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$799,900

Active
323 Levis Avenue, Ottawa, ON· Vanier
6
Bedrooms
6
Bathrooms
1500-2000
Sq Ft
$400–$533
Per Sq Ft
5
Carport Parking

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About this Property

Excellent investment opportunity in a prime location! This well-maintained duplex features three self-contained living spaces, offering strong rental income, great tenants, and excellent potential for future growth with many updates and upgrades done over the years.The spacious main-floor 3-bedroom unit rents for $2,467.18/month all inclusive, while the upper-level 1-bedroom unit rents for $1,750/month plus hydro. The lower-level 2-bedroom accessory apartment, complete with its own private entrance, rents for $1,900/month all inclusive. All three units have their own laundry facilities.The property benefits from excellent tenant stability. The flat roof was redone in 2020. Ideally located close to transit, shopping, amenities, and just minutes from downtown. With $6,117.18/month in current rental income, or $73,406.16 annually, this property offers an attractive investment opportunity with further potential to increase revenue over time, never a vacancy. An excellent opportunity for both new and seasoned investors.

Listed by RIGHT AT HOME REALTY · MLS# X13768418

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 323 Levis Avenue, Ottawa, ON

Property TypeDuplex
Style2-Storey
Size1500-2000 sq ft
BasementFull, Finished, Apartment
Total Parking5

Mortgage Calculator

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%
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Mortgage Payment$3,930/monthly
Principal54%
Interest46%
Principal Amount$639,920
Interest$538,981
Total Payable$1,178,901
Amortization25 years

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

Cash Flow Analysis

Mortgage payment$3,930
Mortgage + Expenses$3,930
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Monthly Cash Flow-$3,930

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

5.0 · 70+ Google reviews
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

$799,900

323 Levis Avenue, Ottawa, ON