For Sale Multi-Family

269 Michel Circle

$875,000 Est. $3,874/mo ↓

Ottawa, Ontario K1L 7P4

6 Bedrooms
3 Bathrooms
1,100 - 1,500 sqft Interior
3 Parking spaces
52 X 100 Ft Lot size
41 days ago Listed
Bungalow Fireplace Wall Unit Heat Pump, Radiant Heat Finished basement

About this home

Welcome to this fully renovated bungalow with legal SDU (secondary dwelling unit) in the heart of Vanier North, steps away from Beechwood, offering a turnkey investment opportunity or future owner-occupancy potential. Renovated top to bottom in 2025, this property features two thoughtfully updated units with modern finishes and functional layouts throughout. The large upper unit offers three bedrooms and one full bathroom in a bright, inviting space, while the lower unit provides three bedrooms and two bathrooms, one of which is an ensuite, creating strong appeal for a variety of tenant profiles. Both units feature fresh, contemporary interiors and are well suited for stable rental income; Upper unit currently leased at $2,650, Lower unit currently leased at $2,400. The property includes three parking spaces, with tandem parking for the upper unit and a dedicated space for the lower, along with shared access to the backyard. Ideally located just steps from transit, schools, parks, and the Rideau River pathways, and within easy reach of Beechwood Avenue, downtown Ottawa, and the University of Ottawa, this property is surrounded by grocery stores, restaurants, and everyday amenities, making it a fantastic opportunity in one of Ottawa's most up-and-coming urban communities. Tenants pay Hydro, Landlord pays Gas and Water. 24 hour irrevocable on all offers. (id:28469)

Facts & features

Property

MLS® Number
X13566818
Property Type
Multi-family
Community Name
3402 - Vanier
Parking Space Total
3

Building

Bathroom Total
3
Bedrooms Above Ground
3
Bedrooms Below Ground
3
Bedrooms Total
6
Appliances
Dishwasher, Dryer, Hood Fan, Microwave, Stove, Washer, Refrigerator
Architectural Style
Bungalow
Basement Development
Finished
Basement Type
Full (finished)
Cooling Type
Wall Unit
Exterior Finish
Brick
Fireplace Present
Yes
Foundation Type
Poured Concrete
Heating Fuel
Natural Gas
Heating Type
Heat Pump, Radiant Heat
Stories Total
1
Size Interior
1,100 - 1,500 Sqft
Type
Duplex
Utility Water
Municipal Water

Parking

No Garage

Land

Acreage
No
Sewer
Sanitary Sewer
Size Depth
100 Ft
Size Frontage
52 Ft
Size Irregular
52 X 100 Ft
Size Total Text
52 X 100 Ft

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$3,874/mo
Ontario land transfer tax
$13,975 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Vanier market

70 Active listings
$599,450 Median asking price
46% above median This home
34 days Avg. time on market
Browse all Vanier listings →

Location

269 Michel Circle, Ottawa, Ontario K1L 7P4  ·  Get directions

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