For Sale: 316 Lafontaine Avenue, Ottawa, ON - REW
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$649,000
5 bd • 1 ba • 1100 - 1499 sf • Multifamily
316 Lafontaine Avenue
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$649,000
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316 Lafontaine AvenueOttawa, ON, K1L 6X2

Vanier South
  • 5 Bed
  • 1 Bath
  • 1100 - 1499 Sqft
  • Multifamily

About this home

A rare investment opportunity! The main floor of this bungalow has 3 bedrooms and a 4pcs bathroom, while the two basement units generate steady rental income. This location is always in demand, so vacancies are rare and most tenants remain long-term. Recent improvements include refinished and new hardwood floors (2015), updated main floor windows (2013), a new owned hot water tank plus a new rental unit (2016), and the replacement of all remaining roof shingles scheduled for completion in 2016. This property can be purchased purely as an investment, or you can live on the main level while the two basement tenants cover a significant share of your expenses. (id:63626)
Listed by: Jun Yu, Salesperson, COLDWELL BANKER SARAZEN REALTY

Home facts and features

Price details
List Price
$649,000
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Gross Taxes for 2026
$5,208
Home facts
Bedrooms
5
Full Bathrooms
1
Parking Spaces
5
Parking Details
No Garage
Property Type
Multifamily
Depth
100 feet
Frontage
40.0 feet
Style
Bungalow
Exterior Finish
Brick
Heating Type
Baseboard heaters, Electric
Basement Details
Finished, Walk out,
Appliances
Dishwasher, Dryer, Hood Fan, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Jun Yu
Primary Broker
COLDWELL BANKER SARAZEN REALTY
Listing details
Days on REW
84 Days
Property Views
30
MLS® Number
X12899450
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Assumption Catholic Elementary School
  • Catholic
  • JK - 6
Robert E. Wilson Public School
  • Public
  • JK - 6
É Élém C Horizon-Jeunesse
  • Catholic
  • JK - 6
Queen Elizabeth Public School
  • Public
  • JK - 8
Répit-Transit
  • Public
  • JK - 12
Queen Elizabeth Public School
  • Public
  • JK - 8
Rideau High School
  • Public
  • 9 - 12
St Michael School
  • Catholic
  • K - 6
ÉEP Le Trillium
  • Public
  • JK - 6
Ottawa Technical Secondary 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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Call Agent
Salesperson
Jun Yu
Phone:
(613) 850-8888
Office:
613-596-4133
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.