Vanier and Kingsview Park - 3402 - Vanier
Vanier and Kingsview Park - 3402 - Vanier
Sold For$690,000
Listed For $750,000
Sold Jul 2023
Excellent investment opportunity with great cash flow. This fourplex is located in the heart of Vanier with a 10-15 minute drive from downtown Ottawa. This location is part of the "VISION VANIER" revitalization initiative with the City of Ottawa and the Vanier BIA. Montreal Rd is in the final stages of a complete rebuild that has taken place over the last three years. Plenty of gentrification going on while keeping its eye on the past to preserve its history. Many upgrades over the years, including the Roof (2013), Windows (2016), Furnace (2022), and Front Siding (2014). Rents are quite a bit below market value offering the new owner great potential on future revenue. One Bachelor unit is currently vacant. Vacant unit is estimated at $1,350 + hydro for rent. Rents are below market value. U
* Values are estimates only and not a guarantee of lending or affordability.
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