369 LAFONTAINE AVENUE, Ottawa, ON K1L6X9
369 LAFONTAINE AVENUE, Ottawa, ON K1L6X9
369 LAFONTAINE AVENUE, Ottawa, ON K1L6X9
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Muhamed Awada

Muhamed Awada

+1(613) 720-4237
$1,799,900
Est. payment /mo
6,361 SqFt
Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 6361

Square Footage 6,361 sqft

Price per Sqft $282

Subdivision 3404 - Vanier

MLS® Listing ID X13107874

Property Description

369 Lafontaine Avenue is a purpose-built sixplex ideally located just minutes to downtown Ottawa, shopping, transit, restaurants, and everyday amenities. The property features six spacious two-bedroom units with modern kitchens, quartz countertops, stainless steel appliances, updated bathrooms, in-suite laundry, and energy-efficient heat pumps with A/C. Gas and water are included, while tenants pay their own hydro. The convenience of in-suite laundry and efficient heating and cooling systems continues to attract strong tenant demand over competing rental properties. Extensive professionally completed renovations and capital improvements were completed in 2021, including updated suites, common areas, windows, doors, attic insulation, partial foundation waterproofing, parking lot resurfacing, and security improvements. The property is equipped with security cameras above each unit entrance and throughout the rear parking area. A strong management team is already in place, keeping the building running efficiently while consistently achieving market rents. With increased rents and a current NOI of $91,130, the property now operates at an attractive 5% cap rate, making this a strong turnkey multi-residential investment opportunity. Contact today for more information or to book your private showing. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, Other

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

Others

Virtual Tour https://youriguide.com/369_lafontaine_ave_ottawa_on/

Read Less Info
Powered by: REALTOR.ca
Listed by EXP REALTY

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Muhamed Awada

Muhamed Awada

+1(613) 720-4237

Real Estate Agent | License ID: 4726552

Real Estate Agent License ID: 4726552

Name

Name

Phone*

Phone

Message

By checking this box, I agree to receive recurring marketing communication from Muhamed Awada, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.