$300,000 – $400,000 Triplex For Sale

Alfred And Plantagenet, Ontario

Fantastic investment opportunity or house-hacking gem in the expanding suburb of Alfred! This triplex generates a powerful $55,116 in annual gross rent ($4,593/month) with a Net Operating Income (NOI) of $40,394, delivering an exceptional cap rate. The property features 5 total bedrooms across three distinct levels, All units have separate heating controls: Upper Unit: Bright living space with its own private outdoor patio. Main Unit: Highly unique split-layout featuring an independent, sublet-ready suite with its own private entrance, kitchen, and bathroom. Shares a common laundry area. Basement Unit: Separate lower-level apartment boasting a private walk-out patio. The massive backyard easily accommodates parking for 4 vehicles. Perfectly situated approximately one hour from both Ottawa and Montreal, this versatile property is ideal for savvy investors or buyers looking to live in one unit while offsetting their mortgage. Schedule your viewing today! Updates: All 4 bathrooms have been updated in last 3 years, Shingles 2 years, Boiler Combi 3 Years. All units rented to adults only no children. 24hrs irrevocable on all offers. (id:50982)

Smiths Falls, Ontario

143 Brockville Street offers a solid investment opportunity in Smiths Falls with strong income potential and future upside. This triplex features one 2 bedroom unit, one 3 bedroom unit, and one vacant 1 bedroom unit that could generate approximately $1,500/month inclusive of heat and hydro, allowing a new owner the opportunity to improve cash flow from day one. Apartment 1 – 3 bedroom – currently rents for $1,600/month inclusive of heat and hydro, while Apartment 3 – 2 bedroom – rents for $1,000/month with a $100/month credit for snow removal and grass cutting. The property is conveniently located within walking distance to downtown Smiths Falls, groceries, restaurants, and everyday amenities, making it attractive to tenants looking for affordability and convenience. The large shared rear yard adds usable outdoor space for tenants, while the basement laundry area offers additional potential for storage lockers or future improvements. With reasonable operating costs, reliable tenants, and the continued demand for rental housing in Smiths Falls due to its affordability and proximity to Ottawa, this property presents a practical opportunity for investors looking to add to their portfolio or enter the multi unit market. (id:50982)

Ottawa, Ontario

Contractors, this one is for you!! Exceptional investment opportunity in the heart of North Gower. This vacant lot is ready for the next stage of development, with approvals already in place for the construction of a triplex. Skip much of the lengthy planning process and move one step closer to building your next income-producing property. A new septic system has already been installed, adding significant value and helping reduce both time and upfront development costs.Located just 5 minutes from Highway 416, the property offers quick, convenient access to Ottawa while benefiting from the charm and growing appeal of village living. Its desirable location makes it an excellent option for attracting future tenants seeking a quieter lifestyle without sacrificing an easy commute.Whether you’re an experienced builder, developer, or investor looking to expand your portfolio, this property is ready for someone to take the project through to completion and capitalize on its potential. With key approvals secured and essential infrastructure already in place, much of the groundwork has been done-allowing you to focus on bringing the vision to life.Opportunities to acquire development-ready properties with approvals already in place are increasingly rare. Take advantage of this chance to build a purpose-designed triplex in a growing community with excellent access to the city. Rendered photo of approved Triplex. (id:50982)

Ottawa, Ontario

Discover a rare opportunity at 2725 Rowatt Street in one of Ottawa’s most remarkable west-end settings. Currently in the process of severance with 2723 Rowatt Street, this property is proposed to offer a lot size of approximately 31.5 x 131.9 feet, while 2723 Rowatt is proposed at approximately 33.7 x 131.9 feet. The severance has already been approved, but not yet fully completed, creating added flexibility for a buyer looking to secure a valuable piece of land with exciting future possibilities. What makes this offering especially compelling is its exceptional development potential. Each future lot presents the opportunity for a triplex-style build with rear parking and a coach house above, allowing for the potential of 4 units per property. For those with a different vision, this site also offers the chance to explore building a custom home in a location that is truly hard to replicate. Set beside Mud Lake, backing onto NCC land, and just minutes from the Ottawa River and Britannia Yacht Club, the surroundings are what make this property stand out. It is a setting that blends privacy, nature, and city convenience in a way that few locations can. Enjoy nearby trails, water access, green space, and a lifestyle rooted in the beauty of Ottawa’s outdoors, all while remaining close to everyday amenities. This is more than just land. It is a chance to create something special in a location people already know and love. Opportunities like this are incredibly rare. 2725 Rowatt Street is the kind of property that comes along once in a while, and it may be exactly what you have been waiting for. (id:50982)

Ottawa, Ontario

Discover a rare opportunity at 2723 Rowatt Street in one of Ottawa’s most remarkable west-end settings. Currently in the process of severance with 2725 Rowatt Street, this property is proposed to offer a lot size of approximately 31.5 x 131.9 feet, while 2723 Rowatt is proposed at approximately 33.7 x 131.9 feet. The severance has been approved but is not yet fully completed, creating added flexibility for a buyer looking to secure a valuable piece of land with exciting future possibilities. Any reference to future lot configuration, addresses, dimensions, or development potential is subject to final severance approval and completion. Buyer to conduct their own due diligence regarding the severance and to independently verify permitted uses and what may be built on the property.What makes this offering especially compelling is its exceptional development potential. Each future lot presents the opportunity for a triplex-style build with rear parking and a coach house above, allowing for the potential of four units per property. Alternatively, this site offers the chance to explore a custom home in a location that is truly hard to replicate.Set beside Mud Lake, backing onto NCC land, and just minutes from the Ottawa River and Britannia Yacht Club, the surroundings are what make this property stand out. Enjoy nearby trails, water access, and green space, all while remaining close to everyday amenities.This is more than just land. It is a chance to create something special in a location people already know and love. Opportunities like this are rare. (id:50982)