MLS#: X12532568Listed: 7 days agoUpdated:6 days ago
Description
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:58075)
Details
Details for 267 Lalemant Street, Ottawa, Ontario
Property Type
Multi Family
Building Type
Fourplex
Storeys
2
Neighborhood
3402 - Vanier
Land Size
33.2 x 94.6 FT
Year Built
-
Annual Property Taxes
$0
Parking Type
No Garage
Inside
Appliances
-
Rooms
-
Bedrooms
8
Bathrooms
4
Fireplace
-
Fireplace Total
-
Basement
Apartment in basement, N/A
Building
Architecture Style
-
Direction
Cross Streets: Montreal Rd / Lalemant St. ** Directions: From Montreal Rd, turn onto Lalemant St, property is on the right.
Type of Dwelling
fourplex
Roof
-
Exterior
Aluminum siding
Foundation
Block
Flooring
-
Land
Sewer
Sanitary sewer
Lot Size
33.2 x 94.6 FT
Zoning
-
Zoning Description
-
Parking
Features
No Garage
Total Parking
3
Utilities
Cooling
None
Heating
Not known, Not known, Electric, Natural gas, Other