Calling all investors and developers! Rare opportunity to own a 6-unit building on a double lot in the heart of Vanier. The property features five 2-bedroom units and one bachelor, with two units currently vacant, giving a new owner the opportunity to set their own rents from day one. There is plenty of upside with two additional units currently rented below market and potential to add a 7th unit in the basement, subject to buyer due diligence and approvals. The double lot also offers future redevelopment potential, with the possibility of replacing the existing building with two multi-unit buildings, subject to zoning, approvals and buyer due diligence. Located close to Montréal Road, Beechwood Avenue, shopping, restaurants, public transit and just minutes from downtown, St. Laurent Shopping Centre and Train Yards. Multiple ways to increase income and add value. See attached pro forma for additional financial details.
| MLS # | X13869952 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 38 |
| Listing Provided By | LOTFUL REALTY | X13869952 494500 |
| Bath(s) | 6 |
|---|---|
| SQ Feet | 3,590 |
| Acreage | 0.08 |
| Cooling | No |
|---|
| Utilities | Yes |
|---|---|
| Sewer | None |
| Tax Annual Amount | 9665.54 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | see attachment |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| County | Ottawa |
| City | Vanier and Kingsview Park |
| Postal Code | K1L 5S1 |
| Area | 3402 Vanier |
| Listing VS Median (in K1L 5S1) | |
Price: $1,379,000 low | high Med: $1,379,000 sqft: 3,590 low | high Med: 3,590 $ / sqft: $384 low | high Med: $384 On site: 38 low | high Med: 38 | |
| Province | ON |
|---|---|
| County | Ottawa |
| City | Vanier and Kingsview Park |
| Postal Code | K1L 5S1 |
| Area | 3402 Vanier |
| Listing VS Median (in K1L 5S1) | |
Price: $1,379,000 low | high Med: $1,379,000 sqft: 3,590 low | high Med: 3,590 $ / sqft: $384 low | high Med: $384 On site: 38 low | high Med: 38 | |