$888,000
253 FRECHETTE STREET
Beds
5
Baths
3
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
NEW LISTING! Investors, developers, and condo lifestyle seekers-take note of this rare opportunity in the heart of sought-after Beechwood Village! This large two-story building with an oversized attached garage offers strong income potential and is a solid future investment! This property currently features two upgraded 2-bedroom units with generous living space and one renovated bachelor with its own private deck. There is shared laundry for tenant convenience. The garage is a standout-much larger than it appears, fitting up to 4 cars in tandem with over 10 ft ceilings, steel beam construction, and abundant storage, offering endless possibilities. A side entrance leads to a well-designed stairwell separating the two rear units, each with its own hydro meter and private entry, while the front bachelor is accessed from the main hallway; the garage remains independently accessed and shares hydro with the bachelor. Set on a larger-than-average lot with a generous side yard and detached shed, this property is ideally located within walking distance to top-rated schools, shops, restaurants, bike paths, and parks, and is surrounded by active infill and development this rapidly gentrifying area is a prime opportunity for investors seeking a high-performing assets with long-term growth potential. 24 hours notice required for all showings, with 1 tenant-occupied unit and one owner-occupied unit. Please note 24-hour irrevocable on all offers, as per form 244. (id:65958)
- Subtype
- Multi-family
- Structure
- Duplex
- Community
- 3402 - Vanier
- Lot dimensions
- 51.9 x 96.6 FT
- Bedrooms
- 5 above grade
- Parking
- 5 total
- Stories
- 2
- On market
- Mar 27, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $6,800
- Photos
- 22
- MLS#
- X12927486
- Area
- OTTAWA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Cash on cash
-6.55%
Cap rate
3.55%
GRM
16.6
Break-even rent
$5,470
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.