ADAM MILLS REALTY TEAM

267 Lalemant Street Ottawa, Ontario K1L 7G1

8 Bedroom 4 Bathroom 2,000 - 2,500 ft2
None Other, Not Known

$879,500

Welcome to 267 Lalemant - an excellent investment opportunity in a sought-after location. This 4-plex offers strong income potential with 3 of 4 units currently vacant, providing the ability to set rents at current market rates. The property features a practical and desirable unit mix: Unit #1 (main floor - vacant): 3 bedrooms/1 bathroom; Unit #4 (basement - vacant): 2 bedrooms/1 bathroom; Unit #2 (2nd floor - vacant): 1 bedroom/1 bathroom; and Unit #3 (2nd floor - tenanted): 1 bedroom/1 bathroom, currently rented at $1,270/month. Each unit offers functional layouts and strong rental appeal, making this an attractive option for both experienced investors, and those looking to expand their portfolio. Located in a high-demand area close to schools, parks, transit, restaurants, shopping, Montfort Hospital, and quick access to Highway 417. The neighbourhood continues to see strong rental demand and long-term growth. With the opportunity to lease 3 vacant units immediately at updated market rents, this property offers both short-term upside and long-term value stability. A great opportunity to secure a well-located multi-residential property with immediate revenue potential and future appreciation. (id:49712)

Property Details

MLS® Number X12532568
Property Type Multi-family
Neigbourhood Vanier
Community Name 3402 - Vanier
Parking Space Total 3

Building

Bathroom Total 4
Bedrooms Above Ground 6
Bedrooms Below Ground 2
Bedrooms Total 8
Basement Features Apartment In Basement
Basement Type N/a
Cooling Type None
Exterior Finish Aluminum Siding
Foundation Type Block
Heating Fuel Electric, Natural Gas
Heating Type Other, Not Known
Stories Total 2
Size Interior 2,000 - 2,500 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 94 Ft ,7 In
Size Frontage 33 Ft ,2 In
Size Irregular 33.2 X 94.6 Ft
Size Total Text 33.2 X 94.6 Ft

https://www.realtor.ca/real-estate/29091062/267-lalemant-street-ottawa-3402-vanier

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