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261-263 Michel Circle

10 Beds
4 Bath
2500-3000 sqft

$1,525,000

Est. Payment
$5,824/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by ENGEL & VOLKERS OTTAWA
FourplexMLS #X12005577Terminated

Client Remarks

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.

About This Property

261-263 Michel Circle, Vanier And Kingsview Park, K1L 7P4

Property Type
Fourplex
Lot Size
N/A
Style
2-Storey
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
N/A
Basement
Apartment, Finished with Walk-Out
Building Size
N/A
Status
In-Active
Property Type
Fourplex
Maintenance Fee
N/A
Year Built
N/A
satellite view
Walk around the neighborhood
261-263 Michel Circle, Vanier And Kingsview Park, K1L 7P4
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 261-263 Michel Circle

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