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$725,000
Est. payment /mo
6 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 3402 - Vanier
MLS Listing ID X12314288
Style 2-Storey
Bedrooms 6
Annual Tax Amount $5,355
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 $65,520/year. Unit 1: 2 bed/2 bath rented at $1,735/month (all inclusive). Unit 2: 2 bed/2 bath rented at $2,330/month (all inclusive). Unit 3: bachelor/2bath rented at $1395/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 250, 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. Property is being sold "as-is, where is". No warranties or representations from the seller.
Location
Province ON
County Ottawa
Community 3402 - Vanier
Area Ottawa
Zoning R4UA-c
Rooms
Family Room No
Basement Full, Finished
Kitchen 3
Interior
Interior Features None
Cooling Central Air
Exterior
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 50.0
Lot Depth 100.0
Total Parking Spaces 6
Building
Foundation Concrete
Others
Senior Community Yes
ParcelsYN No
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Listed by ROYAL LEPAGE TEAM REALTY
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