267 Lalemant Street Ottawa, Ontario K1L 7G1

$879,500

Welcome to 267 Lalemant - an excellent investment opportunity in a sought-after location. This 4-plex offers strong income potential with 3 of 4 units currently vacant, providing the ability to set rents at current market rates. The property features a practical and desirable unit mix: Unit #1 (main floor - vacant): 3 bedrooms/1 bathroom; Unit #4 (basement - vacant): 2 bedrooms/1 bathroom; Unit #2 (2nd floor - vacant): 1 bedroom/1 bathroom; and Unit #3 (2nd floor - tenanted): 1 bedroom/1 bathroom, currently rented at $1,270/month. Each unit offers functional layouts and strong rental appeal, making this an attractive option for both experienced investors, and those looking to expand their portfolio. Located in a high-demand area close to schools, parks, transit, restaurants, shopping, Montfort Hospital, and quick access to Highway 417. The neighbourhood continues to see strong rental demand and long-term growth. With the opportunity to lease 3 vacant units immediately at updated market rents, this property offers both short-term upside and long-term value stability. A great opportunity to secure a well-located multi-residential property with immediate revenue potential and future appreciation. (id:50886)

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https://www.realtor.ca/real-estate/29091062/267-lalemant-street-ottawa-3402-vanier