K1L8A2 Real Estate

Welcome to the vibrant neighborhood of K1L 8A2, nestled in the heart of Ottawa, Ontario! This charming area is a hidden gem that beautifully blends urban convenience with a welcoming community spirit.

K1L 8A2 is part of the larger Vanier district, known for its rich history and diverse culture. Residents enjoy a variety of amenities, from local shops and cafes to parks and recreational facilities, making it an ideal place for families, young professionals, and retirees alike. The neighborhood showcases a delightful mix of architectural styles, with cozy bungalows and modern townhomes, providing a unique character that appeals to a wide range of tastes.

One of the standout features of K1L 8A2 is its proximity to downtown Ottawa. Just a short drive or bike ride away, residents can easily access the capital’s bustling core, filled with cultural attractions, dining options, and entertainment venues. The area is also well-served by public transit, making commuting a breeze.

Nature enthusiasts will appreciate the nearby parks, such as the scenic Richelieu Park, which offers walking trails, picnic areas, and playgrounds, perfect for family outings or relaxing afternoons. Additionally, the community hosts various events throughout the year, fostering a strong sense of belonging among neighbors.

If you’re looking for a place that combines the charm of a close-knit community with the excitement of city living, K1L 8A2 is the perfect destination to call home. Explore the possibilities and discover why this Ottawa neighborhood is a fantastic choice for your next real estate investment!

$1,050,000

6 Beds ⋅ 3 Baths ⋅ X13061458 MLS® #

Rare turnkey triplex in the heart of Ottawa's rapidly appreciating Vanier/Beechwood Village corridor. This meticulously maintained income property offers three fully tenanted units sharing a consistent layout across all floors, zero vacancy history, and exceptional long-term upside in one of the city's most sought-after emerging neighbourhoods, steps from vibrant Beechwood Avenue, Rockcliffe Park, and the Ottawa River pathways. With over $293,000 in confirmed capital investment since 2010, this is a property where the heavy lifting has already been done. Major improvements include a brand new high-efficiency boiler (2025), 90% of main cast iron pipes replaced with PVC (2026), full foundation waterproofing with sump pump and French drain system, roof in excellent condition (inspected and reflashed 2023), complete building refacing with Permacon and CanExcel cladding, new concrete front stairs, a fully redone interlock backyard and parking area, and a shed with individual storage lockers, dedicated electrical panel and new roofing. A lifetime pest control contract and updated appliances in all three units round out a truly turnkey asset. All units are occupied by excellent long-term tenants with zero tribunal history. Current gross annual income of $57,140 with significant upside as all three units are below market rent, with stabilized market rents projecting to $72,300 annually. The property is zoned N4B[1322] H(11), permitting low-rise multi-unit development up to three storeys, offering compelling future redevelopment optionality in a neighbourhood where land values are rising. A patient investor acquires strong cash flow today and meaningful appreciation potential tomorrow. (id:5764)

95 Barrette Street, Ottawa

Listing courtesy of COLDWELL BANKER FIRST OTTAWA REALTY.

K1L8A2 Real Estate

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