For Sale: 329 Richelieu Avenue, Ottawa, ON - REW
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$1,624,900
0 bd • ba • 3620 sf • Multifamily
329 Richelieu Avenue
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$1,624,900
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329 Richelieu AvenueOttawa, ON, K1L 6J7

Vanier South
  • 0 Bed
  • Bath
  • 3620 Sqft
  • Multifamily

About this home

Discover this well-maintained 7-unit multifamily building just minutes from the heart of Ottawa, offering steady cash flow and upside potential. This turnkey investment combines solid tenants, attractive unit mix, and a desirable neighborhood with high demand for rental housing. The prime location is walkable to transit, schools, parks, shopping, dining, and cultural amenities, and is within close proximity to the University of Ottawa. Unit mix is comprised of four 2-bedrooms, two 1-bedrooms and one bachelor. All units are in excellent condition, with two of the units completely renovated in spring 2024, and two others upgraded in the past few years. Onsite laundry is available for tenant convenience and an additional source of income. The property also features an outdoor patio are for tenant enjoyment. Major upgrades include a high-efficiency gas hot water boiler furnace (2018) and main sewer line replacement (2021) from the basement to the city connection. (id:63626)
Listed by: Tony Davies, Salesperson, ROYAL LEPAGE EDMONDS & ASSOCIATES

Home facts and features

Price details
List Price
$1,624,900
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Gross Taxes for 2026
$12,813
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
42 ft x 0 ft (3619.99 acres)
Depth
Frontage
42.6 feet
Heating Type
Hot water radiator heat, Natural gas
Appliances
All
Community
Agent details
Primary Agent
Tony Davies
Primary Broker
ROYAL LEPAGE EDMONDS & ASSOCIATES
Secondary Agent
Evan A. Davies
Secondary Broker
ROYAL LEPAGE EDMONDS & ASSOCIATES
Listing details
Days on REW
5 Days
MLS® Number
X13249836
Source
Canadian Real Estate Association
Board
Renfrew County Real Estate Board
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25 Years
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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
Répit-Transit
  • Public
  • JK - 12
Queen Elizabeth Public School
  • Public
  • JK - 8
St Michael School
  • Catholic
  • K - 6
Rideau High School
  • Public
  • 9 - 12
Queen Elizabeth Public School
  • Public
  • JK - 8
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
Tony Davies
Phone:
(613) 717-0154
Office:
613-735-1062
Salesperson
Evan A. Davies
Phone:
(613) 504-2783
Office:
613-735-1062
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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.