Multi-unit
$669,900
235 Jeanne Mance Street
Vanier, Ottawa
- 4 bd
- 3 ba
- Triplex
1 / 24
$3,800,000
Vanier, Ottawa, ON K1K3K2 · MLS® X13676534
Investors/Developers Delight! 3 solid 6 unit buildings with 18 large apartments with potential 6 moreunits(in the lower levels!), 3 buildings are side-by-side on 3 large lots offering you 12 x 2 bedroomapartments and 6 x 1 bedroom apartments. Rents are low but have potential for increasing. 15 min bus rideto the University of Ottawa and Parliament Hill! Each building was recently(2022) appraised for $1,500,000each. ($4,500,000 for all 3 buildings). Call today! Please visit the REALTOR website for further informationabout this Listing. (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 Power Marketing Real Estate Inc..
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.