$500,000 – $600,000 Triplex For Sale

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For sale
$549,000
466-468 CATHERINE STREET, Hawkesbury, Ontario

466-468 Catherine Street

Hawkesbury, Ontario

Well-maintained and fully tenanted triplex offering strong and stable income, generating *approximately $30,000 in net annual income. This solid investment property features a desirable unit mix of **two 2-bedroom units and one 3-bedroom unit*, each thoughtfully laid out and well cared for. All units have been *updated approximately 10 years ago*, providing improved finishes and long-term durability while maintaining strong tenant appeal. The property is fully occupied with reliable tenants in place, offering immediate cash flow for investors. Located in a convenient area of Hawkesbury close to schools, shopping, parks, and essential amenities, this property is well-positioned for consistent rental demand. A rare opportunity to acquire a *turnkey multi-family investment* with strong income performance and minimal vacancy risk. Ideal for both seasoned investors and those looking to enter the multi-residential market. (id:66888)

7 Bedroom 3 Bathroom 1,500 – 2,000 sqft
For sale
$699,000
142 STE CECILE STREET, Ottawa, Ontario

142 Ste Cecile Street

Ottawa, Ontario

Opportunity to own a solid triplex in a well-established Ottawa neighbourhood with strong rental demand! This property features three spacious 2-bedroom, 1-bathroom units, each offering hardwood flooring, ceramic tile in the kitchens and bathrooms, and practical layouts that appeal to tenants. Several updates have been completed over the years, including renovated units, newer windows, and a resurfaced driveway. A detached single-car garage provides additional storage or parking options. Tenants pay their own hydro, helping to keep operating costs down. A great option for investors looking to add to their portfolio or those seeking a multi-unit property with long-term potential. (id:66888)

6 Bedroom 3 Bathroom 3,500 – 5,000 sqft
For sale
$699,900
5535 MITCH OWENS ROAD N, Ottawa, Ontario

5535 Mitch Owens Road N

Ottawa, Ontario

Great Investment Opportunity! Large lot , .56 acres with plenty of Parking and no rear neighbours. Large detached garage/shed on the property with 60 amp service, potential for storage income. Updates include, but are not limited to: Furnace 2019, Drywall Fire Separations, Electrical, Air conditioning 2022, kitchen cabinets Unit # 1, 2019, new flat roofs, 2023, Septic cleaned and water tested regularly. The property has had 3 Apt. units for over 25-30 years. The buyer will need to conduct their own due diligence with the city regarding the property, as a legal non-conforming Triplex, at their own expense. Rental Income Apt. 1,2 bedroom $1700 per month, Apt. 2, 1 bedroom, $1500, Apt. 3, 2 Bedroom, $ 1400/mos. Property generates a total of $ 4600/mth. 2 of 3 leases are now m-t-m with the latest tenant on a 1-year lease. Summary of expenses available upon request. Above-grade square footage is an estimate. Enjoy the amenities & lifestyle offerings of lovely Manotick, walking distance to St Mark’s High School & George Nelms Sports Park, a short commute to downtown and close to the 416. Don’t miss this opportunity! Property and appliances are being sold ” as is, where is ” condition. SHOWINGS REQUESTS: 48 hours notice for Showings as the property is tenant-occupied. ** This is a linked property.** (id:66888)

5 Bedroom 3 Bathroom 2,000 – 2,500 sqft
For sale
$649,900
174 ARTHUR STREET, Ottawa, Ontario

174 Arthur Street

Ottawa, Ontario

INVESTMENT OPPORTUNITY for under $675,000! Three Storey semi detached TRIPLEX in the heart of Chinatown. Zoned R4H and Ideally located with a school directly across the street and just minutes to Downtown, Little Italy, public transit, shopping, restaurants, parks, and all amenities. This centrally located income property offers an excellent opportunity for investors looking to expand their portfolio or those seeking a property with strong rental potential. Situated on an 18.18′ x 71.19′ lot, the property includes one front parking space and a spacious backyard for tenants to enjoy. Offering an attractive CAP RATE of 6.12% and Gross Annual rental income of $51,924 this is a turnkey investment with immediate cash flow. Rented on an All Inclusive basis. Unit 1: currently Vacant and a great option for an Owner Occupied unit, it’s a two bedroom, one bathroom unit on the main floor with access to the finished basement, providing additional living space and a dedicated laundry area. The kitchen and several interior finishes were updated in 2022, along with newer floors in 2026. Unit 2: One bedroom, one bathroom apartment on the second floor with its own washing machine. Unit 3 is a one bedroom, one bathroom unit that provides additional rental income. The property is heated by natural gas forced air and serviced by one hydro meter. All appliances are included! Located in one of Ottawa’s most desirable rental areas with consistent tenant demand, this property offers excellent long term investment potential and the opportunity to generate reliable income from day one. A fantastic opportunity to own an affordable multi unit property in a prime central location. Book your private showing today! 24 hour irrevocable required on all offers. (id:66888)

4 Bedroom 3 Bathroom 1,100 – 1,500 sqft
For sale
$575,000
372 KING STREET W, Brockville, Ontario

372 King Street W

Brockville, Ontario

Step into timeless charm and modern versatility with this Victorian-era, three-story semi-detached duplex ideally located in Downtown Brockville, just moments from the St. Lawrence River. Pictures truly don’t do it justice. This incredible property generates an impressive income of $57,000 annually. Rich in character yet thoughtfully updated, this property offers an exceptional opportunity for homeowners and investors alike. The main residence is now rented for $2,750/mo, spans three levels and features three spacious bedrooms, two full bathrooms, and a fully renovated kitchen designed for both everyday living and entertaining. Original architectural details blend beautifully with contemporary finishes, creating a warm and welcoming atmosphere throughout. Furnace recently replaced. The separate bachelor apartment is equally impressive, complete with its own laundry and currently generating $2,000 per month in rental income, an ideal mortgage helper or turnkey investment. This tenant has given notice for October 1st, 2026, presenting the new owner with the opportunity to occupy this unit themselves or choose their own tenant! To further investment potential, this could become a fantastic triplex with the right modifications. Set in the heart of Downtown Brockville, this property is within walking distance to the waterfront, shops, restaurants, and amenities, delivering the perfect blend of historic charm, urban lifestyle, and income potential. Brand new furnace 2026. (id:66888)

4 Bedroom 3 Bathroom 1,500 – 2,000 sqft
For sale
$699,000
2725 ROWATT STREET, Ottawa, Ontario

2725 Rowatt Street

Ottawa, Ontario

Discover a rare opportunity at 2725 Rowatt Street in one of Ottawa’s most remarkable west-end settings. Currently offered as one full lot measuring approximately 65.28 x 131.83 feet, the property is also in the process of severance with 2723 Rowatt Street. The proposed severance would create two lots, with 2725 Rowatt measuring approximately 31.5 x 131.9 feet and 2723 Rowatt measuring approximately 33.7 x 131.9 feet. The severance has already been approved but has not yet been 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:66888)

For sale
$675,000
352 LACASSE AVENUE, Ottawa, Ontario

352 Lacasse Avenue

Ottawa, Ontario

Exceptional Opportunity for Investors, Multi-Generational Families, or Owner-Occupants! This formerly triplex property offers a rare chance to secure immediate vacant possession, set market rents, and choose your own tenants. Ideal for investors, extended families, or buyers seeking long-term upside, income potential, and future redevelopment opportunities. Located on a 47′ x 113′ lot and zoned R4, the property provides strong development and value-add potential in a highly desirable Ottawa location. The layout includes a 3-bedroom upper unit, a 2-bedroom main floor unit, and a 1-bedroom basement unit, all finished with carpet-free flooring for durability and low maintenance. Built in 1956 and lovingly held as a family home since April 1965, the property combines solid construction with timeless character. It is ready to be enjoyed as-is or thoughtfully modernized to suit your vision. A standout feature is the abundant storage throughout, offering rare and practical functionality across all levels. The basement unit provides added income potential and flexibility, making it well-suited for multi-generational living or investors aiming to maximize returns. An attached garage offers versatile space, ideal for storage or a very small vehicle. Conveniently located just minutes from downtown Ottawa, the property benefits from strong rental demand with close proximity to transit, parks, schools, and amenities. Recent updates include PVC windows and a newer roof, helping reduce near-term maintenance costs. Three hydro meters are already in place for efficient utility management. With vacant possession, strong location fundamentals, and multiple future pathways, this property presents a compelling combination of immediate income potential, long-term appreciation, and redevelopment opportunity in one complete package. (id:66888)

6 Bedroom 3 Bathroom 2,000 – 2,500 sqft
For sale
$699,900
566 KIRKWOOD AVENUE, Ottawa, Ontario

566 Kirkwood Avenue

Ottawa, Ontario

Unlock the potential of this exceptional income-generating property in one of Ottawa’s most desirable neighbourhoods. Offering two fully self-contained living spaces, this detached home is a rare opportunity for investors seeking strong cash flow and long-term upside.The main level features a bright and spacious 2-bedroom + den layout with an open-concept living and dining area, oversized windows, and a full 4-piece bath. The well-appointed kitchen, complete with a gas stove, opens to a private, inviting backyard-perfect for owner-occupancy or stable long-term rental income.A separate side entrance leads to the upper level, which includes two additional bedrooms, a full bath, and a complete kitchen. Currently operating as a turnkey Airbnb with professional property management available, this unit offers immediate, hassle-free short-term rental income. With a strong 5.5% cap rate and multiple revenue streams already in place, this property is built for performance. Additional highlights include a detached garage, parking for two vehicles, and highly flexible zoning that allows for a future triplex-maximizing both current returns and future development potential.Ideally located close to shops, hospitals, parks, and transit, this is a strategic investment opportunity combining cash flow, versatility, and long-term growth. (id:66888)

4 Bedroom 2 Bathroom 1,500 – 2,000 sqft
For sale
$699,900
492 VERNON AVENUE, Ottawa, Ontario

492 Vernon Avenue

Ottawa, Ontario

Investor Alert! Welcome to 492 Vernon Avenue on a quiet residential street within walking distance to St. Laurent recreational complex. An exceptional opportunity for investors, developers, or buyers looking to unlock incredible future potential. This estate sale offers a rare chance to acquire a single-family home situated on a generous lot with the opportunity to renovate the existing layout into two one-bedroom basement apartments, creating a triplex opportunity (buyer to verify all zoning, permits, and municipal approvals). The upper level has 3 bedrooms and the lower level has 2 one-bedroom apartments ready to renovate with the existing layout. Can also be converted to a family home. Zoning is R3A, R4B, however buyer to verify all zoning, permits, and municipal approvals. Whether you’re looking to expand your investment portfolio, generate rental income, or maximize the property’s potential, this is an opportunity you won’t want to miss. Ideally located just minutes from downtown Ottawa and close to schools, parks, public transit, shopping, restaurants, hospital and all essential amenities. Property is being sold AS-IS where-is, with no representations or warranties by the Estate. (id:50982)

5 Bedroom 1 Bathroom 1,100 – 1,500 sqft
For sale
$579,900
201 ETHEL STREET, Ottawa, Ontario

201 Ethel Street

Ottawa, Ontario

SINGLE FAMILY HOME DIVIDED WITH TWO EXTRA UNITS IN LOWER LEVEL. ONE UNIT VACANT, GREAT OPPORTUNITY TO LEGALIZE AS A TRIPLEX OR CONVERT BACK TO A SINGLE FAMILY HOME (id:50982)

4 Bedroom 3 Bathroom 700 – 1,100 sqft

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