Multi-unit
$669,900
235 Jeanne Mance Street
Vanier, Ottawa
- 4 bd
- 3 ba
- Triplex
1 / 24
$885,000
Vanier, Ottawa, ON K1L7T3 · MLS® X14148448
A three-car oversized garage of approx 1,300 square feet is a rare find in Vanier, and it's the standout feature of 253 Frechette Street. With room for vehicles, equipment, inventory, or a workshop, it's an ideal setup for a home-based business, with possible commercial use adding even more flexibility. Above and beyond the garage, this three-unit building offers three separate, self-contained units in one of Vanier's most vibrant and fast-evolving neighbourhoods. Whether you're an investor seeking immediate rental income, an owner-occupier looking to offset your mortgage, or a builder eyeing development potential, this property delivers options. You're within easy reach of shops, restaurants, transit, and everyday amenities on Beechwood Avenue, where the village is booming, all in a community that keeps growing in demand and character. Solid space, real flexibility, and genuine upside: this is an investment property with room to grow. (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 Engel & Volkers Ottawa.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.