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316 Lafontaine Avenue Ottawa, Ontario K1L 6X2
$649,000
A rare investment opportunity! The main floor of this bungalow has 3 bedrooms and a 4pcs bathroom, while the two basement units generate steady rental income. This location is always in demand, so vacancies are rare and most tenants remain long-term. Recent improvements include refinished and new hardwood floors (2015), updated main floor windows (2013), a new owned hot water tank plus a new rental unit (2016), and the replacement of all remaining roof shingles scheduled for completion in 2016. This property can be purchased purely as an investment, or you can live on the main level while the two basement tenants cover a significant share of your expenses. (id:55689)
Property Details
| MLS® Number | X12899450 |
| Property Type | Multi-family |
| Community Name | 3404 - Vanier |
| Equipment Type | Water Heater |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 1 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Appliances | Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Walk Out |
| Basement Type | N/a (finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 1 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 X 100 Ft |
| Size Total Text | 40 X 100 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | 5.48 m | 3.96 m | 5.48 m x 3.96 m |
| Main Level | Kitchen | 4.26 m | 3.96 m | 4.26 m x 3.96 m |
| Main Level | Primary Bedroom | 3.96 m | 3.65 m | 3.96 m x 3.65 m |
| Main Level | Bedroom 2 | 3.35 m | 2.74 m | 3.35 m x 2.74 m |
| Main Level | Bedroom 3 | 4.87 m | 2.13 m | 4.87 m x 2.13 m |
https://www.realtor.ca/real-estate/29490956/316-lafontaine-avenue-ottawa-3404-vanier
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June 05 2026 03:05:43
Ottawa Real Estate Board
Coldwell Banker Sarazen Realty