53 LAVAL STREET Active Save Request In-Person Tour Request Virtual Tour
Ottawa,ON K1L7Z7
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $886
Subdivision 3402 - Vanier
MLS Listing ID X12394799
Bedrooms 3
Source Ottawa Real Estate Board
Property Description
Discover this exceptional legal triplex at 53 Laval St, Ottawa - a prime investment gem in vibrant Vanier, just steps from Beechwood Avenue's trendy shops, eateries, pubs, and groceries! Imagine the ease of owning a fully renovated (2017-2019) property that generates strong, passive income while you enjoy low-maintenance living or scale your portfolio. Each unit features granite counters, stainless steel appliances with dishwashers, in-unit laundry for tenant convenience, separate A/C, heated towel racks, and durable hardwood/tile/laminate flooring - ensuring high occupancy and minimal repairs. Unlock energy savings and eco-friendly appeal with on-demand hot water, solar panels, inverter, battery, and an EV charger, slashing utility costs and attracting modern renters. Strong annual rents of $65,700 deliver a stellar cap rate for reliable returns! Built on a solid 1937 block foundation with asphalt roof, central A/C, gas heat, detached 1-car garage + 4 drive spots (5 total parking), this 33x99 ft lot maximizes value in R4 zoning with municipal services. Three kitchens, three baths, a finished basement, and four hydro meters simplify management. Lower tenant eager to stay for seamless cash flow; upper owner-occupied with $2K+ rent potential. Walk to transit, downtown access - perfect for investors seeking location-driven appreciation and effortless yield in a thriving neighbourhood. Turnkey opportunity awaits! (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 1.8288 m X 2.0828 m Foyer
Extra Room 2 Second level 3.7338 m X 2.5146 m Laundry room
Extra Room 3 Second level 3.6068 m X 3.937 m Bedroom
Extra Room 4 Second level 1.7018 m X 3.175 m Bathroom
Extra Room 5 Second level 2.9464 m X 3.1496 m Kitchen
Extra Room 6 Second level 4.7498 m X 3.9116 m Living room
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Story 2