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Vanier And Kingsview Park,ON K1L 5E4
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 3402 - Vanier
MLS Listing ID X12227251
Style 2-Storey
Bedrooms 9
Annual Tax Amount $4,407
Tax Year 2024
Property Sub-Type Triplex
Property 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 three main units includes a fridge, stove, washer, dryer, and individual heat pump systems for year-round heating and cooling. The lower-level 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 net income of $72,780/year ($6,065/month), this is an outstanding opportunity to own a centrally located, income-producing property with long-term value and flexible use options.
Location
Province ON
County Ottawa
Community 3402 - Vanier
Area Ottawa
Rooms
Family Room Yes
Basement Full,Finished
Kitchen 5
Interior
Interior Features On Demand Water Heater
Cooling Other
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 71.15
Lot Depth 102.0
Total Parking Spaces 8
Building
Foundation Concrete