315 Lajoie Street Ottawa, Ontario K1L 7H3

6 Bedroom 3 Bathroom 1,500 - 2,000 sqft
None Forced Air

$900,000

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. (id:39840)

Property Details

MLS® Number X13721802
Property Type Multi-family
Community Name 3404 - Vanier
Equipment Type Water Heater
Features Flat Site
Parking Space Total 3
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Above Ground 6
Bedrooms Total 6
Amenities Separate Electricity Meters
Appliances Dryer, Stove, Washer, Refrigerator
Basement Development Finished
Basement Type N/a (finished)
Cooling Type None
Exterior Finish Stucco
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,500 - 2,000 Sqft
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 36 Ft
Size Irregular 36 X 100 Ft
Size Total Text 36 X 100 Ft

Rooms

Level Type Dimensions
Second Level Primary Bedroom 4 m x 4 m
Second Level Bedroom 2 3 m x 3 m
Second Level Living Room 5 m x 4 m
Second Level Kitchen 4 m x 4 m
Lower Level Living Room 5 m x 4 m
Lower Level Kitchen 4 m x 4 m
Lower Level Primary Bedroom 4 m x 3 m
Lower Level Bedroom 2 3 m x 5 m
Ground Level Living Room 5 m x 4 m
Ground Level Kitchen 4 m x 3 m
Ground Level Primary Bedroom 4 m x 4 m
Ground Level Bedroom 2 3 m x 4 m

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/30208439/315-lajoie-street-ottawa-3404-vanier

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