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269 Michel Circle
homes for sale · Ottawa · Vanier
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$875,000

269 Michel Circle

Vanier, Ottawa · MLS® X13566818

633

House · Multi-family · 101 days on market

listed by Tristan Pelletier, RE/MAX HALLMARK REALTY GROUP

realtor's 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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property details

type
House, Multi-family
bedrooms
6
bathrooms
3
parking
3
property tax
$5,038 / yr
days on market
101
MLS®
X13566818

features

  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer
  • Microwave

monthly cost

$4,232/mo
Mortgage $3,812 · Tax $420

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$3,812/ monthly
loan $700,000
25-year amortization
total interest
$443,687
cash to close
$175,000
down payment; transfer tax and fees not included
total paid
$1,143,687

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Tristan Pelletier
RE/MAX HALLMARK REALTY GROUP
call Tristan · 613-909-4565
Powered by: REALTOR.ca

location

Vanier, OttawaGoogle Maps ↗

location

Vanier, OttawaGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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