316 LAFONTAINE AVENUE
Ottawa · K1L6X2
$649,000
About this residence
A rare investment opportunity! The main floor of this bungalow has 3 bedrooms and a 4pcs bathroom, while the two basement units generate steady rental income. This location is always in demand, so vacancies are rare and most tenants remain long-term. Recent improvements include refinished and new hardwood floors (2015), updated main floor windows (2013), a new owned hot water tank plus a new rental unit (2016), and the replacement of all remaining roof shingles scheduled for completion in 2016. This property can be purchased purely as an investment, or you can live on the main level while the two basement tenants cover a significant share of your expenses. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Triplex
- Bedrooms
- 5 (3 above, 2 below)
- Bathrooms
- 1
- Storeys
- 1
- Living area
- 1,100–1,500 sq ft
- Lot size
- 40 x 100 FT
- Frontage
- 40 feet
- Parking
- 5 spaces
- Fireplace
- Yes
- Annual tax
- $5,208
- MLS®
- X12899450
- Board
- Ottawa
- Status
- Active
- Listed
- Mar 19, 2026
- Updated
- Jul 17, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 5.48 × 3.96 m |
| Kitchen | Main level | 4.26 × 3.96 m |
| Primary Bedroom | Main level | 3.96 × 3.65 m |
| Bedroom 2 | Main level | 3.35 × 2.74 m |
| Bedroom 3 | Main level | 4.87 × 2.13 m |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dishwasher
- Dryer
- Stove
- Hood Fan
Heating
- Baseboard heaters
- Electric
Basement
- Finished
- Walk out
Exterior
- Brick
Foundation
- Concrete
Parking
- No Garage
Sewer & Utilities
- Sanitary sewer
Architecture
- Bungalow
Financing
Estimated monthly payment
$3,035/mo
Loan amount
$519,200
Down payment
$129,800
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Ottawa
Nearby
About the area
Census · K1L- 18,213
- Population
- 41
- Median age
- $63,200
- Median income
- $480,000
- Median home value
- 33%
- Home ownership
- 26 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 316 LAFONTAINE AVENUE?
316 LAFONTAINE AVENUE is listed for $649,000, in Ottawa.
How many bedrooms and bathrooms does 316 LAFONTAINE AVENUE have?
It offers 5 bedrooms and 1 bathroom.
What type of home is 316 LAFONTAINE AVENUE?
316 LAFONTAINE AVENUE is a Multi-family, Triplex set over 1 storey.
How large is 316 LAFONTAINE AVENUE?
The home offers approximately 1,100–1,500 sq ft of living space on a lot measuring 40 x 100 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,035. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $5,208 per year.
Is there parking?
Yes — 316 LAFONTAINE AVENUE includes 5 parking spaces.
What is the Ottawa area like?
Ottawa has a population of about 18,213, a median age of 41, a 33% home-ownership rate, with an average commute of about 26 minutes.
What is the average home value in Ottawa?
The median dwelling value in this area is approximately $480,000, based on census data via Neighbourly.
What is the median household income in Ottawa?
The median household income in this area is approximately $63,200.
Similar residences
Comparable Triplex near Ottawa at a similar price.
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