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$ 699,000
Est. payment | /mo
4 Beds
3 Baths
$ 699,000
Est. payment | /mo
4 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 3402 - Vanier
MLS Listing ID X12314287
Style 2-Storey
Bedrooms 4
Annual Tax Amount $4,547
Tax Year 2025
Property Sub-Type Triplex
Property Description
Fantastic Investment opportunity with a STRONG CAP RATE! ! Legal triplex on a large 50x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $53,880/year. Unit 1: 1 bed/1 bath rented at $1,300/month (all inclusive). Unit 2: 2 bed/1 bath rented at $1,795/month (all inclusive). Unit 3: 1 bed/1bath rented at $1395/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 256, and 258 Hannah also available, combine for total lot size of 180x100 ft -- (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood.
Location
Province ON
County Ottawa
Community 3402 - Vanier
Area Ottawa
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 3
Interior
Interior Features None
Cooling Window Unit(s)
Fireplace No
Heat Source Electric
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 100.0
Total Parking Spaces 8
Building
Foundation Concrete
Listed by ROYAL LEPAGE TEAM REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "