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269 MICHEL CIRCLE

Ottawa, Ontario, K1L7P4

$875,000
For Sale · Multi-family · MLS® X13566818
6
Bed
3
Bath
3
Parking
Multi-family
Type

About this property

Welcome to this fully renovated bungalow with legal SDU (secondary dwelling unit) in the heart of Vanier North, steps away from Beechwood, offering a turnkey investment opportunity or future owner-occupancy potential. Renovated top to bottom in 2025, this property features two thoughtfully updated units with modern finishes and functional layouts throughout. The large upper unit offers three bedrooms and one full bathroom in a bright, inviting space, while the lower unit provides three bedrooms and two bathrooms, one of which is an ensuite, creating strong appeal for a variety of tenant profiles. Both units feature fresh, contemporary interiors and are well suited for stable rental income; Upper unit currently leased at $2,650, Lower unit currently leased at $2,400. The property includes three parking spaces, with tandem parking for the upper unit and a dedicated space for the lower, along with shared access to the backyard. Ideally located just steps from transit, schools, parks, and the Rideau River pathways, and within easy reach of Beechwood Avenue, downtown Ottawa, and the University of Ottawa, this property is surrounded by grocery stores, restaurants, and everyday amenities, making it a fantastic opportunity in one of Ottawa's most up-and-coming urban communities. Tenants pay Hydro, Landlord pays Gas and Water. 24 hour irrevocable on all offers. (id:66947)

Property details

Property

Property Type
Multi-family
Property Subtype
Multi-family
Style
Bungalow
Bedrooms
6
Bathrooms
3
Lot Dimensions
52 x 100 FT

Interior

Heating
Heat Pump, Radiant heat, Natural gas
Cooling
Wall unit
Basement
Finished, Full
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan

Exterior

Parking
No Garage

Utilities

Water
Municipal water
Sewer
Sanitary sewer

Financial

Property Taxes
5037.54

Location

City
Ottawa
Postal Code
K1L7P4

Location

Mortgage calculator
Estimated monthly
$4,007

Estimated payment only. Not financial advice. Excludes taxes, insurance, condo fees and mortgage default insurance.

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