$700,000 – $800,000 Triplex For Sale

Ottawa, Ontario

Turn-key triplex investment opportunity located in Ottawa’s central east end in the established community of Castle Heights! This well-maintained property has been owned by the same owner since 1989 & offers stable long-term tenants, reliable income, 4 parking spaces & separate hydro meters for each apartment + common areas. All tenancies are month-to-month, providing excellent flexibility for investors looking to expand their portfolio or potentially owner/family occupy. Add’l income is generated through the coined washer & dryer located in the shared laundry room. Apt. 1 is a LL 1 bed, 1 bath unit feat. laminate flooring, an updated kitchen w/ eating area, renovated full bath & large windows for natural light. Apt 2 offers a spacious 2 bed, 1 bath layout w/ hardwood flooring in the living rm & primary bed, laminate flooring in the secondary bed & a bright eat-in kitchen. Apt 3 feat. 2 beds, 1 bath, hardwood flooring t/o the principal rooms & 2 dedicated parking spaces. Shared common areas incl. front & rear staircases, laundry rm, utility rm & under stair storage . Extensive updates completed t/o ownership incl. roof replacement in 2015, boiler installed in 2010, painted front & rear staircases in 2025, + significant basement improvements in 2009 incl. new drain lines, backup valve installation, insulation, concrete flooring, updated flooring t/o, renovated basement kitchen & bathroom & windows replaced over the years as well. The exterior offers a stucco finish, interlocked side & rear walkway/patio, shared backyard space, storage shed & garbage area. NOI of $26,372.11 w/ loads of upswing in quiet residential Castle Heights community! Conveniently Walk to transit on McArthur Ave/Donald. Mins to St. Laurent Blvd., Montréal Rd. & downtown. Nearby amenities incl. St. Laurent Shopping Centre, Trainyards, Costco, parks, rec centres & many restaurants. A great opportunity to own a centrally located income property with long-term upside in a growing area of Ottawa! (id:50982)

Ottawa, Ontario

Well-maintained triplex offering strong rental income in a convenient location just minutes to downtown. Excellent access to transit, shopping, parks, and everyday amenities make it an appealing location for tenants. This property features three spacious units, each offering 2 bedrooms and 1 bathroom. Unit 1 (main floor) currently pays $2200/month. Unit 2 (upper level) is vacant – set your rent! Unit 3 (lower level) is currently paying $1900/month. Many improvements have been made to the property: basement fully renovated (2025); roof (2023); windows (2015); furnace (2023); exterior paint (2023) and driveway asphalt redone (2023). Information Sheet attached with additional details. Favourable zoning allows for the potential construction of a coach house in the rear yard, providing an opportunity for additional living space, a guest suite, or an income-generating unit (buyer to perform their own due diligence). (id:50982)

Ottawa, Ontario

In the heart of the ByWard Market, steps to Lowertown, this thoughtfully renovated, detached zoned triplex offers a unique balance of city living on a quiet tree-lined street. Steps from the vibrant ByWard Market, this property delivers unmatched location, character & strong income potential. Approximately 2,200 sq ft of well-designed living space, the property is currently configured as two spacious primary units w/ separate hydro meters, plus 2 additional self-contained studio suites-offering exceptional flexibility for investors, multi-generational living, or lifestyle buyers. Three units are currently vacant, w/ one on month-to-month tenancy (tenant willing to stay or vacate), providing immediate opportunity to set market rents, select tenants, or reposition for maximum yield. Bonus studio spaces offer strong potential for rental income, guest suites, home office use, or Airbnb. The main floor retains much of its original warmth & character, featuring original refinished hardwood flooring, cozy gas fireplace, classic clawfoot tub & large kitchen.The upper two-level 3+ den b/r unit features a spacious kitchen w/exposed beams, renovated bathrooms & strong architectural appeal. The upper studio offers a wood-burning fireplace, exposed beams, loft space, two Juliet balconies, vaulted ceilings & skylight creating a bright, open & creative environment. Extensive updates include electrical (ESA certified), plumbing (2016), roof (2017), siding w/ added insulation, furnace/water heater (2019), renovated baths & other interior improvements.Outdoor living enhanced by a private rear flagstone patio ideal for BBQs & entertaining. Rare 2 or 3 parking spaces & storage. Ideally located w/i walking distance to a park w/wading pool & tennis courts, green space, Ottawa River, Ottawa Art Gallery, embassies, DFAIT, Parliament Hill, University of Ottawa & Rideau Centre.A rare opportunity in one of Ottawa’s most desirable & consistently performing rental markets. 24 hrs irrevocable (id:50982)

Ottawa, Ontario

Welcome to 58-60 Louisa Street. A classic red brick triplex in the heart of the city. Just steps from restaurants on Preston Street, picturesque walks along Dow’s Lake, and the LRT, this property offers the best of urban convenience and lifestyle. This three-storey investment property features generously sized principal rooms, individual hydro meters, new exterior patios off of all three units, recently updated roof and windows, parking for 4 cars, large detached garage, and a healthy income with lots of room to grow. Unit 1 is a large one bedroom plus den with formal living and dining room. Owner occupied and estimated $1900/month+hydro, parking included. Unit 2 is a spacious one bedroom plus den $1420/month+hydro, parking included. Unit 3 is a bright open concept studio $830/month+hydro, parking included. Heat: $1,201, Water: $1,108, Insurance: $1,724, Hydro: $830. That’s a CAP rate of 4.97%!!! Perfect for an owner to occupy or as a fully tenanted rental investment. Discover the opportunity for yourself. Book your private showing today! (id:50982)

Ottawa, Ontario

Exceptional opportunity to own a well-maintained income-producing triplex in one of Ottawa’s most strategic central locations. Currently generating approximately $68,772 in gross annual rental income with an estimated net operating income of approximately $54,183. A strong option for investors seeking immediate cash flow with future upside potential. This solid multi-family property features three spacious 2-bedroom units, each offering the convenience of in-suite laundry (washer & dryer) and a dedicated parking space for each unit, a premium feature highly valued by today’s tenants. An additional spare fourth parking space offers potential for increased profitability and is not currently included in the rental income. The property includes three separate hydro meters, with Units 2 and 3 paying their own hydro, helping reduce owner operating expenses and improving overall investment efficiency. The building has been carefully maintained and enhanced with recent updates including new rear metal stairs (2025), new rented furnace (2026), updated interior doors, modernized bathroom finishes, and LED lighting upgrades. All units offer bright and functional layouts with hardwood flooring, tiled kitchens and bathrooms, and abundant natural light from all four sides of the building. The desirable 3 x 2-bedroom configuration supports strong rental demand and broad tenant appeal. Ideally located just minutes from Montfort Hospital, downtown Ottawa, schools, shopping, restaurants, community centres, public transit, parks and Highway 417, this property combines stable income, convenience, and long-term appreciation potential. A turnkey triplex opportunity in a high-demand, growing rental area of the city. Documentation available upon accepted offer: current leases, tax bill, insurance details, available utility bills, and available renovation invoices. Photos taken before tenancy. (id:50982)

Casselman, Ontario

Excellent investment opportunity in the heart of Casselman! This versatile triplex offers a great mix of residential and commercial income potential. The main house has been fully renovated inside and features a beautiful new kitchen, bright and spacious living and dining areas, a convenient main floor 2-piece bathroom with washer/dryer connection, plus two bedrooms and a 4-piece bathroom on the second level. This unit offers flexibility and could potentially be rented as residential or commercial space. The low unfinished basement provides additional storage. The property also includes a commercial office space already rented as a hair salon, plus a separate upper garage apartment featuring 2 bedrooms and an open-concept kitchen, dining, and living area, also already rented. Two large commercial garages offer even more rental potential. With multiple income streams, excellent visibility, and a central location, this property is ideal for investors or owner-occupiers looking to expand their portfolio.(House is currently vacant and can be rented for $2400 no heat or hydro, apt is rented for $1800 per month heat and hydro included, Salon is rented for $850 per month heat and hydro included, both garage doors are currently rented for $800 per month for both.) (id:50982)

Casselman, Ontario

Excellent investment opportunity in the heart of Casselman! This versatile triplex offers a great mix of residential and commercial income potential. The main house has been fully renovated inside and features a beautiful new kitchen, bright and spacious living and dining areas, a convenient main floor 2-piece bathroom with washer/dryer connection, plus two bedrooms and a 4-piece bathroom on the second level. This unit offers flexibility and could potentially be rented as residential or commercial space. The low unfinished basement provides additional storage. The property also includes a commercial office space already rented as a hair salon, plus a separate upper garage apartment featuring 2 bedrooms and an open-concept kitchen, dining, and living area, also already rented. Two large commercial garages offer even more rental potential. With multiple income streams, excellent visibility, and a central location, this property is ideal for investors or owner-occupiers looking to expand their portfolio. (House is currently vacant and can be rented for $2400 no heat or hydro, apt is rented for $1800 per month heat and hydro included, Salon is rented for $850 per month heat and hydro included, both garage doors are currently rented for $800 per month for both.) (id:50982)

Ottawa, Ontario

A rare opportunity to own a fully legal, code-compliant triplex with over $300,000 in premium renovations-perfect for investors or owner-occupiers. This beautifully updated century home offers three self-contained units (1-bed basement, 1-bed main floor, and a spacious 2-bed upper unit with loft), each with in-unit laundry and modern finishes, while preserving its original character.Highlights include 200 AMP electrical service, all-new plumbing, hardwood and laminate flooring, upgraded kitchens, added powder room, and parking for two. The exterior features fresh paint, new stairs, retaining walls, interlock walkway, and professional landscaping.A true turnkey investment combining strong rental potential, modern upgrades, and timeless charm in a prime location. (id:50982)

Ottawa, Ontario

Well-maintained triplex on an oversized lot with over 84 ft of frontage, offering a rare opportunity to blend immediate cash flow, owner-occupancy potential, and long-term redevelopment upside. The property generates $48,192 annually with a net operating income of $31,582, featuring a spacious upper-level 3-bedroom unit ideal for an owner-occupant, complemented by two lower-level studio apartments to help offset carrying costs. Unit 1 and Unit 2 are currently on month-to-month leases, while Unit 3 is leased until July 31, 2026. This property has been meticulously maintained by long-term ownership, with clear pride of care throughout and very little deferred maintenance, allowing a new owner to step in and operate with confidence and minimal immediate capital requirements. Major capital improvements include a new roof (2014), driveway expansion and repaving, landscaping and regrading, masonry repairs, and a PVC privacy fence. For investors, this is a balanced asset with solid in-place income and clear upside. For end users, it presents a unique opportunity to live in a larger unit while generating meaningful rental income. The 84 ft frontage further enhances the property with strong future potential for redevelopment, severance, or expansion, making this a versatile acquisition in a market where opportunities like this are increasingly rare. (id:50982)

Ottawa, Ontario

Welcome to 375 St-Denis, a well-maintained triplex in Ottawa’s east end, offering a strong opportunity for investors looking to acquire a multi-unit property with solid fundamentals. This fully tenanted building features three self-contained units generating approximately $58,000 in gross annual income. Unit A is a 2-bedroom, 1-bath basement apartment with long-term tenants. Unit B is a spacious 2-bedroom plus den, 1-bath unit with recent renovations. Unit C is a bright 2-bedroom, 1-bath unit featuring a recently updated large kitchen, in-unit washer and dryer, and access to a large exterior deck. The property has been consistently maintained and offers a straightforward layout that is easy to manage. With a mix of updated features and functional unit configurations, it appeals to a broad tenant base. Located close to public transit, schools, parks, and everyday amenities, the area continues to support steady rental demand. An excellent addition to any portfolio, with potential for further optimization over time. (id:50982)

Ottawa, Ontario

Prime mixed-use opportunity in the heart of Centretown. This detached 2-storey property offers flexible TM zoning allowing for residential, commercial, or mixed-use, making it ideal for investors, business owners, or live/work scenarios. Currently configured as two self-contained units and a bonus accessory unit with a separate vestibule entrance, with the option to convert to a 4-bedroom residential layout.Positioned on a 110 ft deep lot with ample on-site parking, this well-maintained building is clean, functional, and full of upside. The main level was previously operated as a restaurant and is set up to meet fire and safety requirements (buyer to verify), while the upper unit features a private balcony. The property also includes a dry basement, adding usable storage or future potential.Recent updates include over $80,000 in upgrades and major components such as roof, furnace, and A/C (approx. 2013-2014). According to MPAC, the property is recognized as a triplex with residential and commercial/industrial use, providing strong long-term flexibility and redevelopment potential.Unbeatable location just steps to Little Italy, Chinatown, LeBreton Flats, and within walking distance to the LRT, offering excellent access to transit, amenities, and future growth.Investor bonus: opportunity to acquire the neighbouring property for a potential land assembly.A rare, versatile asset in a high-demand urban corridor. Great for an investment now, maybe a owner-operated unit in the future! (id:50982)

Ottawa, Ontario

Excellent investment opportunity in the heart of vibrant Vanier! Welcome to 208 Montfort Street, a well-maintained triplex offering strong income potential and excellent versatility for investors or owner-occupants alike. Ideally located close to downtown Ottawa, public transit, shopping, restaurants, parks, schools, and everyday amenities, this property provides convenience and accessibility in a rapidly growing neighbourhood. The building features three self-contained units with functional layouts, bright living spaces. Apt #204, Basement, has one bedroom, living room, kitchen & 3 pieces bathroom. Apt #206 & #208 have two bedrooms, living room, kitchen and 3 pieces bathroom each. Large windows throughout allow for plenty of natural light, while the property offers ample parking and outdoor space for tenant enjoyment. A fantastic opportunity to add to your investment portfolio with potential for steady rental income in a centrally located area close to employment hubs, University of Ottawa, and major commuter routes. Whether you are looking to live in one unit while generating rental income from the others or seeking a fully tenanted income property, this triplex offers exceptional value and long-term potential in one of Ottawa’s established urban communities. (id:50982)