For Sale: 303 Lacasse Avenue, Ottawa, ON - REW
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$549,900
6 bd • 3 ba • 1100 - 1499 sf • Multifamily
303 Lacasse Avenue
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$549,900
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303 Lacasse AvenueOttawa, ON, K1L 7A5

Vanier South
  • 6 Bed
  • 3 Bath
  • 1100 - 1499 Sqft
  • Multifamily

About this home

Click brochure link for more details. DEVELOPMENT & VALUE-ADD OPPORTUNITY on a VACANT 40' x 100' LOT in VANIER SOUTH. Priced for an immediate, hassle-free sale. This purpose-built triplex structure is owner-occupied and will be delivered with guaranteed 100% vacant possession on closing within 2-4 weeks. No tenant relocation or LTB delays allowing you to completely bypass Landlord and Tenant Board delays, tenant relocation costs, or legacy rent controls. PROPERTY HIGHLIGHTS: Features a large triple detached storage shed with a durable metal roof and a fully enclosed yard anchored by a premium 7-foot pressure treated privacy fence. Situated on a highly desirable, quiet stretch of Lacasse Ave populated by long-term owners and tenants and a short 2 minute walk to major bus routes on Montreal Rd. Each of the 3 -- 2 bedroom units has separate electric meters, private laundry hookup & private entrances. The hot water tanks are owned. There are no lease agreements for utilities. DEVELOPMENT POTENTIAL: Capitalize immediately on Ottawa's New Zoning By-law 2026-50 framework. Located in a high-density N-zone transition pocket featuring zero municipal parking minimums, allowing you to maximize the rear footprint for an optimal low-rise 4 to 8-unit multiplex conversion or full clean-slate build. If you'd prefer to renovate the existing triplex, gross rental potential for three 2-bedroom units ranges from $1,800-$2,000/month per unit ($64,800-$72,000 annually) post-renovations. New zoning rules for this district are focused on high density housing & have eliminated the requirement for surface parking. FAST CLOSING TERMS within 30 days/flexible of acceptance. (id:63626)
Listed by: MICHELLE ANTONIA PLACH, Salesperson, HONESTDOOR INC.

Home facts and features

Price details
List Price
$549,900
Get Pre-Approved
Gross Taxes for 2025
$4,368
Home facts
Bedrooms
6
Full Bathrooms
3
Parking Spaces
2
Parking Details
No Garage
Property Type
Multifamily
Lot Size
40 ft x 100 ft (4000 ft²)
Depth
100 feet
Frontage
40.0 feet
Exterior Finish
Vinyl siding
Heating Type
Baseboard heaters, Electric, Wood, Other
Cooling
Window air conditioner
Basement Details
Finished, Full
Appliances
Water Heater
Community
Agent details
Primary Agent
Primary Broker
HONESTDOOR INC.
Listing details
Days on REW
3 Days
MLS® Number
X14034068
Source
Canadian Real Estate Association
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Property Insights

Assumption Catholic Elementary School
  • Catholic
  • JK - 6
É Élém C Horizon-Jeunesse
  • Catholic
  • JK - 6
Robert E. Wilson Public School
  • Public
  • JK - 6
Répit-Transit
  • Public
  • JK - 12
ÉEP Le Trillium
  • Public
  • JK - 6
Queen Elizabeth Public School
  • Public
  • JK - 8
Queen Elizabeth Public School
  • Public
  • JK - 8
Rideau High School
  • Public
  • 9 - 12
St Michael School
  • Catholic
  • K - 6
ÉEP Trille des Bois
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
MICHELLE ANTONIA PLACH
Phone:
(647) 794-0064
Office:
780-860-8400
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