$680,000
316 LAFONTAINE AVENUE
Beds
5
Baths
1
Sqft
—
Year
—
Type
Multi-family
Suite
Suite potential
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
A rare investment opportunity! The main floor of this bungalow has 3 bedrooms and a 4pcs bathroom, while the two basement units generate steady rental income. This location is always in demand, so vacancies are rare and most tenants remain long-term. Recent improvements include refinished and new hardwood floors (2015), updated main floor windows (2013), a new owned hot water tank plus a new rental unit (2016), and the replacement of all remaining roof shingles scheduled for completion in 2016. This property can be purchased purely as an investment, or you can live on the main level while the two basement tenants cover a significant share of your expenses. (id:65958)
- Subtype
- Multi-family
- Architectural style
- Bungalow
- Structure
- Triplex
- Community
- 3404 - Vanier
- Lot dimensions
- 40 x 100 FT
- Bedrooms
- 3 above grade, 2 below grade
- Parking
- 5 total
- Stories
- 1
- Fireplace
- Yes
- On market
- Mar 19, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $5,207.93
- Photos
- 28
- MLS#
- X12899450
- Area
- OTTAWA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Cash on cash
-6.78%
Cap rate
3.51%
GRM
16.7
Break-even rent
$4,208
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.