For Sale: 369 Lafontaine Avenue, Ottawa, ON - REW
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$1,799,900
0 bd • ba • 6361 sf • Multifamily
369 Lafontaine Avenue
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$1,799,900
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369 Lafontaine AvenueOttawa, ON, K1L 6X9

Vanier South
  • 0 Bed
  • Bath
  • 6361 Sqft
  • Multifamily

About this home

369 Lafontaine Avenue is a purpose-built sixplex ideally located just minutes to downtown Ottawa, shopping, transit, restaurants, and everyday amenities. The property features six spacious two-bedroom units with modern kitchens, quartz countertops, stainless steel appliances, updated bathrooms, in-suite laundry, and energy-efficient heat pumps with A/C. Gas and water are included, while tenants pay their own hydro. The convenience of in-suite laundry and efficient heating and cooling systems continues to attract strong tenant demand over competing rental properties. Extensive professionally completed renovations and capital improvements were completed in 2021, including updated suites, common areas, windows, doors, attic insulation, partial foundation waterproofing, parking lot resurfacing, and security improvements. The property is equipped with security cameras above each unit entrance and throughout the rear parking area. A strong management team is already in place, keeping the building running efficiently while consistently achieving market rents. With increased rents and a current NOI of $91,130, the property now operates at an attractive 5% cap rate, making this a strong turnkey multi-residential investment opportunity. Contact today for more information or to book your private showing. (id:63626)
Listed by: Edmundo Roa, Salesperson, EXP REALTY OF CANADA INC.

Home facts and features

Price details
List Price
$1,799,900
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Gross Taxes for 2026
$9,096
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
6
Property Type
Multifamily
Depth
145.66 feet
Frontage
41.11 feet
Heating Type
Baseboard heaters, Other
Cooling
Fully air conditioned
Appliances
Dishwasher, Dryer, Hood Fan, Hot Water Instant, Microwave, Washer
Community
Agent details
Primary Agent
Edmundo Roa
Primary Broker
EXP REALTY OF CANADA INC.
Listing details
Days on REW
30 Days
MLS® Number
X13107874
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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25 Years
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3.99%

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Property Insights

Robert E. Wilson Public School
  • Public
  • JK - 6
Assumption Catholic Elementary School
  • Catholic
  • JK - 6
É Élém C Horizon-Jeunesse
  • Catholic
  • JK - 6
St Michael School
  • Catholic
  • K - 6
Répit-Transit
  • Public
  • JK - 12
Ottawa Technical Secondary School
  • Public
  • 9 - 12
Rideau High School
  • Public
  • 9 - 12
Queen Elizabeth Public School
  • Public
  • JK - 8
Queen Elizabeth Public School
  • Public
  • JK - 8
ÉEP Le Trillium
  • Public
  • JK - 6
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
Edmundo Roa
Phone:
(613) 864-5515
Office:
866-530-7737
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