6 Bedroom
3 Bathroom
1,100 - 1,500 ft2
Fireplace
Window Air Conditioner
Baseboard Heaters, Other
$549,900
Click brochure link for more details. DEVELOPMENT & VALUE-ADD OPPORTUNITY on a VACANT 40' x 100' LOT in VANIER SOUTH. Priced for an immediate, hassle-free sale. This purpose-built triplex structure is owner-occupied and will be delivered with guaranteed 100% vacant possession on closing within 2-4 weeks. No tenant relocation or LTB delays allowing you to completely bypass Landlord and Tenant Board delays, tenant relocation costs, or legacy rent controls. PROPERTY HIGHLIGHTS: Features a large triple detached storage shed with a durable metal roof and a fully enclosed yard anchored by a premium 7-foot pressure treated privacy fence. Situated on a highly desirable, quiet stretch of Lacasse Ave populated by long-term owners and tenants and a short 2 minute walk to major bus routes on Montreal Rd. Each of the 3 -- 2 bedroom units has separate electric meters, private laundry hookup & private entrances. The hot water tanks are owned. There are no lease agreements for utilities. DEVELOPMENT POTENTIAL: Capitalize immediately on Ottawa's New Zoning By-law 2026-50 framework. Located in a high-density N-zone transition pocket featuring zero municipal parking minimums, allowing you to maximize the rear footprint for an optimal low-rise 4 to 8-unit multiplex conversion or full clean-slate build. If you'd prefer to renovate the existing triplex, gross rental potential for three 2-bedroom units ranges from $1,800-$2,000/month per unit ($64,800-$72,000 annually) post-renovations. New zoning rules for this district are focused on high density housing & have eliminated the requirement for surface parking. FAST CLOSING TERMS within 30 days/flexible of acceptance. (id:50976)
Property Details
|
MLS® Number
|
X14034068 |
|
Property Type
|
Multi-family |
|
Community Name
|
3404 - Vanier |
|
Amenities Near By
|
Public Transit, Schools |
|
Parking Space Total
|
2 |
|
Structure
|
Deck, Porch, Shed |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
4 |
|
Bedrooms Below Ground
|
2 |
|
Bedrooms Total
|
6 |
|
Appliances
|
Water Heater |
|
Basement Development
|
Finished |
|
Basement Type
|
Full (finished) |
|
Cooling Type
|
Window Air Conditioner |
|
Exterior Finish
|
Vinyl Siding |
|
Fireplace Present
|
Yes |
|
Fireplace Type
|
Woodstove |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Electric, Wood |
|
Heating Type
|
Baseboard Heaters, Other |
|
Stories Total
|
2 |
|
Size Interior
|
1,100 - 1,500 Ft2 |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Fenced Yard |
|
Land Amenities
|
Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
100 Ft |
|
Size Frontage
|
40 Ft |
|
Size Irregular
|
40 X 100 Ft |
|
Size Total Text
|
40 X 100 Ft |
https://www.realtor.ca/real-estate/30402679/303-lacasse-avenue-ottawa-3404-vanier
