53 LAVAL STREET|Ottawa, Ontario K1L7Z7

CAD 975,000
For Sale MLS: X12394799

Property Details

Bedrooms

3

Bathrooms

3

Property Type

Multi-family

Description

MLS Number: X12394799

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: 3 • Bathrooms: 3 • 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: Detached Garage, Garage • Parking Spaces: N/A

Description: Discover this exceptional legal triplex at 53 Laval St, Ottawa - a prime investment gem in vibrant Vanier, just steps from Beechwood Avenue's trendy shops, eateries, pubs, and groceries! Imagine the ease of owning a fully renovated (2017-2019) property that generates strong, passive income while you enjoy low-maintenance living or scale your portfolio. Each unit features granite counters, stainless steel appliances with dishwashers, in-unit laundry for tenant convenience, separate A/C, heated towel racks, and durable hardwood/tile/laminate flooring - ensuring high occupancy and minimal repairs. Unlock energy savings and eco-friendly appeal with on-demand hot water, solar panels, inverter, battery, and an EV charger, slashing utility costs and attracting modern renters. Strong annual rents of $65,700 deliver a stellar cap rate for reliable returns! Built on a solid 1937 block foundation with asphalt roof, central A/C, gas heat, detached 1-car garage + 4 drive spots (5 total parking), this 33x99 ft lot maximizes value in R4 zoning with municipal services. Three kitchens, three baths, a finished basement, and four hydro meters simplify management. Lower tenant eager to stay for seamless cash flow; upper owner-occupied with $2K+ rent potential. Walk to transit, downtown access - perfect for investors seeking location-driven appreciation and effortless yield in a thriving neighbourhood. Turnkey opportunity awaits! (41238140)

Agent Information: • Agents: Marnie Bennett; Gregory Blok • Contact: 613-233-8606; 613-240-6420 • Brokerage: BENNETT PROPERTY SHOP REALTY; BENNETT PROPERTY SHOP KANATA REALTY INC

Time on Realtor: N/A

Location

Address

53 LAVAL STREET|Ottawa, Ontario K1L7Z7

City

Ottawa

Features and Finishes

None

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