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Property at 53 LAVAL STREET image 1
Property at 53 LAVAL STREET image 2
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28

$975,000

53 LAVAL STREET
Ottawa, Ontario, Ontario, K1L7Z7

MLS® Number: X12394799
Listed 17 hours ago
3 3

Property description

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!

Building information

Type

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Appliances

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Basement Development

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Basement Type

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Cooling Type

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Foundation Type

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Heating Fuel

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Heating Type

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Size Interior

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Stories Total

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Utility Water

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Land information

Size Depth

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Size Frontage

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Size Irregular

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Size Total

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Rooms

Main level

Living room

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Bedroom

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Bathroom

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Kitchen

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Lower level

Bathroom

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Den

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Living room

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Kitchen

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Second level

Living room

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Kitchen

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Bathroom

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Bedroom

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Laundry room

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Foyer

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Courtesy of BENNETT PROPERTY SHOP REALTY

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