A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 261-263 Michel Circ, Ottawa Ontario K1L 7P4
25 days on Market

261-263 Michel Circ, Ottawa, Ontario K1L 7P4

Townhouse
10
4
- sqft
$1,525,000
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Townhouse
10
4
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$6,549/mo

Tax Amount (2024)$11,783/yr

Days On Market25 days


Description

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.


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces13
MLS ®NumberX12005577
Community NameVanier North
Data SourceTRREB
Listing byENGEL & VOLKERS OTTAWA

Features

Heating: Other
Fireplace
Basement: Apartment, Fin W/O

Parking

Garage spaces 1

Garage type Other

Other parking spaces 12

Total parking spaces 13


Property History

Mar 6, 2025
ListedActive
$1,525,000
25 days on market
history photo preview13
Listing by trreb®
Property listed by ENGEL & VOLKERS OTTAWA, Brokerage

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Schools and amenities

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