316 LAFONTAINE AVENUE

$649,000

3404 - Vanier, Ottawa, Ontario

  • 5 beds
  • 1 baths
Commercial · Multi-familyType
5Parking
Baseboard heaters, ElectricHeating
NoneCooling
167Days on market

About this property

A rare investment opportunity! The main floor of this bungalow has 3 bedrooms and a 4pcs bathroom, while the two basement units generate steady rental income. This location is always in demand, so vacancies are rare and most tenants remain long-term. Recent improvements include refinished and new hardwood floors (2015), updated main floor windows (2013), a new owned hot water tank plus a new rental unit (2016), and the replacement of all remaining roof shingles scheduled for completion in 2016. This property can be purchased purely as an investment, or you can live on the main level while the two basement tenants cover a significant share of your expenses. (id:45603)

Property details

Interior

Bedrooms
5
Bedrooms above grade
3
Bedrooms below grade
2
Bathrooms
1
Storeys
1
Basement
Finished, Walk out, N/A
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan

Exterior & parking

Structure type
Triplex
Architectural style
["Bungalow"]
Lot size
40 x 100 FT
Parking spaces
5
Parking features
No Garage
Exterior features
Brick

Building & HOA

Heating
Baseboard heaters, Electric
Cooling
None

Financial & legal

List price
$649,000
Annual taxes
$5,208
Status
Active
MLS® number
X12899450

Location

City
Ottawa
Neighbourhood
3404 - Vanier
Province
Ontario
Postal code
K1L6X2
Directions
Lafontaine Avenue runs North/South between Montreal Road and MacArthur Avenue in Vanier between the Vanier Parkway and St. Laurent Blvd.

Room details

RoomLevelDimensionsFeatures
Living roomMain level5.48 x 3.96 meters
KitchenMain level4.26 x 3.96 meters
Primary BedroomMain level3.96 x 3.65 meters
Bedroom 2Main level3.35 x 2.74 meters
Bedroom 3Main level4.87 x 2.13 meters

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).