34-40 Barrette Street, Ottawa, photo 1 1 / 14

$995,000

34-40 Barrette Street

Vanier, Ottawa, ON K1L8A5 · MLS® X14171048

  • 8Bedrooms
  • 4Bathrooms
  • 5Parking

About this property

RARE SUB-$1M DOUBLE-LOT INVESTMENT & DEVELOPMENT OPPORTUNITY IN BEECHWOOD VILLAGE. Landmark acquisition opportunity positioned just off Beechwood Avenue. Offered at $995,000, this expansive 66' x 100' double parcel (two tax rolls) represents one of the premier holdings in Vanier North/Beechwood Village. Ideal for both strategic buy-and-hold investors looking to capitalize on strong long-term appreciation and rental upside, or multi-family builders seeking immediate redevelopment value. Benefiting from City of Ottawa N4B H(11) zoning, the site supports an 11-metre (3-storey) height profile, offering a streamlined as-of-right path for an 8 to 12-unit residential project (~$99,500/door land basis). Features an outstanding street-level orientation with open corridor views and an exceptional walkability score-steps to Beechwood's dining, artisanal bakeries, boutique shops, and parks, plus a swift commute to Downtown Ottawa and Parliament Hill. A versatile asset with outstanding underlying land value in a proven, high-demand urban growth market. (id:65933)

Type
Duplex
Category
Multi-family
Annual taxes
$4,405
Updated
Nov 11, 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 Royal Lepage Team 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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