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Est. payment | /mo
6 Baths
3,590 SqFt
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Est. payment | /mo
6 Baths
3,590 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,590 sqft
Subdivision 3402 - Vanier
MLS Listing ID X13869952
Annual Tax Amount $9,665
Tax Year 2026
Property Sub-Type Investment
Property Description
Calling all investors and developers! Rare opportunity to own a 6-unit building on a double lot in the heart of Vanier. The property features five 2-bedroom units and one bachelor, with two units currently vacant, giving a new owner the opportunity to set their own rents from day one. There is plenty of upside with two additional units currently rented below market and potential to add a 7th unit in the basement, subject to buyer due diligence and approvals. The double lot also offers future redevelopment potential, with the possibility of replacing the existing building with two multi-unit buildings, subject to zoning, approvals and buyer due diligence. Located close to Montréal Road, Beechwood Avenue, shopping, restaurants, public transit and just minutes from downtown, St. Laurent Shopping Centre and Train Yards. Multiple ways to increase income and add value. See attached pro forma for additional financial details.
Location
State ON
County Ottawa
Area Ottawa
Zoning R4E
Interior
Cooling No
Inclusions 6 Fridge, 6 Stove, coin operated washer/dryer
Exterior
Utilities Available Yes
Lot Frontage 65.92
Lot Depth 89.89
Others
ParcelsYN No
Listed by LOTFUL REALTY