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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

6 Beds

5 Baths

Save

Est. payment | -/mo

Save

6 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 3402 - Vanier

MLS Listing ID X13012740

Style 2-Storey

Bedrooms 6

Annual Tax Amount $5,988

Tax Year 2025

Property Sub-Type Fourplex

Property Description

Purpose-built FOURPLEX on a 66' x 99' lot with N4B H zoning (formerly R4UD). This property offers both strong in-place income and excellent future development potential. This well-maintained property features four fully occupied residential units - two one-bedroom and two two-bedroom suites-plus a separately rented garage/warehouse currently used for storage, with flexibility for alternative uses such as a studio, loft-style space, or traditional parking. The building provides multiple income streams and tenant-friendly amenities, including designated parking for all tenants, storage lockers, coin-operated laundry, a utility room, and a convenient common powder room, for an annual total income of $90,600.00 (Cap rate of 5.5%). Outdoor spaces include an upper deck and a private front garden patio with lattice screening, reflecting pride of ownership throughout this long-held asset. Key updates include thermopane windows (2006 with some windows also replaced within last 5 years), flat roof (2006, with metal roof on garage), fire retrofit (2010), and an owned boiler with water storage tank (2015). The property is fully upgraded with a 100 AMP breaker panel, additional fuse panel, and no knob-and-tube wiring. Offering an ideal location at the corner of Vanier Parkway and Montreal Road, tenants love to be centrally located just steps from downtown Ottawa. The property offers easy access to shopping, transit, schools, parks, and recreational amenities, making it highly attractive to tenants. The downtown core is easily reachable by foot, bike, car, or public transit. INCLUDES: 4 fridges, 4 stoves, 2 hood fans, 1 microwave/hood fan, 1 dishwasher, 1 coin-operated washer, 1 coin-operated dryer, owned boiler, and 6 hydro meters. Note: 48-hour irrevocable required on all offers.

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Family Room No

Basement None

Kitchen 4

Interior

Interior Features None

Cooling None

Inclusions 4 fridges, 4 stoves, 2 hood fans, 1 microwave/hood fan, 1 dishwasher, 1 coin-operated washer, 1 coin-operated dryer, owned boiler, and 6 hydro meters

Exterior

Exterior Feature Deck, Patio

Parking Features Reserved/Assigned

Garage Spaces 2.0

Pool None

Roof Type Flat

Lot Frontage 66.0

Lot Depth 99.0

Total Parking Spaces 6

Building

Foundation Concrete

Others

Senior Community Yes

ParcelsYN No

Listed by ROYAL LEPAGE TEAM REALTY

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213 Desrosiers ST Vanier And Kingsview Park, ON K1L 7T2