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$699,000

Active
352 Lacasse Avenue, Ottawa, ON· Vanier
5+1
Bedrooms
3
Bathrooms
2000-2500
Sq Ft
$280–$350
Per Sq Ft
4
Attached Parking

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About this Property

  • An attached garage offers versatile space, ideal for storage or a very small vehicle

Exceptional Opportunity for Investors, Multi-Generational Families, or Owner-Occupants! This formerly triplex property offers a rare chance to secure immediate vacant possession, set market rents, and choose your own tenants. Ideal for investors, extended families, or buyers seeking long-term upside, income potential, and future redevelopment opportunities. Located on a 47' x 113' lot and zoned R4, the property provides strong development and value-add potential in a highly desirable Ottawa location. The layout includes a 3-bedroom upper unit, a 2-bedroom main floor unit, and a 1-bedroom basement unit, all finished with carpet-free flooring for durability and low maintenance. Built in 1956 and lovingly held as a family home since April 1965, the property combines solid construction with timeless character. It is ready to be enjoyed as-is or thoughtfully modernized to suit your vision. A standout feature is the abundant storage throughout, offering rare and practical functionality across all levels. The basement unit provides added income potential and flexibility, making it well-suited for multi-generational living or investors aiming to maximize returns. An attached garage offers versatile space, ideal for storage or a very small vehicle. Conveniently located just minutes from downtown Ottawa, the property benefits from strong rental demand with close proximity to transit, parks, schools, and amenities. Recent updates include PVC windows and a newer roof, helping reduce near-term maintenance costs. Three hydro meters are already in place for efficient utility management. With vacant possession, strong location fundamentals, and multiple future pathways, this property presents a compelling combination of immediate income potential, long-term appreciation, and redevelopment opportunity in one complete package.

Listed by RE/MAX DELTA REALTY · MLS# X13246442

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 352 Lacasse Avenue, Ottawa, ON

Property TypeDetached
Style2-Storey
Size2000-2500 sq ft
BasementFull, Partially Finished
Total Parking4

Mortgage Calculator

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%
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Mortgage Payment$3,434/monthly
Principal54%
Interest46%
Principal Amount$559,200
Interest$470,993
Total Payable$1,030,193
Amortization25 years

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

Cash Flow Analysis

Mortgage payment$3,434
Mortgage + Expenses$3,434
$
$
$
$
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Monthly Cash Flow-$3,434

* 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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