303 LACASSE AVENUE, Ottawa

$497,000

For sale: Multiplex

Multiplex at 303 LACASSE AVENUE, Ottawa
Property type
Triplex
Bedrooms / bathrooms
6 bedrooms, 3 bathrooms
Living area
1,500 sqft
MLS®
MLS® X14034068
Neighbourhood
3404 - Vanier

Click brochure link for more details. ATTENTION BUILDERS, DEVELOPERS & SAVVY INVESTORS! Incredible infill development opportunity on a prime 40' x 100' flat lot (4,000 sq. ft.) situated on a quiet, highly desirable pocket of Lacasse Avenue in the heart of Vanier. This property is being sold strictly for land value and is a clean-slate canvas ready for your next high-density residential build. The existing triplex structure is uninhabitable, allowing you to bypass the Landlord and Tenant Board (LTB) entirely with 100% vacant possession and a flexible, fast closing date. Benefit from massive cost and time savings with active, live municipal utility hookups (water, sewer, and hydro) already connected to the site. The hot water tanks are owned. There are no lease agreements for utilities. The perimeter is completely secured by a 7-foot privacy fence, perfect for managing your pre-construction phase. Located steps from the vibrant Montreal Road transit corridor, local amenities, and just minutes to downtown Ottawa. 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.

Sold data

Homes in Vanier — recent sold market

Homes in Vanier took a median of 41 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 60, across 36 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 60 days.

The median sale price was $479,000.

Homes sold for about 2.6% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
41
Median sale price
$479,000
Sale-to-list ratio
97.4%
Sold above asking
11%

Based on 36 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 303 LACASSE AVENUE