329 Richelieu Avenue Ottawa, Ontario K1L 6J7
$1,624,900
Discover this well-maintained 7-unit multifamily building just minutes from the heart of Ottawa, offering steady cash flow and upside potential. This turnkey investment combines solid tenants, attractive unit mix, and a desirable neighborhood with high demand for rental housing. The prime location is walkable to transit, schools, parks, shopping, dining, and cultural amenities, and is within close proximity to the University of Ottawa. Unit mix is comprised of four 2-bedrooms, two 1-bedrooms and one bachelor. All units are in excellent condition, with two of the units completely renovated in spring 2024, and two others upgraded in the past few years. Onsite laundry is available for tenant convenience and an additional source of income. The property also features an outdoor patio are for tenant enjoyment. Major upgrades include a high-efficiency gas hot water boiler furnace (2018) and main sewer line replacement (2021) from the basement to the city connection. (id:61445)
Property Details
| MLS® Number | X13249836 |
| Property Type | Multi-family |
| Community Name | 3404 - Vanier |
| AmenitiesNearBy | Public Transit |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
Building
| Appliances | All |
| CoolingType | None |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| SizeExterior | 3620 Sqft |
| SizeInterior | 3620 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | Yes |
| LandAmenities | Public Transit |
| SizeDepth | 90 Ft |
| SizeFrontage | 42 Ft ,6 In |
| SizeIrregular | 3620 |
| SizeTotal | 3620 Ac |
| SizeTotalText | 3620 Ac |
| ZoningDescription | R4b |
https://www.realtor.ca/real-estate/29862247/329-richelieu-avenue-ottawa-3404-vanier
Interested?
Contact us for more information
Tony Davies
Salesperson
141 Lake Street, Suite 104
Pembroke, Ontario K8A 5L8
Evan A. Davies
Salesperson
141 Lake Street, Suite 104
Pembroke, Ontario K8A 5L8
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 05 2026 06:55:47
Royal LePage Edmonds & Associates