$500,000 – $600,000 Triplex For Sale

Ottawa, Ontario

Attention DEVELOPERS and BUILDERS! Rare opportunity to acquire a 50 FT FRONTAGE x 104 ft depth lot (5,200 sq ft) in Ottawa’s rapidly intensifying Overbrook neighbourhood. 209 Glynn Avenue is situated on a quiet residential street with strong access to the Rideau River, LRT, highway and downtown core. The lot is zoned R3 allowing for a range of low-rise residential intensification uses including low-rise multi-unit development (triplex/fourplex), townhouses, semi-detached or severance potential (subject to city approvals). The existing structure is being sold as-is, where-is (no warranties), with primary value in land and redevelopment potential. The area is surrounded by ongoing infill activity and strong rental demand. Buyer to perform due diligence on zoning, permitted uses, setbacks, and development options. 24 hour irrevocable required on offers. (id:50982)

Carleton Place, Ontario

This beautifully maintained TRIPLEX (owned by the same owners since 2004) located in a highly sought-after neighborhood, presents an incredible investment opportunity. Just a block away from Centennial Park, residents can easily access a dog friendly beach, expansive greenspace, and peaceful walking trails. The property is conveniently walking distance from downtown Carleton Place, offering a variety of quaint shops and restaurants. Highlights include a huge backyard, parking for 4 cars, and recent upgrades like a new roof and eavestroughs in 2023, and a fresh exterior repaint in 2025. The triplex features three units with recent renovations: Unit #189 updated in 2023 is a 1 bdrm upper unit. Unit #193 refurbished in 2024 is a 2 bdrm upper unit. Unit #191 freshly painted in 2026 is a 3 bdrm main floor unit. Most windows have been upgraded over the years, enhancing energy efficiency. All units have their own hot water tanks that are owned not rented. This property is a fantastic opportunity for both seasoned investors and newcomers to the real estate market, promising immediate and long-term rewards in a charming community. 24 hour irrevocable on all offers. (id:50982)

Clarence-Rockland, Ontario

What an incredible investment opportunity under $600K! This triplex has spacious units, each with a private entrance, and has a list of recent renovations/upgrades including: roof, siding, decks, bathrooms, windows, and appliances. All lunits have two bedrooms, an in-suite washer and dryer, parking, and are leased month to month with a total income of $3585. Unit 1, on the left, is a two-story unit with 1.5 baths and a large private backyard. Unit 2, at the front, has 1 bath and a large deck. Unit 3, at the back, as 1.5 baths and an enormous private backyard. There is additional storage space in the basement that is accessed from the right-side door. This is your chance to secure a lucrative property. Book your showing today! Some photos are digitally enhanced. (id:50982)

Ottawa, Ontario

CAP RATE 6.2%! Updated and well maintained TRIPLEX on a corner lot with three 1-bedroom units and two parking spots. Unit 1 – features a two-storey unit with an updated kitchen with microwave/hoodfan, eating area, a family room on the main floor, in-unit laundry and a large bedroom on the second floor with walk-in closet and full bathroom with laundry. Tenant pays $1,600 per month + hydro. Unit 2 – features a 1 bedroom unit with full kitchen, good size living room, in-unit laundry and full bathroom with laundry. Tenant pays $1,250 per month + hydro. Unit 3 – features a 1 bedroom apartment with full kitchen with eating area, spacious living room, and balcony. (VACANT – projected rent $1,800 per month). Updates: Heating (2022), Roof (2017), Windows (2017). NOI: $42,004.29 (approx.) (id:50982)

North Dundas, Ontario

Prime development opportunity just minutes from the charming town of Winchester and an easy commute to Ottawa. This expansive 8.5-acre parcel offers a rare combination of immediate and future potential.One acre is already approved with a shovel-ready permit to build a triplex-ideal for investors or builders looking to get started right away. The remaining 7.5 acres provide excellent long-term upside, with the potential to create 8 additional residential lots (buyer to verify).Situated in a desirable and growing area, this property offers exceptional value at a fraction of the price compared to similar opportunities closer to the city. Whether you’re looking to build, invest, or land bank for the future, this is a versatile property with significant potential. (id:50982)

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)

Ottawa, Ontario

Prime residential building lot approximately 65 FT x 100 FT located on desirable Fringewood Drive. Excellent development opportunity in an established neighbourhood with strong rental demand and resale potential. Lot offers generous frontage and depth, providing flexibility for various building options. Potential to build a triplex (to be verified by Buyer with the city). Ideal opportunity for investors, builders, or end users looking to construct a custom property in a convenient location close to schools, parks, shopping, transit, and major roadways. Buyer to perform their own due diligence regarding zoning, permitted uses, servicing, and development approvals. Rare opportunity to secure a versatile infill lot in a growing area. (id:50982)

Renfrew, Ontario

TRIPLEX in a great Renfrew location. This solid brick triplex boasts 3 great units with 3 good tenants in place. UNIT 1 rents for $ 1,255.00 and offers 1 bedroom. UNIT 2 is a 2 bedroom unit renting at $ 1,255.00 and UNIT 3 boasts one bedroom plus den at $ 1,040.00. All tenants pay their own utilities. Come and see this great investment property. (id:50982)