269 Michel Circle
3402 - Vanier, Vanier And Kingsview Park, K1L 7P4
FOR SALE
$875,000
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3 + 3
BEDROOMS 3
BATHROOMS 1 + 1
KITCHENS 7 + 6
ROOMS X13566818
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Property Description
Welcome to this fully renovated bungalow with legal SDU (secondary dwelling unit) in the heart of Vanier North, steps away from Beechwood, offering a turnkey investment opportunity or future owner-occupancy potential. Renovated top to bottom in 2025, this property features two thoughtfully updated units with modern finishes and functional layouts throughout. The large upper unit offers three bedrooms and one full bathroom in a bright, inviting space, while the lower unit provides three bedrooms and two bathrooms, one of which is an ensuite, creating strong appeal for a variety of tenant profiles. Both units feature fresh, contemporary interiors and are well suited for stable rental income; Upper unit currently leased at $2,650, Lower unit currently leased at $2,400. The property includes three parking spaces, with tandem parking for the upper unit and a dedicated space for the lower, along with shared access to the backyard. Ideally located just steps from transit, schools, parks, and the Rideau River pathways, and within easy reach of Beechwood Avenue, downtown Ottawa, and the University of Ottawa, this property is surrounded by grocery stores, restaurants, and everyday amenities, making it a fantastic opportunity in one of Ottawa's most up-and-coming urban communities. Tenants pay Hydro, Landlord pays Gas and Water. 24 hour irrevocable on all offers.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2024-11-23 | 2024-12-03 | 10 | $684,900 | $630,000 |
Property Features
None
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Property Details
Address
269 Michel Circle
Community
Postal Code
K1L 7P4
Property Type
Duplex, Duplex
Lot Size
52' x 100'
Taxes
$5,038 (2026
Basement
Finished, Full
Heat Type
Heat Pump
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Re/Max Hallmark Realty Group
Absolutely fantastic duplex renovated from top to bottom with Flair and quality workmanship. On a quiet street in the heart of Beechwood Village in urban Ottawa and just steps to the main shopping street with everything you need including multiple dining and coffee options, excellent transit options as well as great connections to the NCC cycling network along the Rideau river and the Outaouais. A great owner live-in set up: live in style and comfort and benefit from some revenue to offset expenses. Maybe you have an extended family and someone who might need a more accessible, one floor living situation. Either occupy the main floor, two bedroom unit with its covered front porch and access to the gorgeous backyard or live upstairs in the 2 storey, two bedroom plus den flat with separate entrance and balconies both front and back. Both units have stacked laundry closets ( owner only has a wahser but electrical is there for dryer). The basement is a separate space with access from the rear yard and provides good storage but is too low to finish. The private drive easily fits two cars in tandem. Full of natural light and well thought out, flexible spaces for whatever your lifestyle needs. Central Gas furnace provides heat and air conditioning to both units. The third floor has a "booster" AC unit for extra comfort. Potential to create a third floor deck . Recent building inspection on file, available prior to offers. Day before notice required, Tenants main floor unit to be viewed on second showing.
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Situated on an oversized 66' x 88.5' double lot in the heart of Vanier, this rare purpose-built side-by-side duplex offers a unique combination of existing rental income and exceptional future development potential. Zoned R4UA, the property is uniquely configured with the entire duplex situated on one half of the lot, leaving the other half as largely vacant land - an increasingly rare opportunity in Ottawa's urban core. This highly flexible layout creates exciting possibilities for future intensification, redevelopment, expansion, or potential severance opportunities (buyer to verify with the City of Ottawa).The duplex consists of two 2-bedroom, 1-bathroom units, each with separate entrances and independently metered electrical service, separate hot water tanks, and separate washers and dryers. Current rents are well below market value, offering attractive future income upside, while the month-to-month tenancy structure provides flexibility. Whether you are seeking a strategic land holding opportunity, an income-producing property with substantial redevelopment possibilities, or a prime urban infill site with holding income already in place, 228 Carillon Street offers a rare range of options in one of Ottawa's rapidly evolving neighbourhoods. Ideally located close to downtown Ottawa, Beechwood Village, transit, parks, schools, shopping, and everyday amenities, this is a compelling opportunity for buyers looking to capitalize on the continued growth and intensification of the area.
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Welcome to 193 Gladu Street, a charming duplex in Ottawa. This unique property functions as a single-family home with a self-contained one-bedroom, one-bathroom unit at the rear - perfect for extended family, guests, or rental income. The main residence is warm and welcoming, with a wide-open and bright main floor that flows beautifully from living to dining to kitchen. Anchored by a modern island, the kitchen offers plenty of workspace, storage, and natural light - ideal for both everyday living and entertaining. Upstairs, the second-floor bedroom features a cheater ensuite access to a fully renovated bathroom with a sleek glass stand-up shower. The top level includes two more spacious bedrooms and a second full bathroom, also fully updated with contemporary finishes. The rear unit has its own private entrance and offers a well-designed one-bedroom layout with a full bathroom and open living space - an excellent option for added flexibility or passive income. A detached garage adds extra convenience, and the location is hard to beat - close to parks, transit, shopping, and downtown Ottawa. Whether you're looking for a multi-generational home, an investment opportunity, or a home with income potential, 193 Gladu Street delivers on all fronts. Front unit Gross monthly income: $2,550. Rear unit Gross monthly income: $1,575. Gross annual income: $49,500. OpEx: $8,938.66
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