Contact
1-877-888-3131
Sign-in/up
Search for Sale
Buyer Cashback
Back to Map
Share
$1,290,000
Ontario,Ottawa
For Sale Active
2481 CHASSEUR AVENUE, Ottawa, Ontario K1V8E7
  • 10
  • 3
  • 1500 - 2000Square Feet
Contact Seller
Basic Details
Description

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:62783)

Read More
Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13220300
  • Price: $1,290,000
  • Bedrooms: 10
  • Bathrooms: 3
  • Square Footage: 1500 - 2000 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 278197
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: Finished, Full
  • Fence: Fenced yard, Fully Fenced
  • Parking: Detached Garage, Garage
  • Exterior Features: Vinyl siding, Brick
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
  • Fireplaces Total: 1
Address Map
  • Location: CA, Ontario, Ottawa, K1V8E7
  • Street: Chasseur
  • Street Number: 2481
  • Street Suffix: Avenue
  • Longitude: W76° 19' 34.1''
  • Latitude: N45° 22' 30.8''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 75 x 100 FT
  • Stories: 1.5
Financial
  • Tax Annual Amount: 8410.66
Powered by REALTOR.ca
Listing updated: 2026-06-20 06:38:48
Schedule a Tour
List Your Property
Mortgage Calculator
Get Pre-Approved
$
$
%
%
years
Monthly Payment (Est.) $
Similar Properties
Listing Information
  • List Agent Key: 1404571
  • List Office Key: 278197
  • Modification Timestamp: 2026-06-01T21:05:56Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-06-01T20:56:05Z
Powered by REALTOR.ca
Listing updated: 2026-06-20 06:38:49
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By‐Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non‐commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.

By continuing to use this website and its services, you agree to these

Terms of Use

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as a part of their Mere Posting ComFree Listing Contract and in partnership with Zubic Law.

I acknowledge I can only access these forms as a ComFree customer under contract.

These forms are provided to ComFree’s Unrepresented Sellers as part of their Mere Posting ComFree Listing Contract and in partnership with Imperium LLP – Rocky Kim.

I acknowledge I can only access these forms as a ComFree customer under contract.

How It Works

1. Purchase Your Package

2. We Ship Your ‘For Sale’ Sign

3. Book Your VR Tour

4. Complete Listing Input Forms

5. We Make Your Listing Live

6. Get Support 7 Days a Week

7. iSOLD!

Learn More