261-263 MICHEL CIRCLE, Ottawa, Ontario K1L 7P4

261-263 MICHEL CIRCLE, Ottawa, Ontario K1L 7P4

$1,525,000.00

  • 10 bedrooms
  • 4 bathrooms

Welcome to 263 Michel Circle and 73 Lavergne Street, two turnkey duplexes located steps from Beechwood, one of Ottawa's fastest-growing neighbourhoods. These two properties are side by side with 100 ft of frontage on Lavergne and 100 ft of frontage on Michel. The zoning is R2 which allows for good development potential. These well-maintained, income-generating properties are ideal for investors looking to expand their portfolios in a high-demand area. At 73 Lavergne Street, the upper unit features three spacious bedrooms and a 3-piece bath, while the lower unit offers two bedrooms and a 3-piece bath, with its own separate entrance for added tenant ... read more

Welcome to 263 Michel Circle and 73 Lavergne Street, two turnkey duplexes located steps from Beechwood, one of Ottawa's fastest-growing neighbourhoods. These two properties are side by side with 100 ft of frontage on Lavergne and 100 ft of frontage on Michel. The zoning is R2 which allows for good development potential. These well-maintained, income-generating properties are ideal for investors looking to expand their portfolios in a high-demand area. At 73 Lavergne Street, the upper unit features three spacious bedrooms and a 3-piece bath, while the lower unit offers two bedrooms and a 3-piece bath, with its own separate entrance for added tenant privacy. At 263 Michel Circle, the upper unit features three bedrooms and a 3-piece bath, while the lower unit offers 2 bedrooms and a 3-piece bath, providing comfortable living spaces. Both properties are tenanted, with established tenants already in place, ensuring immediate rental income. Both properties are located just minutes from downtown Ottawa, in the vibrant and evolving Vanier neighbourhood, which offers strong tenant demand and access to public transit, parks, schools, shopping, and top-rated restaurants. With ongoing redevelopment and appreciation in the area, this is a rare opportunity to own two duplexes in a high-growth market. Don't miss out on this exceptional investment opportunity. Contact us today, and see the attached financials for more details on these properties. (id:25417)

  • Listing ID: X12005577
  • Property Type: Single Family
Property
Lot Size: 2 Lots
Parking: Garage
13 Spaces
Building
Type: Single Family Fourplex
HVAC: Fireplace and Other
Natural Gas
Exterior: Brick and Vinyl Siding
Basement: N/A (Finished)
Utilities: Sanitary Sewer
Location
City: Ottawa
Province: Ontario

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261-263 MICHEL CIRCLE, Ottawa, Ontario K1L 7P4
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This property, located on Michel Circle in Ottawa Ontario, was published on March 6th, 2025. See if this home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in Ottawa convenient.