Exceptional investment opportunity just minutes from Beechwood Village! This centrally located legal triplex with two in-law suites offers incredible versatility for multigenerational living or strong rental income. Each of the three main units includes a fridge, stove, washer, dryer, and individual heat pump systems for year-round heating and cooling. The lower-level in-law suites and lower-level apartments feature in-floor heating and large windows, providing warmth, comfort, and natural light. Upper units enjoy private decks, perfect for relaxing or entertaining. The building is equipped with on-demand hot water heating a highly efficient system that keeps utility costs manageable. The roof was replaced within the past 8 years, and the entire property has been recently renovated, making it a true turnkey investment. Outside, the spacious backyard with a deck provides shared outdoor space, and parking for 6 vehicles is available on both sides of the property. Located near Richelieu Park, with quick access to NCC bike paths, the Rideau River, and just a short drive to downtown Ottawa, the ByWard Market, and Highway 417, this location combines urban access with rental appeal. Annual property taxes are $4,066.72, utilities for 2024 total $10,708, and insurance (including rental income protection) is $4,407, with the potential for lower rates if owner-occupied. With a net income of $72,780/year ($6,065/month), this is an outstanding opportunity to own a centrally located, income-producing property with long-term value and flexible use options. (id:6673)
| MLS® Number | X12227251 |
| Property Type | Multi-family |
| Community Name | 3402 - Vanier |
| ParkingSpaceTotal | 8 |
| BathroomTotal | 5 |
| BedroomsAboveGround | 9 |
| BedroomsTotal | 9 |
| Appliances | Water Heater - Tankless, Dryer, Water Heater, Stove, Washer, Refrigerator |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ExteriorFinish | Brick |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 102 Ft |
| SizeFrontage | 71 Ft ,2 In |
| SizeIrregular | 71.2 X 102 Ft |
| SizeTotalText | 71.2 X 102 Ft |
Contact us for more information
Tarek El Attar
Salesperson
William Garcia
Salesperson
Steve Alexopoulos
Broker
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