$679,900
8197 VICTORIA STREET
Beds
3
Baths
4 full + 2 half
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
Rare offering! Legal semi-detached (side-by-side) property with both units under one ownership, ideally located in the heart of historic and charming Metcalfe. Zoned V1I, VM, this versatile property presents a wide range of opportunities for homeowners, investors, and entrepreneurs alike. Perfect for a large or multi-generational family, this property also offers excellent income potential. Live in one unit and rent the other, or lease both for a strong investment return. The flexible zoning allows for residential, commercial, or mixed-use applications-ideal for those looking to combine living and business in one location. Permitted uses include residential living with secondary units, home-based businesses, bed & breakfast, and more. Commercial possibilities include retail, office space, café or restaurant, personal services, or a mixed-use configuration. Prime location close to local amenities, shops, and the charm that makes Metcalfe one of Eastern Ontario's most desirable communities. A unique property with exceptional flexibility and upside, don't miss this opportunity. (id:65958)
- Subtype
- Multi-family
- Structure
- Duplex
- Community
- 1602 - Metcalfe
- Lot dimensions
- 49 x 176 FT
- Bedrooms
- 3 above grade
- Parking
- 2 total
- Stories
- 2
- Fireplace
- 1
- On market
- Apr 17, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $3,909 (2025)
- Zoning
- V1I, VM
- Photos
- 40
- MLS#
- X13012962
- Area
- OTTAWA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Cash on cash
-6.77%
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.