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303 Lacasse Avenue in Ottawa for sale

MLS #:
X14034068
Type:
Triplex, 2-Storey
Approx. SQFT:
1100-1500
Basement:
Finished, Full
4+2 4+2
40 x 100 ft lot
Click brochure link for more details. DEVELOPMENT & VALUE-ADD OPPORTUNITY on a VACANT 40' x 100' LOT in VANIER SOUTH. Priced for an immediate, hassle-free sale. This purpose-built triplex structure is owner-occupied and will be delivered with guaranteed 100% vacant possession on closing within 2-4 weeks. No tenant relocation or LTB delays allowing you to completely bypass Landlord and Tenant Board delays, tenant relocation costs, or legacy rent controls. PROPERTY HIGHLIGHTS: Features a large triple detached storage shed with a durable metal roof and a fully enclosed yard anchored by a premium 7-foot pressure treated privacy fence. Situated on a highly desirable, quiet stretch of Lacasse Ave populated by long-term owners and tenants and a short 2 minute walk to major bus routes on Montreal Rd. Each of the 3 -- 2 bedroom units has separate electric meters, private laundry hookup & private entrances. The hot water tanks are owned. There are no lease agreements for utilities. DEVELOPMENT POTENTIAL: Capitalize immediately on Ottawa's New Zoning By-law 2026-50 framework. Located in a high-density N-zone transition pocket featuring zero municipal parking minimums, allowing you to maximize the rear footprint for an optimal low-rise 4 to 8-unit multiplex conversion or full clean-slate build. If you'd prefer to renovate the existing triplex, gross rental potential for three 2-bedroom units ranges from $1,800-$2,000/month per unit ($64,800-$72,000 annually) post-renovations. New zoning rules for this district are focused on high density housing & have eliminated the requirement for surface parking. FAST CLOSING TERMS within 30 days/flexible of acceptance.

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  • Date Listed: Wednesday, October 14, 2026
  • Listing Brokerage: Honestdoor Inc. - Disclaimer: The information contained in this listing has not been verified by Honestdoor Inc. and should be verified by the buyer.
  • City: Ottawa

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  • Neighbourhood: Vanier
  • Major Intersection: Lacasse Ave & Montreal Rd
  • Full Address: 303 Lacasse Avenue, Ottawa, K1L 7A5, Canada, ON, Canada
  • Amenities:
  • Taxes: $4,368.00 (2025)

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