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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 $65,160/year. Unit 1: 2 bed/2 bath rented at $1,735/month (all inclusive). Unit 2: 2 bed/2 bath rented at $2,300/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.
City: Ottawa
Neighborhood: Vanier
Purchase Price | $725000 |
Down Payment | $145000 |
Mortgage Insurance | $0 |
Total Mortgage | $580000 |
Mortgage Payment | $3574 |
Property Taxes | $446 |
Maintenance Fees | $0 |
Monthly Payment | $4020 |
Located at 256 Hannah St , this Ottawa house is available for sale. This property was listed for $725,000 on Wed Aug 13 2025. This house's size is 1100-1500 Sqft. It has 6 bedrooms and 6 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 6 parking spots. 256 Hannah St, Ottawa is situated in the Vanier neighbourhood.
MLS#: X12314288 · $725,000 · 6 bedroom house in Vanier, Ottawa