Listed for:Listed 8 days ago
$549,900

303 Lacasse Avenue

Ottawa (Vanier), ON K1L 7A5

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 303 Lacasse Avenue, Ottawa, Vanier

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 303 Lacasse Avenue, Ottawa, Vanier

Summarized Description

  • Development opportunity on a vacant lot.
  • Triplex structure with guaranteed vacant possession.
  • High-density zoning allows for multiplex conversion.
  • Each unit has separate electric meters and laundry.
  • Short walk to major bus routes.
  • Flexible closing terms within 30 days.
  • Potential rental income up to $72,000 annually.
  • Fully enclosed yard with privacy fence.

Click brochure link for more details. DEVELOPMENT & VALUE-ADD OPPORTUNITY on a VACANT 40' x 100' LOT in VANIER SOUTH. Priced for an immediate, hassle-free sale. This purpose-built triplex structure is owner-occupied and will be delivered with guaranteed 100% vacant possession on closing within 2-4 weeks. No tenant relocation or LTB delays allowing you to completely bypass Landlord and Tenant Board delays, tenant relocation costs, or legacy rent controls. PROPERTY HIGHLIGHTS: Features a large triple detached storage shed with a durable metal roof and a fully enclosed yard anchored by a premium 7-foot pressure treated privacy fence. Situated on a highly desirable, quiet stretch of Lacasse Ave populated by long-term owners and tenants and a short 2 minute walk to major bus routes on Montreal Rd. Each of the 3 -- 2 bedroom units has separate electric meters, private laundry hookup & private entrances. The hot water tanks are owned. There are no lease agreements for utilities. DEVELOPMENT POTENTIAL: Capitalize immediately on Ottawa's New Zoning By-law 2026-50 framework. Located in a high-density N-zone transition pocket featuring zero municipal parking minimums, allowing you to maximize the rear footprint for an optimal low-rise 4 to 8-unit multiplex conversion or full clean-slate build. If you'd prefer to renovate the existing triplex, gross rental potential for three 2-bedroom units ranges from $1,800-$2,000/month per unit ($64,800-$72,000 annually) post-renovations. New zoning rules for this district are focused on high density housing & have eliminated the requirement for surface parking. FAST CLOSING TERMS within 30 days/flexible of acceptance.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,368
Land Transfer Tax Fee
$7,473

Rental Items

Rental Equipment
Contact Seller Directly

Basement Type
Finished, Full

Interior Features

Interior Extras
Water Heater Owned
Fireplace/Stove
Yes
Fireplace Features
Wood Stove
Elevator
No

Exterior Features

Exterior Extras
Deck, Porch
Pool
None
Property Features
Fenced Yard, Public Transit, School
Other Structures
Shed

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Vinyl Siding
Roof
Flat
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
40.00 ft
Lot Depth
100.00 ft

Inclusions

Inclusions
Contact Seller Directly

Exclusions

Exclusions
Contact Seller Directly

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
Window Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
4 + 2
Washrooms
3
Kitchens
3

Washrooms

  • 4-piece
  • 4-piece
  • 4-piece

Municipality
Ottawa
Neighbourhood
Vanier
Main cross streets
Lacasse Ave & Montreal Rd
Directions
https://maps.app.goo.gl/5QLz616VCgMi4HHP6

MLS® number
X14034068
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-14
Updated on
2026-10-14
Days on market
8 days
Possession type
Flexible
Co-op commission
$0.01 see private remarks
Seller
Listed by
HONESTDOOR INC.

Home Market Value

Current home valuation for 303 Lacasse Avenue, Ottawa, Vanier, Ottawa, ON. Listed for $549,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 303 Lacasse Avenue, Ottawa, Vanier

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Ottawa, ON
Minimum Down Payment Required:5.5%

5% on first $500K + 10% on $49,900 over $500K

Minimum down payment

$29,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$20,786$15,342$13,088$0
=Total mortgage
$540,441$510,252$480,503$439,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,639monthly$2,491monthly$2,346monthly$2,148monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$7,473

Total Land Transfer Tax

$7,473

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