Living (4.0 × 5.0)
Level: Lower
Vanier, Ottawa, Ontario K1L 7H3
Welcome to 315 Lajoie Street where pride of ownership is apparent the moment you set eyes on this building. Long time owner has decided to move on and sell this incredible building. Lovingly maintained and pampered this triplex in Vanier is now priced to sell. Many many recent improvements including: complete upgrade of the plumbing system in 2023, building completely reclad with stucco in 2021, upgraded electrical in 2021, new roof in 2021, apartment 2 completely renovated in 2017, laneway and parking lot paved in 2016 plus new fencing installed, apartment 1 completely renovated in 2015 with new wiring, apartment 3 completely renovated in 2014, building waterproofed in 2013 at the front and along the driveway, windows and front and back door replaced in 2012, high efficiency boiler and hot water tank installed in 2011 and fire rated doors and closures installed in 2007. Nothing to do for the next number of years except collect rents and maintain the property. Excellent tenant mix and potential. All apartments are two bedroom and on month to month leases. Apt. 1 which is the lower level apartment is rented for $1,975 plus hydro; Apt. 2 which is the main floor is rented for $1,266 plus hydro and Apt. 3 the upper floor is rented for $1,567.08 plus hydro. Currently parking and laundry are provided by the Landlord as part of the rent. 2025 expenses are: Taxes $67,138.69, Insurance $3,663.36, Gas $1,897.24, Enercare $1,200.00, Water and Sewer $2.068.00 and common hydro of $1,206.04 which leaves a net income of about $40,653.31. Much upside available on turnover by increasing rents and charging for parking and laundry. Ideal owner occupier as each apartment is bright, spacious and well laid out. Excellent location with an easy commute to downtown, Ottawa University and everything Ottawa has to offer. Why not make 315 Lajoie Street your next real estate investment. Showings Tues and Fri from 10-noon and 2-4 and Sat from 1-5 only with 24 hours notice.
Buy/Sell history for 315 Lajoie St, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $900,000 | N/A | For Sale | X13721802 |
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Level: Lower
Level: Lower
Level: Lower
Level: Lower
Level: Ground
Level: Ground
Level: Ground
Level: Ground
Level: 2nd
Level: 2nd
Level: 2nd
Level: 2nd
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Province of Ontario open data
Municipal transit open data · Province of Ontario open data
Province of Ontario open data · Government of Canada open data
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Monthly Payment
$4,126
Total monthly payment
$4,638
Break-even down payment
100%
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$900,000
$900,000
CAD
Estimated market value
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