303 Lacasse Avenue, Ottawa, photo 1 1 / 9

$497,000

303 Lacasse Avenue

Vanier, Ottawa, ON K1L7A5 · MLS® X14034068

  • 6Bedrooms
  • 3Bathrooms
  • 2Parking

About this property

Click brochure link for more details. ATTENTION BUILDERS, DEVELOPERS & SAVVY INVESTORS! Incredible infill development opportunity on a prime 40' x 100' flat lot (4,000 sq. ft.) situated on a quiet, highly desirable pocket of Lacasse Avenue in the heart of Vanier. This property is being sold strictly for land value and is a clean-slate canvas ready for your next high-density residential build. The existing triplex structure is uninhabitable, allowing you to bypass the Landlord and Tenant Board (LTB) entirely with 100% vacant possession and a flexible, fast closing date. Benefit from massive cost and time savings with active, live municipal utility hookups (water, sewer, and hydro) already connected to the site. The hot water tanks are owned. There are no lease agreements for utilities. The perimeter is completely secured by a 7-foot privacy fence, perfect for managing your pre-construction phase. Located steps from the vibrant Montreal Road transit corridor, local amenities, and just minutes to downtown Ottawa. Capitalize immediately on Ottawa's New Zoning By-law 2026-50 framework. Located in a high-density N-zone transition pocket featuring zero municipal parking minimums, allowing you to maximize the rear footprint for an optimal low-rise 4 to 8-unit multiplex conversion or full clean-slate build. (id:65933)

Type
Triplex
Category
Multi-family
Annual taxes
$4,368
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 Honestdoor Inc..

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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