250 Hannah Street Ottawa, Ontario K1L 7N2
$699,000
Fantastic Investment opportunity with 5.5% CAP RATE! Legal triplex on a large 50x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $53,880/year. Unit 1: 1 bed/1 bath rented at $1,300/month (all inclusive). Unit 2: 2 bed/1 bath rented at $1,795/month (all inclusive). Unit 3: 1 bed/1bath rented at $1395/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 256, and 258 Hannah also available, combine for total lot size of 180x100 ft -- (18000 Sq.Ft. ). Great upside in an evolving neighbourhood. (id:37072)
Property Details
| MLS® Number | X12314287 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
| Community Name | 3402 - Vanier |
| ParkingSpaceTotal | 8 |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 4 |
| BedroomsTotal | 4 |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| CoolingType | Window Air Conditioner |
| ExteriorFinish | Stucco |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 100 Ft |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 100 Ft |
| SizeTotalText | 50 X 100 Ft |
| ZoningDescription | R4ua-c |
https://www.realtor.ca/real-estate/28668415/250-hannah-street-ottawa-3402-vanier
Interested?
Contact us for more information
Charles Khouri
Salesperson
1723 Carling Avenue, Suite 1
Ottawa, Ontario K2A 1C8
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July 30 2025 04:53:39
Ottawa Real Estate Board
Royal LePage Team Realty