Multi-unit
$669,900
235 Jeanne Mance Street
Vanier, Ottawa
- 4 bd
- 3 ba
- Triplex
1 / 8
$599,900
Vanier, Ottawa, ON K1L7S1 · MLS® X13815000
CALLING ALL BUILDERS, DEVELOPERS AND INVESTORS! OPPORTUNITY KNOCKS! Large irregular corner lot 5242 square feet (GEO) with R5D H25 zoning, allowing for a multitude of uses including various commercial and residential development possibilities including low rise up to 25 metres (Buyers to verify with city). Nicely located near community centers, government buildings, shops, public transit, parks and a quick commute to downtown Ottawa. This property is being sold for land value. The house is 'as is, where is' with no warranties provided. See attachments for property measurements to see how it corners on two streets. All measurements are approximate. Owner occupied property. House is fully operational but no interior showings until a conditional sale. (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 Re/Max Affiliates Results Realty Inc..
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.