Welcome to 267 Lalemant - an excellent investment opportunity in a sought-after location. This 4-plex offers strong income potential with 3 of 4 units currently vacant, providing the ability to set rents at current market rates. The property features a practical and desirable unit mix: Unit #1 (main floor - vacant): 3 bedrooms/1 bathroom; Unit #4 (basement - vacant): 2 bedrooms/1 bathroom; Unit #2 (2nd floor - vacant): 1 bedroom/1 bathroom; and Unit #3 (2nd floor - tenanted): 1 bedroom/1 bathroom, currently rented at $1,270/month. Each unit offers functional layouts and strong rental appeal, making this an attractive option for both experienced investors, and those looking to expand their portfolio. Located in a high-demand area close to schools, parks, transit, restaurants, shopping, Montfort Hospital, and quick access to Highway 417. The neighbourhood continues to see strong rental demand and long-term growth. With the opportunity to lease 3 vacant units immediately at updated market rents, this property offers both short-term upside and long-term value stability. A great opportunity to secure a well-located multi-residential property with immediate revenue potential and future appreciation. (id:4069)
Address
267 LALEMANT STREET
List Price
$879,500
Property Type
Multi-family
Type of Dwelling
Fourplex
Transaction Type
Sale
Area
Ontario
Sub-Area
Ottawa
Bedrooms
8
Bathrooms
4
Floor Area
2000 - 2500 Sq. Ft.
Lot Size
33.2 x 94.6 FT Sq. Ft.
MLS® Number
X12532568
Listing Brokerage
ROYAL LEPAGE PERFORMANCE REALTY
Basement Area
N/A
Postal Code
K1L7G1
