$900,000 – $1,000,000 Triplex For Sale

Ottawa, Ontario

A solid brick, income-producing non-conforming triplex situated on a generous 6,717 sq ft lot with Mainstreet zone 1 (MS1) zoning, allowing a range of commercial uses and unlocking significant future development potential. The property is fully tenanted; however, two tenants have provided notice. Units are actively being re-leased but vacant possession could be arranged.The building has been well maintained, with major upgrades completed in 2011, including plumbing, electrical, windows, kitchens, and bathrooms. Additional improvements include a sprinkler system, spray-foam insulation in the basement, and two new high-efficiency furnaces installed in 2025. Flooring consists of hardwood, and tiling. The property offers two driveways, ample parking, and a large rear yard extending behind the adjacent property. With 70 feet of frontage, the site may support further development. Located just off Merivale Road, this is a prime position near the Westgate Mall redevelopment, with easy access to public transit, the bicycle path running along the Experimental Farm to Carleton University, and shopping along Carling and Merivale. An excellent addition to any portfolio, with strong income today and compelling upside in a rapidly regenerating neighbourhood. 24-hour notice required for showings. Units One 3-storey, 1-bedroom townhouse-style unit with private entrance and fenced yard. Currently listed at $1,695/month. The third floor offers potential to dormer for additional bedroom space. One 2-storey, 2-bedroom apartment currently listed at $1,900/month. One main-floor bachelor apartment rented at $1,375/month. Expenses – Insurance: $3,713.00, Taxes: $4,284.97, Hydro: $1,020.00, Gas: $1,033.00, Water: $1,280.00 *Some photos have been virtually edited to remove personal items and reduce clutter* (id:50982)

Ottawa, Ontario

Situated in the heart of sought-after Old Ottawa South, this classic 3-storey brick triplex offers an exceptional investment opportunity with 3 self-contained residential units and strong income potential. Ideally located within walking distance to shops, restaurants, parks, public transit, and Carleton University, this well-maintained property combines character, functionality, and convenience in one of Ottawa’s most desirable neighbourhoods. The main floor apartment features 2 bedrooms and 1 bathroom and is currently rented for $1,750/month + hydro. This unit offers updated flooring and kitchen, inside and rear access, as well as in-unit laundry with washer and dryer. The second floor apartment spans the second and third levels and is currently rented for $2,020/month + hydro. Offering 3 bedrooms, this spacious unit features a large living room with balcony access, updated 4-piece bathroom, laminate flooring, and a functional kitchen with in-unit laundry. The basement apartment offers excellent additional income potential with a projected market rent of approximately $1,500/month + hydro. This self-contained 1-bedroom unit includes an updated bathroom, renovated kitchen with eating area, living room, and in-unit laundry. A rare opportunity to own a versatile multi-unit property in a prime urban location with easy access to downtown, Lansdowne, Rideau Canal pathways, and everyday amenities. 24 hours notice, 24 hours irrevocable. (id:50982)

Ottawa, Ontario

Purpose built triplex on a deep lot. Zoning (R4-UA) would allow you to expand this building. Great cash flow and tenants pay their own Hydro. Good location close to schools, parks, transit and shopping. Peak metal roof. Gas Furnace (2024).More then $150,000 in renovations includes Kitchens, Bathrooms, Flooring, Fire Alarm, Front door entrance, etc. 4 electrical metres outside. Bsmt 1 Bedrm $1,700, Main Flr 2 Bedrm $2,100, Upstairs 2 Bedrm $2,000. Average Laundry income $100/mth. Annual Expenses $15,102. Annual Income $70,800. Net Income $55,695. (id:50982)

Ottawa, Ontario

Exceptional investment opportunity in the heart of North Gower, offering immediate income and outstanding future development potential. Positioned prominently at the intersection of Roger Stevens Drive and Fourth Line Road, this unique land assembly includes two fully tenanted triplex buildings along with a commercially zoned parking lot situated between them. The parking area accommodates approximately 10-12 vehicles and features a versatile outbuilding currently utilized for storage. With Village Mixed Use (VM) zoning, this property presents remarkable flexibility for a wide range of commercial, residential, or mixed-use possibilities. Whether you’re seeking a strong income-generating asset, a strategic land holding, or a site with exciting redevelopment prospects, this offering delivers exceptional value and long-term upside in a growing community. *Lot size is based on all three properties. (id:50982)

Ottawa, Ontario

Fantastic triplex in the heart of Ottawa, ideal for investors or owner-occupants! Discover an exceptional living experience with this well-maintained triplex located in one of Ottawa’s most vibrant and sought-after neighborhoods. Just minutes from downtown, this property offers unbeatable access to the Byward Market, Parliament Hill and the University of Ottawa. Restaurants, shops, and entertainment, everything the city has to offer is at your doorstep. Steps from bike paths along the Rideau Canal, public transit, and major downtown attractions. Perfect for outdoor enthusiasts, students, and professionals alike. The spacious versatile main-floor unit features 3-4 bedrooms, a generous living/dining area, and a beautiful screened-in porch. Ideal for tenants working from home, with flexible space for an office. Two additional units includes one 2-bedroom unit and a 1 bedroom unit, great for consistent rental income. On-site parking & garage, a rare find in central Ottawa provides valuable convenience in a high-demand area. This triplex offers the perfect blend of lifestyle, location, and investment potential. Whether you’re looking to live in one unit and rent out the others, or add a solid income property to your portfolio, this is a must-see opportunity. (id:50982)

Ottawa, Ontario

Incredible opportunity to own a triplex steps from the Rideau Canal in the highly sought-after Old Ottawa East. This property offers exceptional potential to redevelop, expand, or add on, supported by three separate entrances and a rare oversized driveway. Located just moments from the Flora Footbridge, enjoy direct pedestrian access to the Glebe, Lansdowne, Whole Foods, TD Place, and year round festivals. Walk to Main Street’s cafés, restaurants, shops, and community amenities, or cycle the extensive canal and river pathways that make this one of Ottawa’s most walkable and bike-friendly neighbourhoods. Ottawa University is approx. 5 minutes away, Parliament Hill about 10 minutes, and transit, parks, and schools are all within easy reach. Whether held as a strong income property or transformed through redevelopment, this triplex sits in a rapidly evolving, high-demand urban pocket where lifestyle, connectivity, and long-term value converge. A rare chance to secure a centrally located property with outstanding upside in one of Ottawa’s most desirable communities. Some photos are digitally enhanced. 24 hours irrevocable on all offers. 48 hours notice required for all showings. 5 bedrooms & 2 kitchen above grade, 2 bedrooms & 1 kitchen below grade. (id:50982)

The Nation, Ontario

Welcome to this well-maintained triplex condo offering three spacious, fully tenanted units-an ideal addition to any investment portfolio. Each unit features a generous layout with walk-in closets and cozy gas fireplaces, adding comfort and appeal for tenants year-round. The top and middle level units enjoy private balconies, providing desirable outdoor living space. Located in the growing community of Limoges, this property offers stable rental income with strong long-term potential. A turnkey investment you won’t want to miss (id:50982)

Ottawa, Ontario

This move-in ready triplex is ideally located just 10 minutes from downtown Ottawa, offering exceptional convenience and lifestyle. Situated within walking distance to NCC paths, the Experimental Farm, transit, shopping, schools, hospitals, and more, it’s a rare opportunity in a prime location. The main unit features three bedrooms and is perfect for owner occupancy, with its own private entrance, in-unit laundry, a sunny back deck, and a charming front garden. Inside, the home is bright and spacious, showcasing an open-concept great room, a modern kitchen with granite countertops, updated flooring, and fresh paint throughout. The lower level includes two bright and inviting one-bedroom units, each with its own separate entrance and access to a shared laundry area. Currently fully tenanted at $1213.98 (unit 1), $1208.22 (unit 2) and $2750.00 (unit 3) Showings available on Tuesdays, Fridays , or Sunday aftenoons (id:50982)