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228 Carillon Street, Ottawa, ON 22 photos

$859,900

Active
228 Carillon Street, Ottawa, ON· Vanier
4
Bedrooms
2
Bathrooms
1100-1500
Sq Ft
5
None Parking

About this Property

Situated on an oversized 66' x 88.5' double lot in the heart of Vanier, this rare purpose-built side-by-side duplex offers a unique combination of existing rental income and exceptional future development potential. Zoned R4UA, the property is uniquely configured with the entire duplex situated on one half of the lot, leaving the other half as largely vacant land - an increasingly rare opportunity in Ottawa's urban core. This highly flexible layout creates exciting possibilities for future intensification, redevelopment, expansion, or potential severance opportunities (buyer to verify with the City of Ottawa).The duplex consists of two 2-bedroom, 1-bathroom units, each with separate entrances and independently metered electrical service, separate hot water tanks, and separate washers and dryers. Current rents are well below market value, offering attractive future income upside, while the month-to-month tenancy structure provides flexibility. Whether you are seeking a strategic land holding opportunity, an income-producing property with substantial redevelopment possibilities, or a prime urban infill site with holding income already in place, 228 Carillon Street offers a rare range of options in one of Ottawa's rapidly evolving neighbourhoods. Ideally located close to downtown Ottawa, Beechwood Village, transit, parks, schools, shopping, and everyday amenities, this is a compelling opportunity for buyers looking to capitalize on the continued growth and intensification of the area.

Listed by ROYAL LEPAGE PERFORMANCE REALTY · MLS# X13136896

About Vanier

Urban Revitalizing · Avg $500K

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.

Avg Home Price$500K
Walk Score80
To ByWard Market10 min
Drive to Downtown8 min
View Full Vanier Guide

Features & Details

Property details of 228 Carillon Street, Ottawa, ON

Property TypeDuplex
StyleBungalow
Size1100-1500 sq ft
BasementDevelopment Potential, Separate Entrance, Unfinished
Total Parking5

Mortgage Calculator

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%
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Mortgage Payment$4,224/monthly
Principal54%
Interest46%
Principal Amount$687,920
Interest$579,409
Total Payable$1,267,329
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$4,224
Mortgage + Expenses$4,224
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$
$
$
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Monthly Cash Flow-$4,224

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

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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