250 Hannah Street Ottawa, Ontario K1L 7N2
$699,000
Fantastic Investment opportunity with a STRONG CAP RATE! ! Legal triplex on a large 50x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $53,880/year. Unit 1: 1 bed/1 bath rented at $1,300/month (all inclusive). Unit 2: 2 bed/1 bath rented at $1,795/month (all inclusive). Unit 3: 1 bed/1bath rented at $1395/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 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:39840)
Property Details
| MLS® Number | X12314287 |
| Property Type | Multi-family |
| Community Name | 3402 - Vanier |
| Parking Space Total | 8 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Stucco |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No 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/28668415/250-hannah-street-ottawa-3402-vanier
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July 30 2025 07:55:13
Ottawa Real Estate Board
Royal LePage Team Realty