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:25961)
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Rooms
| Level | Type | Dimensions |
|---|---|---|
| Living room | Main level | 5.48 m x 3.96 m |
| Kitchen | Main level | 4.26 m x 3.96 m |
| Primary Bedroom | Main level | 3.96 m x 3.65 m |
| Bedroom 2 | Main level | 3.35 m x 2.74 m |
| Bedroom 3 | Main level | 4.87 m x 2.13 m |
Details
- Architectural Style: Bungalow
- Equipment: Water Heater
- Parking Spaces: 5
- Rental Equipment: Water Heater
- Transaction: For sale
Building
- Appliances: Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator
- Architectural Style: Bungalow
- BasementType: N/A (Finished)
- Basement Development: Finished
- Basement Features: Walk out
- Bedrooms Main Level: 3
- Bedrooms Lower Level: 2
- Cooling: None
- Exterior Finish: Brick
- Fireplace Present: True
- Foundation: Concrete
- Bathrooms (Total): 1
- Heating: Baseboard heaters
- Heating Fuel: Electric
- Size Interior: 1100 - 1500 sqft
- Stories Total: 1
- Type: Triplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 40 ft
- Size Irregular: 40 x 100 FT
Listing provided by COLDWELL BANKER SARAZEN REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 316 LAFONTAINE AVENUE in Ottawa Ontario. It was last modified on March 19th, 2026. Contact Biju George to schedule a viewing or to discover other Ottawa real estate for sale.