$775,000
264 MICHEL CIRCLE
Beds
5
Baths
2
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
Tucked away on a quiet street just minutes from Beechwood Village and a short commute to downtown, this property offers the perfect balance of peaceful living and city convenience. A rare opportunity to own a large, well maintained duplex with great curb appeal and versatile living options. The 1500 sq ft + upper unit features a spacious three bedroom, one bathroom layout with its own laundry and durable laminate flooring throughout. The bright living area is filled with natural light from large floor to ceiling vinyl windows. The large lower level offers a two bedroom suite complete with a full four piece bathroom, bright vinyl windows and separate laundry, ideal for added flexibility or income potential. The property also includes a carport and additional driveway parking for up to three vehicles. New gas boiler and owned hot water tank (both 2025). Upper unit will be vacant as of May 1st 2026. Move into the top unit and lease the bottom, or lease top unit for approximately $2,500 + per month. Fantastic income generating property, owner occupy with income or multi generational home! 24 hour irrevocable on all offers. (id:65958)
- Subtype
- Multi-family
- Architectural style
- Bungalow
- Structure
- Duplex
- Community
- 3402 - Vanier
- Lot dimensions
- 50 x 100 FT
- Bedrooms
- 3 above grade, 2 below grade
- Parking
- 5 total
- Stories
- 1
- Fireplace
- 1
- On market
- Mar 27, 2026
- Status changed
- Apr 27, 2026
- Annual tax
- $5,615.28 (2025)
- Photos
- 49
- MLS#
- X12926886
- Area
- OTTAWA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Cash on cash
-6.69%
Cap rate
3.53%
GRM
16.7
Break-even rent
$4,785
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 27, 2026.