207 Ethel Street

Welcome to 207 Ethel Street, Ottawa! This remarkable Multi-Family Home for sale in Ottawa is a beautifully renovated legal up/down duplex that presents exceptional opportunities for both investors and owner-occupiers. With its vacant status, this property is ready for immediate occupancy, allowing you to either move in or set your own rental rates as a turnkey investment.

Situated in the vibrant community of 3402 - Vanier, this two-storey multiplex boasts a charming exterior of vinyl siding, enhancing its curb appeal. The property features a total of nine rooms, including four spacious bedrooms, making it an ideal choice for families or those seeking additional rental income. Each of the self-contained units is designed with bright and functional layouts, featuring two kitchens that are perfect for culinary enthusiasts.

207 Ethel Street, Ottawa, is equipped with two bathrooms, ensuring convenience for all residents. Although there is no den or family room, the spacious living rooms in each unit provide ample space for relaxation and entertainment. The absence of a central vacuum system and air conditioning is compensated by the property's forced air heating, which ensures a warm and comfortable environment during the colder months.

As you explore the interiors, you will appreciate the many renovations that have been completed, including new kitchens and bathrooms, updated electrical and plumbing systems, and new flooring throughout. The property also benefits from a crawl space basement, which provides additional storage options. However, it is important to note that there is no garage space or driveway; nonetheless, the property offers parking space for up to three vehicles, ensuring that residents and guests have convenient access.

The location of 207 Ethel Street, Ottawa, is truly advantageous. Nestled on a quiet residential street, this Multi-Family Home for sale in Ottawa is just minutes away from downtown, making it an ideal spot for those who wish to enjoy urban living while still having a peaceful retreat. The surrounding area is rapidly growing, with easy access to a variety of shops, cafés, parks, schools, and public transit.

Residents will also find themselves in close proximity to Beechwood Village and the picturesque Rideau River pathways, which offer beautiful scenery and recreational opportunities. Vanier is recognised as one of Ottawa's most dynamic areas for urban living, and this property is perfectly positioned to take advantage of all the amenities that the community has to offer.

Moreover, the property is zoned R4-UA, which indicates strong long-term redevelopment potential. This zoning allows for various development options, making it an attractive investment for those looking to expand their portfolio in the future.

In summary, 207 Ethel Street, Ottawa, is a fantastic Multi-Family Home for sale in Ottawa that combines modern living with investment potential. Whether you are looking to occupy one unit while renting the other or seeking a fully-fledged investment opportunity, this property caters to a variety of needs. With its prime location, extensive renovations, and ample space, it is a must-see for anyone interested in the Ottawa real estate market. Don’t miss out on this opportunity—book a showing today!

Vanier, located just east of downtown Ottawa, is a vibrant and diverse neighbourhood known for its rich cultural tapestry and strong sense of community. The area features a mix of residential homes, parks, and local businesses, making it an appealing choice for those seeking a lively urban atmosphere. With its proximity to the Rideau River and numerous green spaces, residents can enjoy outdoor activities while still being just a short distance from the city's bustling core. Vanier is also home to a variety of restaurants and shops, reflecting its multicultural heritage, and offers convenient access to public transport, making it easy to explore all that Ottawa has to offer. Whether you're drawn by the lively street life or the welcoming community spirit, Vanier presents an inviting option for prospective residents.

Schools in the Neighbourhood

This property is conveniently located near a variety of educational institutions, making it an ideal choice for families. Within a short distance, you will find several elementary schools, including Robert E. Wilson Public School (1.2 km, rated 4), Queen Elizabeth Public School (1.6 km, rated 3.9), and Manor Park Public School (1.5 km, rated 6), offering English and French language programs for grades JK to 8. For those seeking secondary education, Lisgar Collegiate Institute is just 2.7 km away and boasts a strong rating of 7.9, while Immaculata High School, located 3.4 km from the property, offers a Catholic education with a rating of 5.8. Additionally, Assumption School, a Catholic elementary school, is a mere 0.5 km away and is rated 5. This diverse selection of schools provides excellent options for students of all ages, ensuring that your children will have access to quality education in both public and Catholic systems. The proximity to these schools not only enhances the family-friendly appeal of the neighborhood but also contributes to the overall value of the property.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 535 residents, with an average household size of 2. The community has a median age of 41.3 years and an average household income of $75,000, indicating a moderate economic status. Approximately 15.8% of the population is classified as low-income, while 60% of residents are single, and 26.92% live in households with children. The area has a significant proportion of renters, making up 64.15% of the housing market, with an average property price of $410,000. Condominiums constitute 18.87% of the housing options available. The community is diverse, with 18.02% of residents being immigrants, and a notable 53.61% of the population holds a college or university education. However, a considerable 44.33% of residents are not actively participating in the labor force, which may reflect various socio-economic factors. Overall, this demographic snapshot highlights a community that is relatively educated and diverse, with a significant number of renters and a moderate income level, making it an intriguing area for potential real estate investment.