329 RICHELIEU AVENUE, Ottawa

2026-04-01
 

Quick Summary

Location
329 RICHELIEU AVENUE, Ottawa, Ontario K1L6J7
Price
$1,624,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
3620 sqft

MLS®#X12947774

Property Description

Discover this well-maintained 7-unit multifamily building just minutes from the heart of Ottawa, offering steady cash flow and upside potential. This turnkey investment combines solid tenants, attractive unit mix, and a desirable neighborhood with high demand for rental housing. The prime location is walkable to transit, schools, parks, shopping, dining, and cultural amenities, and is within close proximity to the University of Ottawa. Unit mix is comprised of four 2-bedrooms, two 1-bedrooms and one bachelor. All units are in excellent condition, with two of the units completely renovated in spring 2024, and two others upgraded in the past few years. Onsite laundry is available for tenant convenience and an additional source of income. The property also features an outdoor patio are for tenant enjoyment. Major upgrades include a high-efficiency gas hot water boiler furnace (2018) and main sewer line replacement (2021) from the basement to the city connection. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit

Building

  • Appliances: All
  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 3620 sqft
  • Building Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Land Size: 3620 ac

Zoning

  • Description: R4B

Information entered by ROYAL LEPAGE EDMONDS & ASSOCIATES
Listing information last updated on: 2026-04-02 01:03:34


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Are your listings on MLS®, realtor.ca and shared across the web?

Yes, yes, and yes.


Learn more about the One Percent Realty Deal

 

Sheila Forward-Davis REALTOR®

Phone:
(613) 883-8098
Mobile:
(613) 883-8098
Email:
sheila.forwarddavis@gmail.com
Support Area:
Ottawa, Kanata, Manotick

Home is where the heart is... let's find your gem in Ottawa or around the world. Sheila knows ...

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Jay Terris Salesperson

Phone:
(613) 355-7295
Email:
jdterris@gmail.com
Support Area:
Stonebridge, Manotick, Westboro, Kanata, Greely, Nepean, Hunt Club South, Barrhaven, Riverside South, Stittsville, Richmond, Bells Corners, Findlay Creek, Leitrim, Country Place, Pineglen, Ottawa

I offer 1% CASH BACK REBATE* On Home Purchases   My mission is to represent ...

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Sergiu Buhatel Broker

Phone:
(613) 724-8815
Email:
sergiu.buhatel@gmail.com
Support Area:
Ottawa, Nepean, Barrhaven, Findlay Creek, Blossom Park, Orleans, Kanata, Riverside South, Cumberland, Rockland, Manotick, Stittstville, Cornwall, Perth

Sergiu has been a licensed Realtor® since 2012 and earned his Broker designation in 2015. He h ...

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