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562 QUEEN MARY Street, Overbrook - Castleheights and Area, ON K1K 1W1

5+2 beds · 4 baths · 1+1 kitchens · 10 rooms · 2 parking spaces · 2000-2500 sq ft · Semi-Detached
$1,249,000
Property tax
$6,500 / year

Introducing 562 Queen Mary Street, an extraordinary legal duplex nestled in the prestigious Castle Heights community, offering nearly $65,000 inannual rental income. Recently constructed, this property exemplifies refined craftsmanship with soaring 12-foot ceilings on the main floor, 9-foot ceilings on the second level, and impeccable high-end finishes throughout.The main residence spans an impressive 2,645 sq. ft. ofthoughtfully designed living space. It features a custom chefs kitchen, elegant open-concept living and dining areas centered around a cozyfireplace, and seamless access to a private rear deck. In addition to four generously sized bedrooms, the main unit also includes a versatile extrabedroom or private office, ideal for todays lifestyle. The luxurious primary suite is complete with a spa-inspired ensuite, walk-in closet, and anexpansive walk-out balcony.The lower-level apartment offers a beautifully appointed two-bedroom suite with 9-foot ceilings and upscale finishesperfect as a high-quality rental or for extended family living. This property also presents the flexibility to reside in one unit while collectingincome from the other, creating an exceptional opportunity for both homeowners and investors alike.Located just minutes from St. LaurentCentre, 562 Queen Mary enjoys unmatched convenience with excellent schools, shopping, restaurants, parks, and public transit all within easyreach. A rare combination of luxury, versatility, and income potential in one of Ottawas most desirable neighbourhoods. 560 Queen Mary St alsofor sale

MLS number
X13463364
Type
Semi-Detached
Status
Active
Bedrooms
7
Bathrooms
4
Postal code
K1K 1W1
Photos
49
Laundry
Not in the unit
87days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 6 times.

Sale history is for registered usersSee what this address sold for and when, across all 6 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Queen Mary Street Public School
Ottawa-Carleton DSB
Elementary111 m3.4 / 10
34% met the standard
Ottawa Technical Secondary School
Ottawa-Carleton DSB
Secondary547 m3.6 / 10
36% met the standard · 2 of 6 measures
Académie Providence Soeurs AntoninesElementary570 mNot reported
Académie Providence Soeurs AntoninesElementary603 mNot reported
St Michael Elementary School
Ottawa CSB
Elementary660 m5.5 / 10
55% met the standard
Robert E. Wilson Public School
Ottawa-Carleton DSB
Elementary1.1 km5.0 / 10
50% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 607 people.

$28,200Median household income
7.4%Own their home
11.1%Detached houses
34Median age
32.3%Born outside Canada
11%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35060989 — the few blocks around this address, home to 607 people. It describes the area, not this property.

607Population
35.4Average age
2.2Household size
$47,200Average household income
$28,200Median household income
7%Own their home
93%Rent
6%Condominiums
32%Born outside Canada
11%University degree
$450,000Average home value
36%Low income
53%Never married
$5,000 to $9,9995%
$10,000 to $14,99916%
$15,000 to $19,9998%
$20,000 to $24,9997%
$25,000 to $29,9997%
$30,000 to $34,9995%
$35,000 to $39,9993%
$40,000 to $44,9993%
$50,000 to $59,9993%
$60,000 to $69,9995%
$70,000 to $79,9993%
$80,000 to $89,9992%
$90,000 to $99,9995%
$100,000 and over13%
$100,000 to $124,9995%
$125,000 to $149,9993%
$150,000 to $199,9993%
$200,000 and over3%

Percentages are of the 305 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$249,800 · minimum here is $99,900
$5,530.30per month
Borrowed before insurance$999,200
Total borrowed$999,200
Interest over 25 years at 4.5%$659,891

If you rented it out

-$6,071.97per month out of pocket
Rent$0.00
Everything it costs to hold$6,071.97
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by COLDWELL BANKER FIRST OTTAWA REALTY. Listing data provided by the Toronto Regional Real Estate Board.