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369 Lafontaine Ave

Lafontaine AveEast EndOttawaON, K1L 6X8

-
Beds
-
Baths
6,361
Sq. Ft.
$1,875,000
List Price
369 Lafontaine Ave, Ottawa, ON - 1 of 3
369 Lafontaine Ave, Ottawa, ON - 2 of 3
369 Lafontaine Ave, Ottawa, ON - 3 of 3
New
12 days on market

Turnkey Sixplex Investment in Ottawa's Thriving Vanier Neighborhood Discover 369 Lafontaine Avenue, a meticulously transformed purpose-built sixplex that redefines premium rental living in Ottawa's vibrant and rapidly revitalizing Vanier community. This rare gem features six fully renovated two-bedroom units, each boasting sleek modern... Show More

Turnkey Sixplex Investment in Ottawa's Thriving Vanier Neighborhood Discover 369 Lafontaine Avenue, a meticulously transformed purpose-built sixplex that redefines premium rental living in Ottawa's vibrant and rapidly revitalizing Vanier community. This rare gem features six fully renovated two-bedroom units, each boasting sleek modern kitchens with quartz countertops, brand-new cabinetry, stainless steel appliances, and in-suite laundry. Bathrooms shine with contemporary finishes, tiled showers, and energy-efficient lighting. Designed for long-term efficiency and tenant satisfaction, the property includes new windows, sliding glass doors, upgraded attic insulation, and heat pump systems with air conditioning in every unit. The exterior has been elevated with a freshly painted neutral gray facade, professionally sealed foundation with new weeping tiles, and a refreshed parking lot complete with new signage. Common areas have been thoughtfully updated with fresh carpets, modern lighting, secure mailboxes, and newly painted balconies, all complemented by advanced security with Ring cameras and integrated lighting. Perfectly situated just minutes from downtown Ottawa, this location offers tenants unbeatable access to transit, shopping, dining, and entertainment. With a Net Operating Income (NOI) of $86,040, increased rental income, and significant capital upgrades, this property is a standout investment opportunity in a neighborhood poised for exponential growth. Don't wait-own a cornerstone of Vanier's bright future today. Contact me now to schedule your private viewing! (id:54626)

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Property Details

Size

6,361 sq. ft.
0 Beds
0 Baths

Lot

Size
502′12″ * 1747′0″
Acres
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
Fully air conditioned

Utilities

Water
Municipal water
Sewer
-
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Source

Listing Brokerage

MLS® Listing
X11916942
Last Updated
January 10, 2025
Brokerage
EXP REALTY
Powered by: REALTOR.ca
Call us 800-591-0566

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