369 LAFONTAINE AVENUE

Ottawa, Ontario, K1L6X9, Canada

$1,875,000

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!

Virtual Tour: https://www.youtube.com/watch?v=LYdUZal-4Tk

Last updated on : Friday 10th of January 2025 10:22:55 AM

ADDRESS

Street : 369 LAFONTAINE AVENUE

City : Ottawa

Province : Ontario

Country : Canada

Postal Code : K1L6X9

Open in Google Map

PROPERTY SUMMARY

Property ID : X11916942

Building Type : Multi-Family

Property Type : Multi-family

Similar Properties

Multi-family

466 NELSON STREET

Ottawa, Ontario, K1N7S8

$2,500,000

property Type: Multi-Family

type: Sale

MARC PAPINEAU
6 months ago

DETAILS

Multi-family

185 HENDERSON AVENUE

Ottawa, Ontario, K1N7P7

$3,150,000

property Type: Multi-Family

type: Sale

MARC PAPINEAU
6 months ago

DETAILS

Multi-family

119 DALY AVENUE

Ottawa, Ontario, K1N6E6

$2,800,000

property Type: Multi-Family

type: Sale

MARC PAPINEAU
6 months ago

DETAILS

Multi-family

33 LAKESHORE DRIVE

South Dundas, Ontario, K0C1X0

$1,199,999

property Type: Multi-Family

type: Sale

GISELE PETHICK
1 month ago

DETAILS

Multi-family

253 MAIN STREET E

Hawkesbury, Ontario, K6A1A1

$1,200,000

property Type: Multi-Family

type: Sale

AKRAM SYED
3 days ago

DETAILS

Inquire about this property