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Off market
  • Price Unknown

    267 Michel Cir, Ottawa, ON K1L 7P4

    5beds
    3baths
    Other
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$2,716 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

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    C$2,716/mo

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    C$2,716/mo

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    What's special

    Beautifully renovated duplex with in-law suite in Vanier North offering an incredible investment opportunity with exceptional rental income of $4,960/month, potential cash flow of over $1,000 per month with the minimum down, and a 6.4% cap rate. The lower units (1 bed, 1 bath each) are newly tenanted for a combined $2,900/month, while the upper 3-bed unit is rented at $2,060/month. Tenants pay their own hydro and heat, keeping operating costs low. Located just a couple of blocks from Beechwood, this property provides easy access to groceries, transit, restaurants, shopping, and more, making it a highly desirable rental location. Extensive renovations include the lower level being completely re-plumbed, LVT flooring throughout, updated bathrooms and kitchens in the lower level, motion-activated common area lighting, new or refurbished appliances, upgraded upstairs electrical panel, new high-efficiency heaters in basement apartments and common area, and fresh paint throughout. This turnkey property offers strong cash flow, low maintenance, and excellent long-term value. Financials are available in the attachments. Schedule your viewing today!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: Engel & Volkers,MLS®#: X12116548MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3

    Property

    Details
    • Parcel number: 042300021

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Other

    Community & HOA

    Location
    • Region: Ottawa

    Financial & listing details

    • Date on market: 5/1/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    5/1/2025Price changeC$749,900-2.6%
    Source: Engel & Volkers #X12057410 Report a problem
    4/3/2025Price changeC$769,900-3.8%
    Source: Engel & Volkers #X12057410 Report a problem
    10/19/2024Listed for saleC$799,900
    Source: OREB #1417171 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Vanier

    Nearby schools

    GreatSchools rating

    No schools nearby

    We couldn't find any schools near this home.