Commercial Sale in Vanier and Kingsview Park

CA$1,699,900

369 Lafontaine, K1L 6X9, Vanier and Kingsview Park, ON

UNDER OFFER

Commercial Sale for sale in Vanier and Kingsview Park, 369 Lafontaine, K1L 6X9

369 Lafontaine, K1L 6X9, Vanier and Kingsview Park, ON

CA$1,699,900

Type: Commercial Sale

Description

369 Lafontaine Avenue is a purpose-built sixplex ideally located just minutes to downtown Ottawa, shopping, transit, restaurants, and everyday amenities. The property features six spacious two-bedroom units with modern kitchens, quartz counter tops, stainless steel appliances, updated bathrooms, in-suite laundry, and energy-efficient heat pumps with A/C. Gas and water are included, while tenants pay their own hydro. The convenience of in-suite laundry and efficient heating and cooling systems continues to attract strong tenant demand over competing rental properties. Extensive professionally completed renovations and capital improvements were completed in 2021, including updated suites, common areas, windows, doors, attic insulation, partial foundation waterproofing, parking lot resurfacing, and security improvements. The property is equipped with security cameras above each unit entrance and throughout the rear parking area. A strong management team is already in place, keeping the building running efficiently while consistently achieving market rents. Recent leasing activity and reduced waste management costs have increased the NOI from $91, 130 to approximately $93, 481, with further upside if self-managed. This fully renovated sixplex now offers improved income, strong tenant demand, and an attractive turnkey investment opportunity. Contact today for more information or to book your private showing.

Location

369 Lafontaine, K1L 6X9, Vanier and Kingsview Park, ON

Data

Object TypeCommercial Sale
Purchase PriceCA$1,699,900
Living Space0 m²
Plot SizeN/A
BathroomsN/A
Construction YearN/A
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeBaseboard
Primary Energy SourceN/A
Construction YearN/A
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent

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Real Estate Agent