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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.
Main floor unit: dishwasher, washer, dryer, hood fan, stove, fridge; Basement unit B: Stove, fridge
City: Ottawa
Neighborhood: Vanier
Purchase Price | $680000 |
Down Payment | $136000 |
Mortgage Insurance | $0 |
Total Mortgage | $544000 |
Mortgage Payment | $3352 |
Property Taxes | $434 |
Maintenance Fees | $0 |
Monthly Payment | $3786 |
Located at 316 Lafontaine Ave , this Ottawa house is available for sale. This property was listed for $680,000 on Thu Oct 02 2025. This house's size is 1100-1500 Sqft. It has 3 bedrooms and 1 bathroom. The property includes the following rooms: Living, Kitchen, Primary, 2nd Br, 3rd Br. This property comes with 5 parking spots. 316 Lafontaine Ave, Ottawa is situated in the Vanier neighbourhood.
MLS#: X12440316 · $680,000 · 3 bedroom house in Vanier, Ottawa