5 Bedrooms

1 Bathrooms

1,100 - 1,500 sqft Interior

5 Parking spaces

40 X 100 Ft Lot size

26 days ago Listed

Bungalow Fireplace None Baseboard Heaters Finished basement

About this home

A rare investment opportunity! The main floor of this bungalow has 3 bedrooms and a 4pcs bathroom, while the two basement units generate steady rental income. This location is always in demand, so vacancies are rare and most tenants remain long-term. Recent improvements include refinished and new hardwood floors (2015), updated main floor windows (2013), a new owned hot water tank plus a new rental unit (2016), and the replacement of all remaining roof shingles scheduled for completion in 2016. This property can be purchased purely as an investment, or you can live on the main level while the two basement tenants cover a significant share of your expenses. (id:28469)

Facts & features

Property

MLS® Number: X12899450
Property Type: Multi-family
Community Name: 3404 - Vanier
Equipment Type: Water Heater
Parking Space Total: 5
Rental Equipment Type: Water Heater

Building

Bathroom Total: 1
Bedrooms Above Ground: 3
Bedrooms Below Ground: 2
Bedrooms Total: 5
Appliances: Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
Architectural Style: Bungalow
Basement Development: Finished
Basement Features: Walk Out
Basement Type: N/a (finished)
Cooling Type: None
Exterior Finish: Brick
Fireplace Present: Yes
Foundation Type: Concrete
Heating Fuel: Electric
Heating Type: Baseboard Heaters
Stories Total: 1
Size Interior: 1,100 - 1,500 Sqft
Type: Triplex
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 100 Ft
Size Frontage: 40 Ft
Size Irregular: 40 X 100 Ft
Size Total Text: 40 X 100 Ft

The Vanier market

43 Active listings

$599,900 Median asking price

8% above median This home

45 days Avg. time on market

Browse all Vanier listings →

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

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: $2,874/mo
Ontario land transfer tax: $9,455 one-time

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

Rooms

Main Level

Living Room 5.48 m x 3.96 m
Kitchen 4.26 m x 3.96 m
Primary Bedroom 3.96 m x 3.65 m
Bedroom 2 3.35 m x 2.74 m
Bedroom 3 4.87 m x 2.13 m

Location

316 Lafontaine Avenue, Ottawa, Ontario K1L 6X2 · Get directions

316 Lafontaine Avenue