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    For Sale - 369 Lafontaine Avenue, Vanier and Kingsview Park, Ontario

    Est payment $8,643/mo
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    Views   1
    Time on Jump  6 day

    AI Summary *

    • Purpose-built sixplex located just minutes from downtown Ottawa and amenities.
    • Six spacious two-bedroom units with modern kitchens and stainless steel appliances.
    • Recent extensive renovations enhance value and attract strong tenant demand.
    • Equipped with security cameras for added safety and peace of mind.
    • On-site management ensures efficient operations and consistent rental income.




    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.
    Listing IDX13107874
    Address369 Lafontaine Avenue
    CityVanier and Kingsview Park, Ontario
    Price$1,799,900
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Baseboard

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    Listing Agency:  EXP 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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    369 Lafontaine Avenue
    Vanier and Kingsview Park , Ontario
    $1,799,900
    Get more info