215 LAVERGNE STREET|Ottawa, Ontario K1L5E4

CAD 1,150,000
For Sale MLS: X12227251

Property Details

Bedrooms

9

Bathrooms

5

Property Type

Multi-family

Description

MLS Number: X12227251

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: 9 • Bathrooms: 5 • Building Type: Triplex • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: Garage • Parking Spaces: N/A

Description: 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 five units includes a fridge, stove, washer, dryer, and individual heat pump systems for year-round heating and cooling. The 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 gross income of $91,962/year ($7663/month), this is an outstanding opportunity to own a centrally located, income-producing property with long-term value and flexible use options. (40709440)

Agent Information: • Agents: Tarek El Attar; William Garcia; Steve Alexopoulos • Contact: 613-733-9494; 613-266-0666; 613-733-9494 • Brokerage: EXP REALTY; EXP REALTY; EXP REALTY

Time on Realtor: N/A

Location

Address

215 LAVERGNE STREET|Ottawa, Ontario K1L5E4

City

Ottawa

Features and Finishes

None

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