255 Frechette Street Ottawa, Ontario K1L 7T3

None Forced Air Partially Landscaped


Spanning a generous 600.42 sq m R4-zoned lot, this well-maintained fourplex stands at the forefront of Vanier North' rapidly gentrifying landscape. Strategically situated just two blocks from Beechwood Avenue, residents enjoy easy access to a vibrant array of restaurants, shops, and amenities. The property boosts an abundance of parking, a rear patio, 4 storage lockers, and a shed. With the annual revenue of $63,972 (see rep remarks for pending increases) and manageable operating costs of $20,427, this investment offers substantial and consistent returns. Diverse unit mix (batchelor-3 bedrooms), reliable tenants and good community spirit. The neighbourhood has witnessed a surge in new constructions. The property lot has substantial development potential, further enhanced by new provincial regulations. It is potentially feasible to add four additional units to the existing fourplex; buyer to verify. Viewings: Wed, Thu, Sat 4-6 pm, 48-hr notice. (id:41455)

Property Details

MLS® Number 1363287
Property Type Multi-family
Neigbourhood Vanier North
Amenities Near By Public Transit, Recreation Nearby, Shopping
Features Balcony
Parking Space Total 10
Structure Patio(s)


Basement Development Finished
Basement Type Full (finished)
Constructed Date 1960
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Stucco
Fireplace Present No
Flooring Type Hardwood, Tile
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Type Fourplex
Utility Water Municipal Water




Acreage No
Current Use Development Residential
Land Amenities Public Transit, Recreation Nearby, Shopping
Landscape Features Partially Landscaped
Sewer Municipal Sewage System
Size Depth 96 Ft ,7 In
Size Frontage 53 Ft ,7 In
Size Irregular 0.15
Size Total 0.15 Ac
Size Total Text 0.15 Ac
Zoning Description R4ua[1133]



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