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313 Savard Avenue, Ottawa, ON 50 photos

$725,000

Active
313 Savard Avenue, Ottawa, ON· Vanier
3+2
Bedrooms
2
Bathrooms
700-1100
Sq Ft
3
None Parking

About this Property

Welcome to 313 Savard, a centrally located property offering exceptional flexibility for investors, owner-occupants, and buyers seeking future redevelopment potential. The main floor features a bright and functional layout with 3 bedrooms, 1 bathroom, a spacious kitchen, and an open living/dining area. The upper unit is currently vacant, allowing for easy showings and immediate occupancy. The lower level offers an additional 2 bedrooms, 1 bathroom, a full kitchen, and a comfortable living/dining area. With large above-grade windows, a walk-out patio door, a separate side entrance, and radiant heated flooring, the space feels bright and inviting - more like a main-level suite than a typical basement apartment. The lower unit is currently tenanted, providing immediate rental income potential. Zoned N5C, this property also presents attractive opportunities for future residential intensification or multi-unit redevelopment, making it an excellent long-term investment. Notable upgrades include:- 2016: High-efficiency gas boiler furnace and HRV system- 2011: Owned gas hot water tank- 2008: Windows, foundation waterproofing, weeping tile, complete basement renovation, and radiant basement floor heating system. A rare opportunity in central Ottawa combining existing rental income, vacant owner occupancy, and long-term development upside. Ideally located close to the University of Ottawa, Highway 417, the Rideau Canal, parks, transit, and major employers including CCCS, RCMP, CMHC, CBSA, NRC, and DND. Everyday amenities are all nearby, including Loblaws, Metro, FreshCo, and Green Fresh Supermarket, supporting strong and consistent rental demand.

Listed by HOME RUN REALTY INC. · MLS# X13156104

About Vanier

Urban Revitalizing · Avg $500K

Vanier is a compact urban neighbourhood located just east of the Rideau River from downtown Ottawa, undergoing a significant revitalization that has caught the attention of savvy buyers, investors, and first-time homeowners looking for affordable central living with strong appreciation potential. Once a separate francophone municipality before amalgamation, Vanier retains a distinctive French-Canadian cultural identity while embracing the multicultural diversity that has become one of its defining characteristics.

Avg Home Price$500K
Walk Score80
To ByWard Market10 min
Drive to Downtown8 min
View Full Vanier Guide

Features & Details

Property details of 313 Savard Avenue, Ottawa, ON

Property TypeDetached
StyleBungalow
Size700-1100 sq ft
BasementApartment, Finished
Total Parking3

Mortgage Calculator

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Mortgage Payment$3,562/monthly
Principal54%
Interest46%
Principal Amount$580,000
Interest$488,512
Total Payable$1,068,512
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$3,562
Mortgage + Expenses$3,562
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$
$
$
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Monthly Cash Flow-$3,562

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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