See all 9 photos
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Est. payment /mo
4 Beds
3 Baths
New
303 Lacasse AVE Vanier And Kingsview Park, ON K1L 7A5
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 3404 - Vanier
MLS Listing ID X14034068
Style 2-Storey
Bedrooms 4
Annual Tax Amount $4,368
Tax Year 2025
Property Sub-Type Triplex
Property Description
Click brochure link for more details. DEVELOPMENT & VALUE-ADD OPPORTUNITY on a VACANT 40' x 100' LOT in VANIER SOUTH. Priced for an immediate, hassle-free sale. This purpose-built triplex structure is owner-occupied and will be delivered with guaranteed 100% vacant possession on closing within 2-4 weeks. No tenant relocation or LTB delays allowing you to completely bypass Landlord and Tenant Board delays, tenant relocation costs, or legacy rent controls. PROPERTY HIGHLIGHTS: Features a large triple detached storage shed with a durable metal roof and a fully enclosed yard anchored by a premium 7-foot pressure treated privacy fence. Situated on a highly desirable, quiet stretch of Lacasse Ave populated by long-term owners and tenants and a short 2 minute walk to major bus routes on Montreal Rd. Each of the 3 -- 2 bedroom units has separate electric meters, private laundry hookup & private entrances. The hot water tanks are owned. There are no lease agreements for utilities. DEVELOPMENT POTENTIAL: Capitalize immediately on Ottawa's New Zoning By-law 2026-50 framework. Located in a high-density N-zone transition pocket featuring zero municipal parking minimums, allowing you to maximize the rear footprint for an optimal low-rise 4 to 8-unit multiplex conversion or full clean-slate build. If you'd prefer to renovate the existing triplex, gross rental potential for three 2-bedroom units ranges from $1,800-$2,000/month per unit ($64,800-$72,000 annually) post-renovations. New zoning rules for this district are focused on high density housing & have eliminated the requirement for surface parking. FAST CLOSING TERMS within 30 days/flexible of acceptance.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Finished, Full
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Water Heater Owned
Cooling Window Unit(s)
Fireplaces Type Wood Stove
Inclusions Contact Seller Directly
Exterior
Exterior Feature Deck, Porch
Pool None
Roof Type Flat
Lot Frontage 40.0
Lot Depth 100.0
Total Parking Spaces 2
Building
Foundation Block
Others
Senior Community No
ParcelsYN No
Listed by HONESTDOOR INC.
NEARBY SCHOOL & BUSINESS
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