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Renanza Realty
For sale

316 LAFONTAINE AVENUE

Ottawa, Ontario

MLS® X12899450

$649,000

Status
Active
Property type
Multi-family
MLS® number
X12899450
Bedrooms
5
Bathrooms
1
Year built

Listing description

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.

Property summary

MLS® number
X12899450
Property type
Multi-family
Building type
Triplex
Land size
40 x 100 FT
Annual property taxes
$5,207.93
Parking
5 spaces · No Garage
Days on market
183 days

Features & details

Heating
Baseboard heaters, Electric
Cooling
None
Basement
Finished, Walk out, N/A
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Exterior features
Brick
Architectural style
Bungalow

What would this home cost you?

Based on the $649,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$3,020 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of COLDWELL BANKER SARAZEN REALTY, OTTAWA.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.