeth Public School
  • Public
  • JK - 8
Queen Elizabeth Public School
  • Public
  • JK - 8
Robert E. Wilson Public School
  • Public
  • JK - 6
Ottawa Technical Secondary School
  • Public
  • 9 - 12
St Michael School
  • Catholic
  • K - 6
Our Lady of Mount Carmel Elementary School
  • Catholic
  • JK - 6
Queen Mary Street Public School
  • Public
  • JK - 6
Assumption Catholic Elementary School
  • Catholic
  • JK - 6
É Élém C Horizon-Jeunesse
  • Catholic
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker of Record
Jason Pilon
Phone:
(613) 909-8100
Office:
613-590-2910
Salesperson
JP Gauthier
Phone:
(613) 286-2596
Office:
613-590-2910
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