$649,900
327 RICHELIEU AVENUE
Beds
2
Baths
2
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
Nestled in the heart of Vanier, this charming and well-maintained duplex offers flexibility, functionality, and long-term value. Whether you're a seasoned investor looking to expand your portfolio, a first-time buyer entering the market, or a family seeking a versatile living arrangement, this property is a must-see. The property features two separate units with individual hydro meters and laundry rooms. The main unit spans the main floor and basement, offering one bedroom on the main level, a full bathroom, and two additional rooms in the basement. The upper unit offers a functional layout with one bedroom, plus a second room currently used as a walk-in, and one full bathroom-ideal for tenants, extended family, or owner-occupancy with supplemental rental income. Appliances in both units are included, making this a turnkey investment or move-in ready residence. The spacious backyard boasts a large patio surrounded by mature trees and lush greenery, offering the perfect shaded retreat for relaxing or entertaining. Situated close to schools, public transit, parks, and amenities, this property combines comfort, convenience, and strong rental potential in one of Ottawa's most promising neighbourhoods. A fantastic opportunity to own a versatile duplex in Vanier with flexible living space and income potential. (id:65958)
- Subtype
- Multi-family
- Structure
- Duplex
- Community
- 3404 - Vanier
- Lot dimensions
- 42.5 x 90 FT
- Bedrooms
- 2 above grade, 0 below grade
- Parking
- 3 total
- Stories
- 2
- On market
- Feb 1, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $3,804 (2025)
- Zoning
- R4B
- Photos
- 41
- MLS#
- X12746712
- Area
- OTTAWA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Cash on cash
-6.81%
Cap rate
3.50%
GRM
16.7
Break-even rent
$4,026
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.