53 Laval St, Vanier, ON K1L 7Z7

Discover this exceptional legal triplex at 53 Laval St, Ottawa - a prime investment gem in vibrant Vanier, just steps from Beechwood Avenue's trendy shops, eateries, pubs, and groceries! Imagine the ease of owning a fully renovated (2017-2019) property that generates strong, passive income while you enjoy low-maintenance living or scale your portfolio. Each unit features granite counters, stainless steel appliances with dishwashers, in-unit laundry for tenant convenience, separate A/C, heated towel racks, and durable hardwood/tile/laminate flooring - ensuring high occupancy and minimal repairs. Unlock energy savings and eco-friendly appeal with on-demand hot water, solar panels, inverter, battery, and an EV charger, slashing utility costs and attracting modern renters. Strong annual rents of $65,700 deliver a stellar cap rate for reliable returns! Built on a solid 1937 block foundation with asphalt roof, central A/C, gas heat, detached 1-car garage + 4 drive spots (5 total parking), this 33x99 ft lot maximizes value in R4 zoning with municipal services. Three kitchens, three baths, a finished basement, and four hydro meters simplify management. Lower tenant eager to stay for seamless cash flow; upper owner-occupied with $2K+ rent potential. Walk to transit, downtown access - perfect for investors seeking location-driven appreciation and effortless yield in a thriving neighbourhood. Turnkey opportunity awaits! Some photos are digitally enhanced.

Location, location, location! Beautifully updated legal triplex just blocks away from the shops, restaurants, pubs, groceries, etc of Beechwood. All units have been fully updated from 2017-2019 including roof, windows (all but basement), doors (all but furnace room) & have granite in the kitchens, stainless steel appliances with dishwashers, their own in unit laundry facilities, separate a/c units & heated towel racks too! Property is inclusive of on-demand hot water heating, solar panel, inverter & battery, as well as an electric car charger. Current rents are $1511.00 for apt 1 lower level, apt 2 main level $1925/mth, each plus hydro & without parking incl. Anticipated rent for apt 3 (currently owner occupied) is also approx $2k+/month. 4 hydro meters & mailboxes. Tenant in lower level wishes to stay. Owned on demand hot water heater will be paid in full on closing. Hardwood & tile in upper 2 units. Lower level has laminate with tile. Great CAP rate!, Flooring: Tile, Flooring: Hardwood, Flooring: Laminate