Welcome to 315 Lajoie Street where pride of ownership is apparent the moment you set eyes on this building. Long time owner has decided to move on and sell this incredible building. Lovingly maintained and pampered this triplex in Vanier is now priced to sell. Many many recent improvements including: complete upgrade of the plumbing system in 2023, building completely reclad with stucco in 2021, upgraded electrical in 2021, new roof in 2021, apartment 2 completely renovated in 2017, laneway and parking lot paved in 2016 plus new fencing installed, apartment 1 completely renovated in 2015 with new wiring, apartment 3 completely renovated in 2014, building waterproofed in 2013 at the front and along the driveway, windows and front and back door replaced in 2012, high efficiency boiler and hot water tank installed in 2011 and fire rated doors and closures installed in 2007. Nothing to do for the next number of years except collect rents and maintain the property. Excellent tenant mix and potential. All apartments are two bedroom and on month to month leases. Apt. 1 which is the lower level apartment is rented for $1,975 plus hydro; Apt. 2 which is the main floor is rented for $1,266 plus hydro and Apt. 3 the upper floor is rented for $1,567.08 plus hydro. Currently parking and laundry are provided by the Landlord as part of the rent. 2025 expenses are: Taxes $67,138.69, Insurance $3,663.36, Gas $1,897.24, Enercare $1,200.00, Water and Sewer $2.068.00 and common hydro of $1,206.04 which leaves a net income of about $40,653.31. Much upside available on turnover by increasing rents and charging for parking and laundry. Ideal owner occupier as each apartment is bright, spacious and well laid out. Excellent location with an easy commute to downtown, Ottawa University and everything Ottawa has to offer. Why not make 315 Lajoie Street your next real estate investment. Showings Tues and Fri from 10-noon and 2-4 and Sat from 1-5 only with 24 hours notice. (id:25961)
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Rooms
| Level | Type | Dimensions |
|---|---|---|
| Primary Bedroom | Second level | 4 m x 4 m |
| Bedroom 2 | Second level | 3 m x 3 m |
| Living room | Second level | 5 m x 4 m |
| Kitchen | Second level | 4 m x 4 m |
| Living room | Lower level | 5 m x 4 m |
| Kitchen | Lower level | 4 m x 4 m |
| Primary Bedroom | Lower level | 4 m x 3 m |
| Bedroom 2 | Lower level | 3 m x 5 m |
| Living room | Ground level | 5 m x 4 m |
| Kitchen | Ground level | 4 m x 3 m |
| Primary Bedroom | Ground level | 4 m x 4 m |
| Bedroom 2 | Ground level | 3 m x 4 m |
Details
- Equipment: Water Heater
- Features: Flat site
- Parking Spaces: 3
- Rental Equipment: Water Heater
- Transaction: For sale
Building
- Amenities: Separate Electricity Meters
- Appliances: Dryer, Stove, Washer, Refrigerator
- BasementType: N/A (Finished)
- Basement Development: Finished
- Bedrooms Main Level: 6
- Cooling: None
- Exterior Finish: Stucco
- Fireplace Present: False
- Foundation: Concrete
- Bathrooms (Total): 3
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 1500 - 2000 sqft
- Stories Total: 2
- Type: Triplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 36 ft
- Size Irregular: 36 x 100 FT
Listing provided by ROYAL LEPAGE TEAM REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 315 LAJOIE STREET in Ottawa Ontario. It was last modified on August 28th, 2026. Contact the Stuewe Team to schedule a viewing or to discover other Ottawa real estate for sale.