316 Lafontaine Avenue
Vanier and Kingsview Park, ON
- 5 bed
- 1 bath
- approx. 1100-1500 sqft
- Triplex
- 175 days on market
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.
Listing Details
- Taxes (2025)
- $5,208
- Originally Listed
- $680,000
- Listed
- March 19, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Brick, Other
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Primary Bedroom - Main Floor
- Lot Size
- 40 x 100 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Lafontaine Avenue runs North/South between Montreal Road and MacArthur Avenue in Vanier between the Vanier Parkway and St. Laurent Blvd.
- Parcel Number
- 042390096
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Main floor unit: dishwasher, washer, dryer, hood fan, stove, fridge; Basement unit B: Stove, fridge
- Exclusions
- tenant belongings
- Rental Items
- Hot Water Tank
Schools
Elementary
- Assumption Catholic Elementary School0.4 km
Catholic · Ottawa CSB · 260 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 26% met the provincial standard
- Robert E. Wilson Public School0.5 km
Public · Ottawa-Carleton DSB · 250 students
Grade 3 reading: 42% met the provincial standard · Grade 6 math: 41% met the provincial standard
- École élémentaire catholique Horizon-Jeunesse0.6 km
French Catholic · CSDC du Centre-Est de l'Ontario · 465 students
Grade 3 reading: 90% met the provincial standard · Grade 6 math: 71% met the provincial standard
Secondary
- Ottawa Technical Secondary School1.1 km
Public · Ottawa-Carleton DSB · 330 students
Grade 10 literacy: 48% met the provincial standard
- École secondaire catholique de l’innovation1.7 km
French Catholic · CSDC du Centre-Est de l'Ontario · 95 students
Grade 10 literacy: 71% met the provincial standard
- École secondaire catholique Samuel-Genest2.1 km
French Catholic · CSDC du Centre-Est de l'Ontario · 855 students
Grade 10 literacy: 96% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K1L
- Population
- 18,213
- Private dwellings
- 10,797
- Median age
- 41.2
- Average household size
- 1.8
- Median household income
- $63,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Vanier and Kingsview Park · last 12 months
- Median sold price
- $540,000
- Homes sold
- 175
- Median days on market
- 31
- Sale-to-list price
- 97.2%
Based on 175 recorded sales of residential freehold properties in Vanier and Kingsview Park over the last 12 months.
Rooms
4-piece on Main
Main
- Bedroom 211' x 9'
- Bedroom 316' x 7'
- Kitchen14' x 13'
- Living Room18' x 13'
- Primary Bedroom13' x 12'
Listed by
COLDWELL BANKER SARAZEN REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$129,800
Estimated Monthly Payment
$3,188
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,188/mo (20% down, 5.5%)
Taxes: $434/mo · Insurance: $162/mo
Estimates only. Consult a financial advisor.
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