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    For Sale - 315 Lajoie Street Unit# 3, Vanier and Kingsview Park, Ontario

    Est payment $4,322/mo
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    Time on Jump  58 day

    AI Summary *

    • Well-maintained triplex with a strong history of ownership and care.
    • Recent upgrades include plumbing, electrical, roof, and complete apartment renovations.
    • All apartments are two-bedroom units with current month-to-month tenants.
    • Great location near downtown and Ottawa University, perfect for commuting.
    • Potential for increased income through rent increases and added charges for services.




    Welcome to 315 lajoie street where pride of ownership is apparent the moment you set eyes on this building. Long time owner has decided to move on and sell this incredible building. Lovingly maintained and pampered this triplex in vanier is now priced to sell. Many many recent improvements including: complete upgrade of the plumbing system in 2023, building completely reclad with stucco in 2021, upgraded electrical in 2021, new roof in 2021, apartment 2 completely renovated in 2017, laneway and parking lot paved in 2016 plus new fencing installed, apartment 1 completely renovated in 2015 with new wiring, apartment 3 completely renovated in 2014, building waterproofed in 2013 at the front and along the driveway, windows and front and back door replaced in 2012, high efficiency boiler and hot water tank installed in 2011 and fire rated doors and closures installed in 2007. Nothing to do for the next number of years except collect rents and maintain the property. Excellent tenant mix and potential. All apartments are two bedroom and on month to month leases. Apt. 1 which is the lower level apartment is rented for $1,975 plus hydro; apt. 2 which is the main floor is rented for $1,266 plus hydro and apt. 3 the upper floor is rented for $1,567. 08 plus hydro. Currently parking and laundry are provided by the landlord as part of the rent. 2025 expenses are: taxes $67,138. 69, insurance $3,663. 36, gas $1,897. 24, enercare $1,200. 00, water and sewer $2. 068. 00 and common hydro of $1,206. 04 which leaves a net income of about $40,653. 31. Much upside available on turnover by increasing rents and charging for parking and laundry. Ideal owner occupier as each apartment is bright, spacious and well laid out. Excellent location with an easy commute to downtown, ottawa university and everything ottawa has to offer. Why not make 315 lajoie street your next real estate investment. Showings tues and fri from 10-noon and 2-4 and sat from 1-5 only with 24 hours notice.
    Listing IDX13721802
    Address315 Lajoie Street Unit# 3
    CityVanier and Kingsview Park, Ontario
    Price$900,000
    Bed / Bath6 / 3 Full
    Style2-Storey, Triplex
    ConstructionStucco (Plaster)
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Separate Hydro MeterOwnership FreeholdBasement FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: ROYAL LEPAGE TEAM REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    315 Lajoie Street Unit# 3
    Vanier and Kingsview Park , Ontario
    6 3 $900,000
    Get more info