$700,000 – $800,000 Triplex For Sale

Ottawa, Ontario

Perfect for a growing family, multi-generational living, or a prime investment opportunity with strong income potential! Choose your own tenants!! Welcome to this versatile duplex, formerly a triplex, situated on a generous 47 x 113 ft lot and zoned R4 – offering excellent redevelopment and value-add potential. The current configuration includes a spacious 3-bedroom unit and a well-sized 2-bedroom unit, both featuring no carpet throughout for low-maintenance ownership and long-term durability.The lower level, previously used as a third unit, provides additional income potential and flexibility for future optimization. An attached garage adds tenant appeal and rental value. With all units currently vacant, investors and owner-occupiers benefit from the rare opportunity to move in immediately, set market rents, and strategically select tenants.Ideally located just minutes from downtown Ottawa, this property offers strong rental demand driven by proximity to transit, parks, schools, and major amenities. Recent updates including PVC windows and a newer roof reduce near-term capital expenses. With three separate hydro meters already in place, operating costs can be efficiently managed and passed on to tenants.Whether you’re building your rental portfolio, accommodating extended family living, or targeting long-term appreciation and redevelopment upside, this property delivers flexibility, location, and income growth potential in one complete package. (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

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

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:50982)

Ottawa, Ontario

Prime Glebe/Little Italy 5.5 CAP: Triplex 446 Cambridge Street South, Ottawa. Discover exceptional income potential in one of Ottawas most walkable and vibrant neighbourhoods. Perfectly situated between the Glebe and Little Italy, this property is steps from 24/7 conveniences such as McDonalds, Tim Hortons, grocery and convenience stores, and direct bus service to Carleton University and University of Ottawa. The O-Train, boutique shops, diverse restaurants, and the natural beauty of Dows Lake and Commissioners Park are all within a short stroll. This quiet, well-maintained triplex features: Two one-bedroom apartments and one two-bedroom apartment, each with in-unit laundry and fully occupied. Recent upgrades that enhance value and reduce maintenance:Tankless on-demand hot water system (2025),New roof (2023), Fresh asphalt paving (2025), Updated kitchens, bathrooms, and flooring (2023), The thoughtfully designed layout appeals to young professionals, students, and urban dwellers, ensuring strong rental demand year after year. Nearby highlights include Dows Lake Pavilion, Lansdowne Park, and Preston Streets dining district, plus quick access to Carleton University, University of Ottawa, and Algonquin College.Whether you’re looking to expand your investment portfolio or live in one unit while earning income from the others, this Triplex delivers long-term stability, modern efficiencies, and a location that remains one of Ottawas most desirable. ***Some photos are digitally Staged*** (id:50982)

Ottawa, Ontario

Welcome to 70 Anderson Street – a fantastic investment opportunity in the heart of Little Italy. This handsome 2-1/2 storey red brick triplex, complete with an addition, is perfectly positioned to Preston Street and Chinatown, offering unbeatable walkability and strong rental appeal. The property features three well-laid-out units: Apt 1 – a 1-bedroom apartment, Apt 2 – a bachelor apartment, Apt 3 – a two-level spacious 2-bedroom apartment. Key updates include a new furnace (2026), kitchen and bathroom remodel in Apt 2 (2021), a kitchen and bathroom remodel in Apt 1 (2015), a rebuilt front exterior retaining wall (2024), an interlock metal roof (2013), and a reconstructed 2-storey front porch (2010). Additional conveniences include coin-operated laundry in the basement. Please note: restricted showing times with 24 hours’ notice required. A solid addition to any portfolio-don’t miss this opportunity! 24 hour irrevocable. (id:50982)