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Home ON Ottawa - Gatineau Ottawa Vanier Vanier North
261-263 MICHEL CIRCLE
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261-263 MICHEL CIRCLE $1,525,000
$1,525,000
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261-263 MICHEL CIRCLE
Ottawa, Ontario K1L7P4

MLS® Number: X12005577
10
Bedrooms
4
Bathrooms
-
Square Feet

Listing Description

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. (39997505)

Location Description

Lavergne St. & Michel Cir.

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Community Name
3402 - Vanier
Land Size
2 Lots
Annual Property Taxes
$11,783.18
Parking Type
Garage
Time on REALTOR.ca
15 days

Building

Bedrooms
Above Grade
10
Bathrooms
Total
4
Interior Features
Basement Features
Apartment in basement, Walk out
Basement Type
N/A (Finished)
Building Features
Foundation Type
Concrete
Heating & Cooling
Heating Type
Other (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Parking
Parking Type
Garage
Total Parking Spaces
13
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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