Added 2 weeks ago
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Type: Fourplex
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Style: 2-Storey
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Lot Size: 0 x 0 Feet
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Age: No Data
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Taxes: $11,783 per year
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Days on Site: 6 Days
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Added: Mar 06, 2025 (2 weeks ago)
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Updated:
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Last Checked: 1 week ago
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MLS®#: X12005577
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Listed By: Engel & volkers ottawa
Welcome to 263 Michel Circle and 73 Lavergne Street, two turnkey duplexes located steps from Beechwood, one of Ottawa's fastest-growing neighbourhoods. These two properties are side by side with 100 ft of frontage on Lavergne and 100 ft of frontage on Michel. The zoning is R2 which allows for good development potential. These well-maintained, income-generating properties are ideal for investors looking to expand their portfolios in a high-demand area. At 73 Lavergne Street, the upper unit features three spacious bedrooms and a 3-piece bath, while the lower unit offers two bedrooms and a 3-piece bath, with its own separate entrance for added tenant privacy. At 263 Michel Circle, the upper unit features three bedrooms and a 3-piece bath, while the lower unit offers 2 bedrooms and a 3-piece bath, providing comfortable living spaces. Both properties are tenanted, with established tenants already in place, ensuring immediate rental income. Both properties are located just minutes from downtown Ottawa, in the vibrant and evolving Vanier neighbourhood, which offers strong tenant demand and access to public transit, parks, schools, shopping, and top-rated restaurants. With ongoing redevelopment and appreciation in the area, this is a rare opportunity to own two duplexes in a high-growth market. Don't miss out on this exceptional investment opportunity. Contact us today, and see the attached financials for more details on these properties.
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Property
Status: Sale
Property Type: Fourplex
Style: 2-Storey
Area: Vanier and Kingsview Park
Community: 3402 - Vanier
Availability Date: TBD
Inside
Bedrooms: 10
Bathrooms: 4
Kitchens: 2
Rooms: 21
Den/Family Room: Yes
Air Conditioning: None
Fireplace: Yes
Central Vacuum: N
Washrooms: 4
Building
Basement: Apartment
Basement 2: Fin W/O
Heat Type: Other
Heat Source: Gas
Exterior: Brick
Exterior: Vinyl Siding
Green Verification Status: N
Water Supply: Municipal
Special Designation: Other
Parking
Garage Spaces: 1
Garage Type: Other
Covered Parking Spaces: 12
Total Parking Spaces: 13
Fees
Tax Year: 2024
Tax Legal Description: See attached legal descriptions.
Taxes: $11,783
Land
Cross Street: Lavergne St. & Miche
Municipality District: Vanier and Kingsview Park
Fronting On: North
Pool: None
Sewer: Sewers
Lot Irregularities: 2 Lots
Car-Dependent
- Almost all errands require a car.
École élémentaire publique L'Héritage
Elementary: PublicChar-Lan Intermediate School
Elementary: PublicSt Peter's School
Elementary: CatholicHoly Trinity Catholic Elementary School
Elementary: CatholicÉcole élémentaire catholique de l'Ange-Gardien
Elementary: CatholicWilliamstown Public School
Elementary: PublicÉcole secondaire publique L'Héritage
Secondary: PublicCharlottenburgh and Lancaster District High School
Secondary: PublicSt Lawrence Secondary School
Secondary: PublicÉcole secondaire catholique La Citadelle
Secondary: CatholicHoly Trinity Catholic Secondary School
Secondary: CatholicCornwall Collegiate and Vocational School
Secondary: Public