256 Hannah Street Ottawa, Ontario K1L 7N2
$725,000
Fantastic Investment opportunity with a STRONG CAP RATE! Legal triplex on a large 50x100 ft lot with R4UA-c zoning. Strong rental income with Gross Operating Income of $65,520/year. Unit 1: 2 bed/2 bath rented at $1,695/month (all inclusive). Unit 2: 2 bed/2 bath rented at $2,330/month (all inclusive). Unit 3: bachelor/2bath rented at $1395/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 250, and 258 Hannah also available, combine for total lot size of 180x100 ft -- (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood. (id:19720)
Property Details
| MLS® Number | X12314288 |
| Property Type | Multi-family |
| Community Name | 3402 - Vanier |
| Parking Space Total | 6 |
Building
| Bathroom Total | 6 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stucco |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 100 Ft |
| Size Total Text | 50 X 100 Ft |
| Zoning Description | R4ua-c |
https://www.realtor.ca/real-estate/28668416/256-hannah-street-ottawa-3402-vanier
Contact Us
Contact us for more information
Charles Khouri
Salesperson
www.charleskhouri.com/
www.facebook.com/charleskhouriottawarealestateagent
www.twitter.com/Charleskhouri1
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1723 Carling Avenue, Suite 1
Ottawa, Ontario K2A 1C8
(613) 725-1171
(613) 725-3323
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July 31 2025 04:54:22
Ottawa Real Estate Board
Royal LePage Team Realty