Vanier · K1L 7S1
$679,000
$970 / sq ft1 months on market
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LIVE UPSTAIRS, COLLECT RENT DOWNSTAIRS! Ideally located just minutes from Downtown Ottawa, this versatile bungalow is perfectly positioned as government employees continue returning to the office, driving strong demand for centrally located housing. Featuring TWO SELF-CONTAINED LIVING SPACES, the WALKOUT LOWER-LEVEL UNIT is currently occupied by reliable tenants providing immediate rental income while you enjoy the upper level-or maximize your investment by renting both units.Enjoy exceptional convenience with transit just steps away, quick access to Highway 417, and walking distance to grocery stores, restaurants, parks, schools, and everyday amenities. A location that continues to appeal to both homeowners and tenants alike.Thoughtfully maintained, the home features a 2016 NTI HIGH-EFFICIENCY GAS BOILER serving the hydronic heating system with RADIANT HEATED BASEMENT FLOORS, plus TWO INDEPENDENT HEAT PUMP/AIR CONDITIONING SYSTEMS for efficient zoned heating and cooling. A separate 2011 HOT WATER TANK allows the heating and domestic hot water systems to operate independently.Major updates include PAINT, FLOORING & BATHROOM (2017), NTI HIGH-EFFICIENCY GAS BOILER (2016), HOT WATER TANK (2011), and WINDOWS, FOUNDATION WATERPROOFING, WEEPING TILE & COMPLETE BASEMENT RENOVATION (2008). Generous parking and N5C ZONING add even more value, offering future redevelopment potential while enjoying immediate rental income and flexible living options.THE PERFECT BLEND OF OWNER-OCCUPANCY, IMMEDIATE CASH FLOW, AND FUTURE REDEVELOPMENT POTENTIAL.
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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 in line with comparable listings — about 58% of comparable detached listings in Vanier are asking less.
Based on 12 comparable active detached 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 $679,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of KELLER WILLIAMS ICON 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 POWER MARKETING REAL ESTATE INC.
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