53 Laval Street Ottawa, Ontario K1L 7Z7

3 Bedroom 3 Bathroom 1,100 - 1,500 ft2
Central Air Conditioning Forced Air

$975,000

Discover this exceptional legal triplex at 53 Laval St, Ottawa - a prime investment gem in vibrant Vanier, just steps from Beechwood Avenue's trendy shops, eateries, pubs, and groceries! Imagine the ease of owning a fully renovated (2017-2019) property that generates strong, passive income while you enjoy low-maintenance living or scale your portfolio. Each unit features granite counters, stainless steel appliances with dishwashers, in-unit laundry for tenant convenience, separate A/C, heated towel racks, and durable hardwood/tile/laminate flooring - ensuring high occupancy and minimal repairs. Unlock energy savings and eco-friendly appeal with on-demand hot water, solar panels, inverter, battery, and an EV charger, slashing utility costs and attracting modern renters. Strong annual rents of $65,700 deliver a stellar cap rate for reliable returns! Built on a solid 1937 block foundation with asphalt roof, central A/C, gas heat, detached 1-car garage + 4 drive spots (5 total parking), this 33x99 ft lot maximizes value in R4 zoning with municipal services. Three kitchens, three baths, a finished basement, and four hydro meters simplify management. Lower tenant eager to stay for seamless cash flow; upper owner-occupied with $2K+ rent potential. Walk to transit, downtown access - perfect for investors seeking location-driven appreciation and effortless yield in a thriving neighbourhood. Turnkey opportunity awaits! (id:49063)

Property Details

MLS® Number X12394799
Property Type Multi-family
Community Name 3402 - Vanier
Equipment Type Water Heater
Parking Space Total 5
Rental Equipment Type Water Heater

Building

Bathroom Total 3
Bedrooms Above Ground 3
Bedrooms Total 3
Appliances Water Heater, Dishwasher, Dryer, Hood Fan, Microwave, Stove, Washer, Refrigerator
Basement Development Finished
Basement Type Full (finished)
Cooling Type Central Air Conditioning
Foundation Type Insulated Concrete Forms
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,100 - 1,500 Ft2
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Size Depth 99 Ft
Size Frontage 33 Ft
Size Irregular 33 X 99 Ft
Size Total Text 33 X 99 Ft

Rooms

Level Type Dimensions
Second Level Foyer 1.8288 m x 2.0828 m
Second Level Laundry Room 3.7338 m x 2.5146 m
Second Level Bedroom 3.6068 m x 3.937 m
Second Level Bathroom 1.7018 m x 3.175 m
Second Level Kitchen 2.9464 m x 3.1496 m
Second Level Living Room 4.7498 m x 3.9116 m
Lower Level Kitchen 4.572 m x 3.7592 m
Lower Level Living Room 4.572 m x 3.5052 m
Lower Level Den 5.1308 m x 1.7018 m
Lower Level Bathroom 1.4986 m x 3.048 m
Main Level Kitchen 3.5814 m x 3.7084 m
Main Level Bathroom 1.5494 m x 3.6068 m
Main Level Bedroom 3.683 m x 4.445 m
Main Level Living Room 5.2324 m x 3.3528 m

https://www.realtor.ca/real-estate/28843341/53-laval-street-ottawa-3402-vanier

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