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Listed by Royal Lepage Team Realty.
256 Hannah Street is a Triplex, 2-Storey and is currently for Sale @ $725,000. Taxes in 2025 were $5,355.00.
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Fantastic Investment opportunity with a STRONG CAP RATE! Legal triplex on a large 50x100 ft lot with R4UA-c zoning. The 2-Storey on 256 Hannah Street has 6 bedrooms, 6 bathrooms, and is located on a 100 x 50 ft lot in the community of Vanier . Strong rental income with Gross Operating Income of $65,160/year. Unit 1: 2 bed/2 bath rented at $1,735/month (all inclusive). Unit 2: 2 bed/2 bath rented at $2,300/month (all inclusive). Unit 3: bachelor/2bath rented at $1395/month (all inclusive). Endless flexibility to rent, renovate, or redevelop. Rare land assembly potential with neighbouring 244, 250, and 258 Hannah also available, combine for total lot size of 180x100 ft -- (18000 Sq.Ft. ). Own the block, collect the income, and control the future. Great upside in an evolving neighbourhood.
The address 256 Hannah Street was listed for sale (MLS# X12314288) on Monday, July 28, 2025.