369 Lafontaine Ave - Apartments FOR SALE


Ottawa, ON K1L 6X8- East Central
$1,799,900 CAD
819-307-1774
369 Lafontaine Ave, Ottawa, ON for Sale
$1,799,900 CAD
Apartments - FOR SALE
1/28
null | 4.78% Cap Rate

369 Lafontaine Ave
Ottawa, ON K1L 6X8
East Central


OVERVIEW

369 Lafontaine Avenue offers a fully renovated purpose-built sixplex in one of Ottawas fastest-growing neighbourhoods. Each of the six two-bedroom units features modern kitchens with quartz counters, stainless steel appliances, and in-suite laundry. Bathrooms are stylish and updated, and every unit includes a heat pump with A/C for year-round comfort. Major upgrades include new windows and doors, fresh attic insulation, a sealed foundation with new weeping tile on the north side of the building, and a repaved parking lot. The buildings exterior has been repainted in a clean neutral tone, with common areas improved throughout with new carpets, lighting, paint, secure mailboxes, and enhanced security with Ring cameras. With an NOI of $86,040 and rising rental income, this is a true turnkey opportunity in a neighborhood on the rise just minutes to downtown, transit, shops, and restaurants. Lets book your showing today, properties like this don't last long.

FOR SALE DETAILS

PRICE

$1,799,900 CAD

PRICE/SF

$573 CAD /SF

# OF UNITS

6

PRICE/UNIT

$299,983

CAP RATE

4.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1946

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R4UD

APN/PARCEL ID

061490020140800

ASK ABOUT THIS PROPERTY

Edmundo RoaeXp RealtyMore Info
819-307-1774

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Edmundo RoaeXp RealtyMore Info
819-307-1774

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.