CAD $769,900

267 MICHEL Circle, Vanier and Kingsview Park, ON, K1L 7P4, CA

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Listing Courtesy of ENGEL & VOLKERS OTTAWA

5 Bd

3 Ba

AM-5072330

MLS#: X12057410

Beautifully renovated duplex with in-law suite in Vanier North offering an incredible investment opportunity with exceptional rental income of $4,960/month, potential cash flow of $1,000+ per month, and a 6.4% cap rate. The lower units (1 bed, 1 bath each) are newly tenanted for a combined $2,900/month, while the upper 3-bed unit is rented at $2,060/month. Tenants pay their own hydro and heat, keeping operating costs low. Located just a couple of blocks from Beechwood, this property provides easy access to groceries, transit, restaurants, shopping, and more,

making it a highly desirable rental location. Extensive renovations include the lower level being completely re-plumbed, LVT flooring throughout, updated bathrooms and kitchens in the lower level, motion-activated common area lighting, new or refurbished appliances, upgraded upstairs electrical panel, new high-efficiency heaters in basement apartments and common area, and fresh paint throughout. This turnkey property offers strong cash flow, low maintenance, and excellent long-term value. Financials are available in the attachments. Schedule your viewing today!

Presented by

Quinn Goodwin

+1 (613) 422-8688

Tyler Laird

+1 (613) 422-8688

Listing Highlights

Subtype
Triplex
Architectural Style
2-Storey
Stories
2
Tax Annual Amount
$5,827.36
Heating
Natural Gas, Baseboard
Cooling
None
County
Ottawa

Property Details

Interior Features
Exterior Features
Pool Features
None
Construction
Property Type
Residential Income
Construction Materials
Brick, Stone
Property Subtype
Triplex
Foundation Details
Block
Architectural Style
2-Storey
Roof
Other
Parking
Parking Total
4
Garage
No

Location

ON
Vanier and Kingsview Park
K1L 7P4
Ottawa
267 MICHEL Circle

Payment Calculator

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Home Price

Down Payment

Mortgage Loan

Year Fixed

Your Monthly Payment

CAD $4,492.93

This payment calculator provided by Engel & Völkers and is intended for educational and planning purposes only. * Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Updated: April 26, 2025 1:10 PM

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