Multi-unit
$669,900
235 Jeanne Mance Street
Vanier, Ottawa
- 4 bd
- 3 ba
- Triplex
1 / 10
$989,900
Vanier, Ottawa, ON K1L6P4 · MLS® X12041947
Awesome property sitting on a great corner location in the heart of McArthur Avenue. This property offers 5 parking spots, a lovely one bedroom apt on the 2nd level at $1650 per month. Main floor office owner occupied but could be converted to 2 bedrm unit is weelchair accessible. The owner space can be rented for commercial use for approximately $2700.00 per month. The basement has 2 bachelor units rented $1250 per moth each. Potential gross Income of approx $80,000.00 per year. Zoning allows for many uses including medical, retail, personal service business, office, take-out or restaurant and more. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.
Listed by Royal Lepage Integrity Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.