New
51
New
26
$899,000
134 Jolliet Avenue, Vanier and Kingsview Park, ON K1L 5J7
Vanier
6 bd
3 ba
1,500 sf
3
5 days on marketMLS® X13758962
Listing courtesy of RE/MAX ABSOLUTE WALKER REALTY
Vanier · K1L 8A2
$1,050,000
$700 / sq ft4 months on market
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Rare turnkey triplex in the heart of Ottawa's rapidly appreciating Vanier/Beechwood Village corridor. This meticulously maintained income property offers three fully tenanted units sharing a consistent layout across all floors, zero vacancy history, and exceptional long-term upside in one of the city's most sought-after emerging neighbourhoods, steps from vibrant Beechwood Avenue, Rockcliffe Park, and the Ottawa River pathways. With over $293,000 in confirmed capital investment since 2010, this is a property where the heavy lifting has already been done. Major improvements include a brand new high-efficiency boiler (2025), 90% of main cast iron pipes replaced with PVC (2026), full foundation waterproofing with sump pump and French drain system, roof in excellent condition (inspected and reflashed 2023), complete building refacing with Permacon and CanExcel cladding, new concrete front stairs, a fully redone interlock backyard and parking area, and a shed with individual storage lockers, dedicated electrical panel and new roofing. A lifetime pest control contract and updated appliances in all three units round out a truly turnkey asset. All units are occupied by excellent long-term tenants with zero tribunal history. Current gross annual income of $57,140 with significant upside as all three units are below market rent, with stabilized market rents projecting to $72,300 annually. The property is zoned N4B[1322] H(11), permitting low-rise multi-unit development up to three storeys, offering compelling future redevelopment optionality in a neighbourhood where land values are rising. A patient investor acquires strong cash flow today and meaningful appreciation potential tomorrow.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 82% of comparable multiplex listings in Vanier are asking less.
Based on 34 comparable active multiplex listings in Vanier. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $1,050,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of COLDWELL BANKER FIRST OTTAWA REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of ROYAL LEPAGE TEAM REALTY
$899,000
Vanier
Listing courtesy of RE/MAX ABSOLUTE WALKER REALTY
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Listing courtesy of RE/MAX HALLMARK REALTY GROUP
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Listing courtesy of ROYAL LEPAGE TEAM REALTY
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Listing courtesy of REAL BROKER ONTARIO LTD.
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Listing courtesy of ENGEL & VOLKERS OTTAWA
