Multi-unit
$669,900
235 Jeanne Mance Street
Vanier, Ottawa
- 4 bd
- 3 ba
- Triplex
1 / 15
$470,000
Vanier, Ottawa, ON K1L5S2 · MLS® X13222174
Investment or Development Opportunity! Legal duplex on a 40 x 100 lot situated at the top end of Marier Ave, just 1.5 blocks away from Beechwood Avenue! Each unit has 2 bed, 1 full bath, Kitchen and combined Living/dining areas. Unit 1 has access to basement with tons of additional storage. Unit 1 tenant vacating at end of June- ideal opportunity for investors to find their own tenant or to live in one unit and rent the other. Ample parking for both tenants and a detached garage for extra storage. Taxes per Geowarehouse. Sold under power of sale. Sold As-Is, Where Is. Seller does not warranty any aspects of property, including but not limited to: sizes, taxes or condition. Minimum 24 hrs notice for all showings. (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 Solid Rock Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.