Cross Streets: Charlevoix & Laval streets. ** Directions: From Vanier & Beechwood area with Royal Oak, turn east on Beechwood (away from water). At first light, turn right on Charlevoix for two blocks, then left on Laval. Property on Left. 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! (id:27476)
