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$835,000
Est. payment /mo
5 Beds
3 Baths
2,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000 - 2500
Square Footage 2,000 sqft
Price per Sqft $417
Subdivision 3404 - Vanier
MLS® Listing ID X12748326
Bedrooms 5
Half Baths 1
Property Description
Perfect for a growing family, multi-generational living, or a prime investment opportunity with strong income potential! Choose your own tenants!! Welcome to this versatile duplex, formerly a triplex, situated on a generous 47 x 113 ft lot and zoned R4 - offering excellent redevelopment and value-add potential. The current configuration includes a spacious 3-bedroom unit and a well-sized 2-bedroom unit, both featuring no carpet throughout for low-maintenance ownership and long-term durability.The lower level, previously used as a third unit, provides additional income potential and flexibility for future optimization. An attached garage adds tenant appeal and rental value. With all units currently vacant, investors and owner-occupiers benefit from the rare opportunity to move in immediately, set market rents, and strategically select tenants.Ideally located just minutes from downtown Ottawa, this property offers strong rental demand driven by proximity to transit, parks, schools, and major amenities. Recent updates including PVC windows and a newer roof reduce near-term capital expenses. With three separate hydro meters already in place, operating costs can be efficiently managed and passed on to tenants.Whether you're building your rental portfolio, accommodating extended family living, or targeting long-term appreciation and redevelopment upside, this property delivers flexibility, location, and income growth potential in one complete package. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Attached Garage Yes
Total Parking Spaces 4
Garage Yes
Private Pool No
Building
Story 2
Sewer Sanitary sewer
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Listed by RE/MAX ABSOLUTE REALTY INC.
NEARBY SCHOOL & BUSINESS
343 PRESTON STREET, 11TH FLOOR, OTTAWA, Ontario, K1S1N4