
List Price: $769,900
267 MICHEL Circle, Vanier And Kingsview Park, K1L 7P4
- By ENGEL & VOLKERS OTTAWA
Triplex|MLS - #X12057410|New
5 Bed
3 Bath
None Garage
Client Remarks
Beautifully renovated duplex with in-law suite in Vanier North offering an incredible investment opportunity with exceptional rental income of $4,960/month, potential cash flow of $1,000+ per month, and a 6.4% cap rate. The lower units (1 bed, 1 bath each) are newly tenanted for a combined $2,900/month, while the upper 3-bed unit is rented at $2,060/month. Tenants pay their own hydro and heat, keeping operating costs low. Located just a couple of blocks from Beechwood, this property provides easy access to groceries, transit, restaurants, shopping, and more, making it a highly desirable rental location. Extensive renovations include the lower level being completely re-plumbed, LVT flooring throughout, updated bathrooms and kitchens in the lower level, motion-activated common area lighting, new or refurbished appliances, upgraded upstairs electrical panel, new high-efficiency heaters in basement apartments and common area, and fresh paint throughout. This turnkey property offers strong cash flow, low maintenance, and excellent long-term value. Financials are available in the attachments. Schedule your viewing today!
Property Description
267 MICHEL Circle, Vanier And Kingsview Park, K1L 7P4
Property type
Triplex
Lot size
N/A acres
Style
2-Storey
Approx. Area
N/A Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
None
Building size
N/A
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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267 MICHEL Circle, Vanier And Kingsview Park, K1L 7P4Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
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$0 Principal and Interest
Walk Score for 267 MICHEL Circle

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