For Sale: 315 Lajoie Street, Ottawa, ON - REW
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$900,000
6 bd • 3 ba • 1500 - 1999 sf • Multifamily
315 Lajoie Street
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$900,000
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315 Lajoie StreetOttawa, ON, K1L 7H3

Vanier South
  • 6 Bed
  • 3 Bath
  • 1500 - 1999 Sqft
  • Multifamily

About this home

Welcome to 315 Lajoie Street where pride of ownership is apparent the moment you set eyes on this building. Long time owner has decided to move on and sell this incredible building. Lovingly maintained and pampered this triplex in Vanier is now priced to sell. Many many recent improvements including: complete upgrade of the plumbing system in 2023, building completely reclad with stucco in 2021, upgraded electrical in 2021, new roof in 2021, apartment 2 completely renovated in 2017, laneway and parking lot paved in 2016 plus new fencing installed, apartment 1 completely renovated in 2015 with new wiring, apartment 3 completely renovated in 2014, building waterproofed in 2013 at the front and along the driveway, windows and front and back door replaced in 2012, high efficiency boiler and hot water tank installed in 2011 and fire rated doors and closures installed in 2007. Nothing to do for the next number of years except collect rents and maintain the property. Excellent tenant mix and potential. All apartments are two bedroom and on month to month leases. Apt. 1 which is the lower level apartment is rented for $1,975 plus hydro; Apt. 2 which is the main floor is rented for $1,266 plus hydro and Apt. 3 the upper floor is rented for $1,567.08 plus hydro. Currently parking and laundry are provided by the Landlord as part of the rent. 2025 expenses are: Taxes $67,138.69, Insurance $3,663.36, Gas $1,897.24, Enercare $1,200.00, Water and Sewer $2.068.00 and common hydro of $1,206.04 which leaves a net income of about $40,653.31. Much upside available on turnover by increasing rents and charging for parking and laundry. Ideal owner occupier as each apartment is bright, spacious and well laid out. Excellent location with an easy commute to downtown, Ottawa University and everything Ottawa has to offer. Why not make 315 Lajoie Street your next real estate investment. Showings Tues and Fri from 10-noon and 2-4 and Sat from 1-5 only with 24 hours notice. (id:63626)
Listed by: Rocco Disipio, Broker, ROYAL LEPAGE TEAM REALTY

Home facts and features

Price details
List Price
$900,000
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Gross Taxes for 2025
$6,139
Home facts
Bedrooms
6
Full Bathrooms
3
Parking Spaces
3
Parking Details
No Garage
Property Type
Multifamily
Depth
100 feet
Frontage
36.0 feet
Exterior Finish
Stucco
Heating Type
Forced air, Natural gas
Basement Details
Finished,
Features
Flat site, Separate Electricity Meters
Appliances
Dryer, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Primary Broker
ROYAL LEPAGE TEAM REALTY
Listing details
Days on REW
1 Day
MLS® Number
X13721802
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Property Insights

Assumption Catholic Elementary School
  • Catholic
  • JK - 6
É Élém C Horizon-Jeunesse
  • Catholic
  • JK - 6
Répit-Transit
  • Public
  • JK - 12
Robert E. Wilson Public School
  • Public
  • JK - 6
ÉEP Le Trillium
  • Public
  • JK - 6
ÉEP Trille des Bois
  • Public
  • JK - 8
St Michael School
  • Catholic
  • K - 6
Queen Elizabeth Public School
  • Public
  • JK - 8
Queen Elizabeth Public School
  • Public
  • JK - 8
Rideau High School
  • Public
  • 9 - 12
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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Broker
Rocco Disipio
Phone:
(613) 277-4537
Office:
613-729-9090
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