$1,290,000
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2481 Chasseur Avenue, Ottawa, ON K1V8E7

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10 Beds
3 Baths
- Sq Ft

2481 Chasseur Ave. in Heron Park may be one of the best managed and highest grossing 3 unit buildings you will ever see. Fully tenanted on leases until April 30, 2027. No vacancies in 11 years and tenants typically stay 2 to 3 years. It's a legal 3 unit building (occupancy permit 2016 on file) and is fire retrofit 2025 (certificate on file) ESA Certificate 2016, so no insurance or mortgage issues. Current zoning is R3 converting to N3 under new zoning regulations. The huge lot is 7, 470 sq. ft. and may allow for an additional 7 units to be constructed on the lot. The large detached 2 car garage with a concrete floor has electricity. This could potentially be a coach house. Buyer to perform their due diligence to confirm these possibilities. Garage not rented so this could be an easy and immediate revenue source.Apt. #1 main floor, 4 beds $3, 500/mo. Apt. #2 top floor, 2 beds, $2, 150/mo. Apt #3 lower level, 4 beds $3, 200/mo.4 hydro meters, 1 per apt. and a 4th for garage and outdoor lights.Tenants pay hydro & Internet. Gas furnace Jan. 2026, 2 owned HWT, AC 2023 AC and Heat controlled by landlord through Ecobee app which has 4 sensors in the building. This is a turnkey operation with tenants locked on leases and the units are fully furnished. Tenants provide only their bed linen, towels, dishes, pots and pans.Gross income $106, 200. Operating expenses in 2025 are $16, 041. (taxes $8, 411, hydro $1, 179, gas $1, 452, water $1, 999, insurance $3, 000 is an estimate. This gives you an operating expense ratio of 15% and a cap rate of 7% based upon full list price. Your agent can send you the full fact sheet attached to the MLS listing which includes a huge list of updates. Leases, expenses and other documents to be made available upon an accepted offer. This property is in great condition, well maintained by meticulous owners and has upside development potential. You won't be disappointed. Showings Tue. Wed. Thur. & Sat. 11 am to 3:00 pm. (id:58753)

Listing By: Patrick Walchuk - RE/MAX HALLMARK REALTY GROUP cncrea2 Realty.com
  • MLS® X13220300
  • Date Listed06/01/2026
  • Days on Realty 5 Days
  • Bedrooms 10
  • Bathrooms 3 baths
  • Lot Size -
  • Sewer Other
  • Property Type Triplex
  • Water Public

Interior Features

  • Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Freezer, Hood Fan, Furniture, Water Heater
  • Cooling Central air conditioning
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Flat site, Carpet Free

Directions

Cross Streets: Heron Road & Chasseur Ave. ** Directions: Going east on Heron Rd, right on Chasseur Ave.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1V8E7

Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.

Walkability in ON / K1V8E7

Source: Walk Score

91/100

Walker's Paradise

Walk Score ®

68/100

Good Transit

Transit Score ®

78/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

32 nearby routes: 32 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 63/100, Transit Score: 57/100, Bike Score: 76/100.

Points of Interest near 2481 CHASSEUR AVENUE, Ottawa, ON K1V8E7

Frequently Asked Questions for 2481 CHASSEUR AVENUE

Source: Realty.com

2481 CHASSEUR AVENUE, Ottawa, ON K1V8E7 in Ottawa, ON K1V8E7 is a triplex listed at $1,290,000. Highlights include 10 bedrooms, 3 bathrooms. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 50 photos of 2481 CHASSEUR AVENUE.

The full address for this home is 2481 CHASSEUR AVENUE, Ottawa, ON K1V8E7.

2481 CHASSEUR AVENUE has been listed on Realty.com since Mon June 01, 2026

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 63/100, Transit Score: 57/100, Bike Score: 76/100.

Listing provided courtesy of: RE/MAX HALLMARK REALTY GROUP
Listing agent: Patrick Walchuk

This content last refreshed on 2026-06-06 05:55:20. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.