244 Hannah Street Ottawa, Ontario K1L 7N2
$699,000
Fantastic Investment opportunity with a STRONG CAP RATE! Legal duplex on a large 50x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $55,500/year. Unit 1: 3 bed/1 bath rented at $1,925/month (plus hydro). Unit 2: 4 bed/4 bath rented at $2,700/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 250, 256, and 258 Hannah also available, combine for total lot size of 180x100 ft -- (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood. (id:50886)
Property Details
| MLS® Number | X12314286 |
| Property Type | Multi-family |
| Community Name | 3402 - Vanier |
| Parking Space Total | 6 |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Basement Type | Crawl Space |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Stucco |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 100 Ft |
| Size Total Text | 50 X 100 Ft |
| Zoning Description | R4ua-c |
https://www.realtor.ca/real-estate/28668382/244-hannah-street-ottawa-3402-vanier
Contact Us
Contact us for more information
Charles Khouri
Salesperson
www.charleskhouri.com/
www.facebook.com/charleskhouriottawarealestateagent
www.twitter.com/Charleskhouri1
www.linkedin.com/pub/charles-khouri/53/5b/355
1723 Carling Avenue, Suite 1
Ottawa, Ontario K2A 1C8
(613) 725-1171
(613) 725-3323
www.teamrealty.ca/
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®)
August 14 2025 03:53:54
Ottawa Real Estate Board
Royal LePage Team Realty