333 Levis Avenue, Ottawa, photo 1 1 / 24

$559,900

333 Levis Avenue

Vanier, Ottawa, ON K1L6G9 · MLS® X13827010

  • 7Bedrooms
  • 3Bathrooms
  • 7Parking

About this property

SET YOUR OWN RENTS - STRONG CASH FLOW OPPORTUNITY! Look no further than this income-generating duplex, perfectly positioned on a spacious 42.45 ft x 89.83 ft lot bursting with development potential - a rare find for savvy investors looking to build long-term equity and cash flow in one package. The main level unit boasts a generous 4-bedroom layout with a full bathroom and in-unit laundry, offering ample space for a family or roommate setup, while the fully finished basement adds a 5th bedroom and a second full bathroom maximizing rental potential and flexibility. Upstairs, the second level unit features 2 bright bedrooms, 1 full bathroom, a well-appointed kitchen, and the added convenience of in-unit laundry. Both units are separately metered for hydro, giving owners flexibility and reduced utility overhead. The entire property has been freshly painted throughout and features a brand-new 2025 A/C unit, meaning less upkeep and more peace of mind from day one. A newer shed is also included with the purchase, offering great additional storage space. With 7 bedrooms and 3 bathrooms total, this property is built for hassle-free, high-demand rental income. Situated in a thriving, rapidly developing neighborhood, it's just minutes from major university, the downtown core, public transit, restaurants, and everyday shopping and amenities - everything tenants look for in a rental. Lots of this size, configuration, and development upside are increasingly hard to find in this market. Whether you're expanding your portfolio or purchasing your first income property, this is a rare opportunity you don't want to miss. Book your private showing today - opportunities like this don't last long! (id:65933)

Type
Duplex
Category
Multi-family
Annual taxes
$4,658
Updated
Oct 28, 2026

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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 Right At Home Realty.

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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