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. (id:66096)
Property Details
MLS®
X13721802
Property Type
Multi-family
Bedrooms
6
Beds (above / below)
6 above · 0 below
Bathrooms
3
Parking
3
Interior Size
1,750 ft²
Lot Size
36 × 100 ft (3,600 sq ft)
Frontage
36 ft
Storeys
2
Basement
Finished, N/A
Heating
Forced air, Natural gas
Cooling
None
Garage
No Garage
Property Tax
$6,138.69/yr
Listed
68 days ago
Rooms
Lower level
Living room
5 x 4 meters
Kitchen
4 x 4 meters
Primary Bedroom
4 x 3 meters
Bedroom 2
3 x 5 meters
Second level
Primary Bedroom
4 x 4 meters
Bedroom 2
3 x 3 meters
Living room
5 x 4 meters
Kitchen
4 x 4 meters
Ground level
Living room
5 x 4 meters
Kitchen
Features
Appliances
Washer, Refrigerator, Stove, Dryer
Foundation
Concrete
Exterior
Stucco
Lot Features
Flat site
Services
Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
68d
Ottawa listings, avg age
63d
Price / ft²
$514
List price
$900K
Long Listed: 68 days on market, against an average age of 63 days across the listings currently for sale in this city
Market timing · days on market0 → 63d avg age of current listings
Long Listed · day 68
Haho
This 6-bed multi-family in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
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4 x 3 meters
Primary Bedroom
4 x 4 meters
Bedroom 2
3 x 4 meters
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
