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$679,900
ActiveAbout this Property
- 2%! Updated and well maintained TRIPLEX on a corner lot with three 1-bedroom units and two parking spots
CAP RATE 6.2%! Updated and well maintained TRIPLEX on a corner lot with three 1-bedroom units and two parking spots. Unit 1 - features a two-storey unit with an updated kitchen with microwave/hoodfan, eating area, a family room on the main floor, in-unit laundry and a large bedroom on the second floor with walk-in closet and full bathroom with laundry. Tenant pays $1,600 per month + hydro. Unit 2 - features a 1 bedroom unit with full kitchen, good size living room, in-unit laundry and full bathroom with laundry. Tenant pays $1,250 per month + hydro. Unit 3 - features a 1 bedroom apartment with full kitchen with eating area, spacious living room, and balcony. (VACANT - projected rent $1,800 per month). Updates: Heating (2022), Roof (2017), Windows (2017). NOI: $42,004.29 (approx.)
Listed by AVENUE NORTH REALTY INC. · MLS# X13123766
About Vanier
Vanier is a compact urban neighbourhood located just east of the Rideau River from downtown Ottawa, undergoing a significant revitalization that has caught the attention of savvy buyers, investors, and first-time homeowners looking for affordable central living with strong appreciation potential. Once a separate francophone municipality before amalgamation, Vanier retains a distinctive French-Canadian cultural identity while embracing the multicultural diversity that has become one of its defining characteristics.
Features & Details
Property details of 216 Hannah Street, Ottawa, ON
Market Insights for Triplex in Ottawa
Based on 23 sales in the last 90 days · Showing city-wide data
Seller’s Market
Demand is outpacing supply. Sellers can expect competitive offers and strong pricing.
New Listings
23
Avg Days on Market
43 days
Avg Price/Sq Ft
$470
Location
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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