329 RICHELIEU AVENUE, Ottawa, Ontario, K1L6J7
MLS: X12947774 | Multi-Family
$1,624,900
Property Description
Discover this well-maintained 7-unit multifamily building just minutes from the heart of Ottawa, offering steady cash flow and upside potential. This turnkey investment combines solid tenants, attractive unit mix, and a desirable neighborhood with high demand for rental housing. The prime location is walkable to transit, schools, parks, shopping, dining, and cultural amenities, and is within close proximity to the University of Ottawa. Unit mix is comprised of four 2-bedrooms, two 1-bedrooms and one bachelor. All units are in excellent condition, with two of the units completely renovated in spring 2024, and two others upgraded in the past few years. Onsite laundry is available for tenant convenience and an additional source of income. The property also features an outdoor patio are for tenant enjoyment. Major upgrades include a high-efficiency gas hot water boiler furnace (2018) and main sewer line replacement (2021) from the basement to the city connection. (id:64974)
Quick Facts
- Property Type: Multi-Family
- Bedrooms: None
- Bathrooms: None
- Living Area: 3,620 sq ft (336.3 m²)
- Attached: Yes
- Lot Size: 3620.0000 acres (1464.96 ha)
- Frontage: 43 ft (13 m)
Costs
- Annual Taxes: $12,813.00 (2025)
Listing Provided by: ROYAL LEPAGE EDMONDS & ASSOCIATES
Board: Renfrew County Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Hot water radiator heat, Natural gas
- Cooling: None
- Appliances: All
Exterior & Construction
- Water: Municipal water
Lot & Land
- Lot Size: 3620.0000 acres (1464.96 ha)
- Frontage: 43 ft (13 m)
- Zoning: R4B
Community & Neighbourhood
- Neighbourhood: 3404 - Vanier
Listing Information
Listing History
MLS listing activity for 329 RICHELIEU AVENUE, Ottawa, Ontario, K1L6J7 — dates reflect when changes were recorded in the DDF
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
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329 RICHELIEU AVENUE, Ottawa, Ontario, K1L6J7