BACK TO LISTINGS

369 LAFONTAINE AVENUE
Ottawa, Ontario K1L6X9

$1,875,000

Fully air conditioned Baseboard heaters

Turnkey Sixplex Investment in Ottawa's Thriving Vanier Neighborhood Discover 369 Lafontaine Avenue, a meticulously transformed purpose-built sixplex that redefines premium rental living in Ottawa's vibrant and rapidly revitalizing Vanier community. This rare gem features six fully renovated two-bedroom units, each boasting sleek modern kitchens with quartz countertops, brand-new cabinetry, stainless steel appliances, and in-suite laundry. Bathrooms shine with contemporary finishes, tiled showers, and energy-efficient lighting. Designed for long-term efficiency and tenant satisfaction, the property includes new windows, sliding glass doors, upgraded attic insulation, and heat pump systems with air conditioning in every unit. The exterior has been elevated with a freshly painted neutral gray facade, professionally sealed foundation with new weeping tiles, and a refreshed parking lot complete with new signage. Common areas have been thoughtfully updated with fresh carpets, modern lighting, secure mailboxes, and newly painted balconies, all complemented by advanced security with Ring cameras and integrated lighting. Perfectly situated just minutes from downtown Ottawa, this location offers tenants unbeatable access to transit, shopping, dining, and entertainment. With a Net Operating Income (NOI) of $86,040, increased rental income, and significant capital upgrades, this property is a standout investment opportunity in a neighborhood poised for exponential growth. Don't wait-own a cornerstone of Vanier's bright future today. Contact me now to schedule your private viewing! (id:25961)

ARE YOU INTERESTED IN LEARNING

MORE ABOUT THIS PROPERTY?

Request More Listings Information
Courtesy of EXP REALTY

Listed on: January 10, 2025

On market: 5 days
BACK TO LISTINGS

NOTICE: All Royal LePage Team Realty offices are open to our clients. We have new procedures and policies to ensure our clients and communities are safe. Please contact us or your Royal LePage Team Realty sales representative to plan your visit.

Contact one of our branches, we're here to help!

Not intended to solicit currently listed properties or buyers under contract. The above information is from sources believed reliable, however, no responsibility is assumed for the accuracy of this information. Royal LePage Team Realty, Independently Owned & Operated Brokerage. All rights reserved. Ottawa Real Estate


The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.