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CAONOttawaClementine2481 Chasseur Ave
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2481 Chasseur Ave, Ottawa, ON

House

For Sale

Listed price in listed location currency (CAD).
$1,290,000

1034

MLS® X13220300

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential
Size -
Garage Detached
Taxes $8,411
Days Active 0
Lot Size 
Approx. Age 
MLS® Number X13220300

Property Address: 2481 Chasseur Ave, Ottawa, ON, K1V8E7

Average square foot calculated using Size range provided by listing agent.

Description

2481 Chasseur Ave. in Heron Park may be one of the best managed and highest grossing 3 unit buildings you will ever see. Fully tenanted on leases until April 30, 2027. No vacancies in 11 years and tenants typically stay 2 to 3 years. It's a legal 3 unit building (occupancy permit 2016 on file) and is fire retrofit 2025 (certificate on file) ESA Certificate 2016, so no insurance or mortgage issues. Current zoning is R3 converting to N3 under new zoning regulations. The huge lot is 7, 470 sq. ft. and may allow for an additional 7 units to be constructed on the lot. The large detached 2 car garage with a concrete floor has electricity. This could potentially be a coach house. Buyer to perform their due diligence to confirm these possibilities. Garage not rented so this could be an easy and immediate revenue source.Apt. #1 main floor, 4 beds $3, 500/mo. Apt. #2 top floor, 2 beds, $2, 150/mo. Apt #3 lower level, 4 beds $3, 200/mo.4 hydro meters, 1 per apt. and a 4th for garage and outdoor lights.Tenants pay hydro & Internet. Gas furnace Jan. 2026, 2 owned HWT, AC 2023 AC and Heat controlled by landlord through Ecobee app which has 4 sensors in the building. This is a turnkey operation with tenants locked on leases and the units are fully furnished. Tenants provide only their bed linen, towels, dishes, pots and pans.Gross income $106, 200. Operating expenses in 2025 are $16, 041. (taxes $8, 411, hydro $1, 179, gas $1, 452, water $1, 999, insurance $3, 000 is an estimate. This gives you an operating expense ratio of 15% and a cap rate of 7% based upon full list price. Your agent can send you the full fact sheet attached to the MLS listing which includes a huge list of updates. Leases, expenses and other documents to be made available upon an accepted offer. This property is in great condition, well maintained by meticulous owners and has upside development potential. You won't be disappointed. Showings Tue. Wed. Thur. & Sat. 11 am to 3:00 pm.
MLS® NumberX13220300
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageDetached
Approx. Age
BasementFull, Finished
DrivewayGarage Type:Detached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 1, 2026List Date
$1,290,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
2481 Chasseur Ave, Ottawa, ON

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