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329 RICHELIEU AVENUE

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329 RICHELIEU AVENUE, 3404 - Vanier, Ottawa

Price
$1,624,900
Bedrooms
0
Bathrooms
0
Size
3,620 sq ft
Type
Multi-family
Year built

Listing courtesy of ROYAL LEPAGE EDMONDS & ASSOCIATES

About this home

Discover this well-maintained 7-unit multifamily building just minutes from the heart of Ottawa, offering steady cash flow and upside potential. This turnkey investment combines solid tenants, attractive unit mix, and a desirable neighborhood with high demand for rental housing. The prime location is walkable to transit, schools, parks, shopping, dining, and cultural amenities, and is within close proximity to the University of Ottawa. Unit mix is comprised of four 2-bedrooms, two 1-bedrooms and one bachelor. All units are in excellent condition, with two of the units completely renovated in spring 2024, and two others upgraded in the past few years. Onsite laundry is available for tenant convenience and an additional source of income. The property also features an outdoor patio are for tenant enjoyment. Major upgrades include a high-efficiency gas hot water boiler furnace (2018) and main sewer line replacement (2021) from the basement to the city connection. (id:66700)

Location

3404 - Vanier, Ottawa

Estimate your payment

A rough monthly cost for this home — adjust the numbers to fit your situation.

$
$324,980 · 20%
%
yr

Estimated monthly payment

$7,553

or $3,777 bi-weekly

Mortgage amount
$1,299,920
Total interest
$965,980

Estimate only. Canadian rates compound semi-annually; figures exclude property tax, condo fees, and insurance. Confirm with your lender or mortgage broker.

Listing courtesy of ROYAL LEPAGE EDMONDS & ASSOCIATES

Listing data last updated July 21, 2026.

Information is deemed reliable but not guaranteed and should be independently verified. Listing data is provided for personal, non-commercial use only and may not be redistributed, scraped, or used for any other purpose. Listing data is provided by the Canadian Real Estate Association’s DDF® (REALTOR.ca Data Distribution Facility). The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies the REALTOR.ca Data Distribution Facility (DDF®).