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351 - 353 Richelieu Avenue, Ottawa, ON 34 photos

$524,900

Active
351 - 353 Richelieu Avenue, Ottawa, ON· Vanier
3+1
Bedrooms
2
Bathrooms
1100-1500
Sq Ft
$350–$477
Per Sq Ft
4
Detached Parking
51-99
Year Built

About this Property

Some properties make sense on paper. This one makes sense the moment you walk through the door. A turn-key purpose-built duplex in Ottawa's fast-evolving Vanier, this well-maintained investment property offers flexibility, strong rental potential, and the rare advantage of two vacant units ready for immediate occupancy or full market rents. Upstairs, the 3-bedroom, 1-bathroom unit balances character and practicality with hardwood floors underfoot, a renovated kitchen designed for everyday ease, and an updated bathroom that keeps the space feeling fresh and current. Downstairs, the bright 1-bedroom, 1-bathroom unit features its own renovated kitchen, creating an ideal setup for multigenerational living, an owner-occupied income property, or a fully tenanted duplex investment. Separate hydro meters simplify management and maximize income potential, while the detached garage and extended driveway parking add everyday convenience that tenants and owners alike will appreciate. Extensive upgrades and attentive maintenance throughout mean fewer surprises and more confidence for investors looking for a solid Ottawa duplex in a high-demand rental corridor. Set in a central location close to transit, downtown Ottawa, shops, restaurants, and everyday amenities, this Vanier duplex delivers the kind of versatility buyers search for: live in one unit and offset your mortgage with rental income, accommodate family with privacy, or lease both units at current market rates from day one. A smart income property. A flexible living solution. An increasingly rare opportunity in Ottawa real estate. Some photos have been virtually staged.

Listed by PAUL RUSHFORTH REAL ESTATE INC. · MLS# X13233090

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 351 - 353 Richelieu Avenue, Ottawa, ON

Property TypeDuplex
Style2-Storey
Size1100-1500 sq ft
BasementFull, Finished
Total Parking4

Mortgage Calculator

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%
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Mortgage Payment$2,579/monthly
Principal54%
Interest46%
Principal Amount$419,920
Interest$353,683
Total Payable$773,603
Amortization25 years

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

Cash Flow Analysis

Mortgage payment$2,579
Mortgage + Expenses$2,579
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$
$
$
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Monthly Cash Flow-$2,579

* 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.

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