Over $1,000,000 Triplex For Sale

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LOADING

For sale
$1,090,000
154 COLUMBUS AVENUE, Ottawa, Ontario

154 Columbus Avenue

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 fully occupied property features three spacious units, each offering 2 bedrooms and 1 bathroom. Unit 1 (main floor) currently pays $2200/month. Unit 2 (upper level) currently pays $2100/month (tenants are vacating March 31st – set your new 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)

6 Bedroom 3 Bathroom 2,000 – 2,500 ft2
For sale
$1,150,000
1702 RUSSELL ROAD, Ottawa, Ontario

1702 Russell Road

Ottawa, Ontario

Purpose-Built Brick Triplex in a Prime Location! Ideal as multi-generational home. A property you can easily envision calling home while generating income. This well-maintained triplex offers two spacious 3-bedroom units (over 1000 sqft each) and one bright 2-bedroom basement (865 sqft) apartment with walkout. Renovations completed in 2023- Apts 1 and 2 include – IKEA kitchens including sink, faucets, countertop and backsplash tile, vinyl flooring in hallways, living/dining room, newer appliances and vanity in bathroom; Apt B – bathroom vanity. Tenants pay their own hydro, keeping operating costs low. The basement and second-floor apartments share a common laundry room, while Apartment 2 features a convenient in-unit stackable washer and dryer in the bathroom. Each unit is well divided, bright, and generously sized ideal for tenants or owner-occupiers alike. The 3 apartments feature eat-in kitchens, plus Apt #1 and #2 have option of a large living room area or combined living/diningrm. Apt#1 and #2 have similar layouts. All three units are currently tenanted on month to month. Roof 2005 with 25 year shingles. Newer windows. Large backyard 52′ x 110′ with interlock patio. An investment opportunity live in one unit and collect income from the others. Located within walking distance to Elmvale Acres Shopping Mall, and close to The Perley, CHEO, The Ottawa General Hospital, schools, and Trainyards, this property offers unmatched convenience and appeal for both investors and residents. 24 hour notice for showings. (id:50982)

8 Bedroom 3 Bathroom 2,000 – 2,500 ft2
For sale
$2,199,999
36 ONTARIO STREET, Ottawa, Ontario

36 Ontario Street

Ottawa, Ontario

Experience a rare blend of modern luxury and high-yield investment at 36 Ontario Street, a stunning 2016-built triplex generating over $124,000 in annual rental income. Nestled on a quiet street just steps from the Rideau River, this property offers an unparalleled lifestyle in a thriving neighbourhood, all while staying minutes from downtown Ottawa and within walking distance to every imaginable amenity. Boasting approximately 7,500 square feet of sophisticated interior space, the building is defined by its striking stone facade and premium finishes. Inside, you will find hardwood flooring, quartz countertops, custom cabinetry, nine-foot ceilings, and massive windows that bathe every floor in natural light. The exterior is designed for both security and leisure, featuring four private balconies, a garage, and an expansive rooftop patio capable of hosting 20 or more guests, all protected by a modern camera system. The floor plans are remarkably generous and versatile. Unit 1 offers three bedrooms, a main-floor office, three full bathrooms, and exclusive access to the rooftop terrace. Unit 2 is exceptionally spacious, providing five bedrooms plus a den, three and a half bathrooms, three separate entrances, and a cold storage room. Unit 3 completes the building with four bedrooms plus a den and two and a half bathrooms. The investment potential here is truly future-proof. Unit 2 is already roughed-in for a kitchen and features a separate entrance, providing a straightforward path to a legal four-plex conversion. Furthermore, the property sits within the City of Ottawa’s newly approved N4B zoning transect. This powerful designation supports significant intensification, allowing for heights up to four storeys and expanded permissions for multi-unit or professional mixed-use redevelopment. With strong existing income, high-end modern finishes, and flexible growth potential, 36 Ontario Street represents a rare and prestigious opportunity in the heart of the capital. (id:50982)

12 Bedroom 9 Bathroom 5,000 – 100,000 ft2
For sale
$1,300,000
55 IVY CRESCENT, Ottawa, Ontario

55 Ivy Crescent

Ottawa, Ontario

Exceptional Investment Opportunity – Purpose-Built Triplex + Studio in Prestigious New Edinburgh/Lindenlea Rarely offered, this meticulously maintained all-brick purpose-built triplex plus separate studio/workshop (could be a great GYM) is part of a double detached garage. Truly turnkey property offering strong income, Property Overview – Unit 1 (Lower Level): 1 bedroom, leased at $1,850/month + hydro. Hardwood floors, spacious kitchen, and fully renovated modern bathroom (2025).Unit 2 (Main Floor – Vacant): 2 bedrooms, market rent $2,500/month. Refinished hardwood floors, renovated bathroom, large eat-in kitchen, oversized deck, and garden access. Unit 3 (Second Floor): 2 bedrooms + den and an Solarium, rented at $2,500/month + hydro. Hardwood throughout, renovated kitchen and bath, private laundry. Studio/Workshop (Vacant): Insulated with separate electrical panel, market rent $500/month. Ideal for studio, office, or GYM or simply added income. Detached Garage with expansion potential. Additional Features Enclosed rear staircase, shared laundry (Units 1 & 2), gas-fired hot water heating, window A/C unit in basement apartment Multi-car driveway (tandem)plus garage parking, professionally painted throughout, and excellent long-term tenants in Units 1 & 3.Recent Upgrades – Foundation waterproofing, new flooring, owned hot water tanks, roof replacement, restructured rear stairs and deck, upgraded appliances, new faucets, dishwashers added, renovated bathrooms, and refinished hardwood floors. Location Steps to Global Affairs, Beechwood Village, leisure pathways along the Ottawa & Rideau rivers, walking distance to the Byward Market and Governor General’s Residence. A truly special property offering flexibility, character, and premium rental income. Full financials available on agent website. 5.4% Cap. NOI $70,256 Covers $1,250,000 in mortgage at current rates a true money maker! (id:50982)

5 Bedroom 3 Bathroom 1,500 – 2,000 ft2
For sale
$1,899,900
386-388 FIRST AVENUE, Ottawa, Ontario

386-388 First Avenue

Ottawa, Ontario

Welcome to 386-388 First Avenue! An exceptional opportunity to own TWO charming SEMI-DETACHED homes or DOUBLE SIDE-BY-SIDE in the heart of The Glebe, one of Ottawa’s most sought-after urban neighbourhoods. Live in one and rent the other, or rent both. 386 First Avenue features a warm and inviting living room with a wood-burning fireplace, formal dining room, kitchen with a breakfast nook, Four generous bedrooms, two bathrooms, den and a versatile third-floor loft ideal as a home office, studio, or playroom. 388 First Avenue mirrors the layout but includes 3 bedrooms – perfect for extended family, guest rental income, or guest space. Each home boasts its own private backyard with deck, a single detached car garage, and a dedicated laneway with parking for up to 5 additional vehicles. Lower finished level offers laundry area, living space with walkout and tons of storage. Both units are ideal for owner-occupancy with income, multi-generational living, or full rental conversion into triplex or fourplex, subject to City of Ottawa zoning and approvals. Steps to Bank Street, Glebe Community Centre, parks, Lansdowne, top-rated schools, and Carleton University. Quick access to public transit and Hwy 417 makes this location incredibly attractive for tenants and future resale. Invest in the Glebe and unlock the full potential of this character-filled property in one of the City’s highest-demand rental markets. This property blends character, functionality, and convenience. Whether you’re an investor looking to convert to a multi-plex or looking for multi-generational living, this is a unique opportunity you won’t want to miss! Located short distance from the upcoming brand-new Civic Hospital Campus, this home is perfect for healthcare professionals and proximity to medical services. Be our guest and book your private viewing today! (id:50982)

7 Bedroom 4 Bathroom 3,000 – 3,500 ft2
For sale
$1,850,000
460 WILBROD STREET, Ottawa, Ontario

460 Wilbrod Street

Ottawa, Ontario

Prime Triplex – Immediate Cash Flow & Upside in Ottawa’s Hottest Neighbourhood: Sandy Hill. This exceptional triplex at 460 Wilbrod Street offers proven income and strong appreciation potential in one of Ottawa’s most sought-after, walkable communities. The main level delivers a versatile 2-bath, 3-bedroom (or optional 4-bedroom) residence with dramatic 12-foot ceilings, a brilliant open floorplan, and an exclusive 3-tier deck designed for seamless outdoor entertaining. The second-floor unit captivates with 10 foot ceilings, a chef-grade kitchen, a unique sunken bedroom/studio accented by exposed brick, and two more large bedrooms, including a luxurious primary suite with private ensuite. The third-floor suite commands attention with an impressive rooftop deck, vast open-concept living space, and two well-proportioned bedrooms. The basement boosts revenue with three rentable bedrooms, a full bath, kitchenette, and profitable coin-operated laundry. A detached garage and ample surface parking elevate the asset’s appeal. Make your move for this investment gem. Fully leased units ensure instant cash flow and growth upside. Modern enhancements feature advanced exterior insulation for optimal energy savings and refined brick-veneer recladding. Three hydro meters streamline operations. Positioned mere steps from fine dining, art galleries, Parliament Hill, and the University of Ottawa. Ideal for smart investors maximizing returns. Secure your exclusive tour today and claim this standout opportunity. (id:50982)

12 Bedroom 6 Bathroom 3,500 – 5,000 ft2
For sale
$1,474,800
350 FIFTH AVENUE, Ottawa, Ontario

350 Fifth Avenue

Ottawa, Ontario

350 Fifth Avenue offers a rare opportunity to own a legal triplex with a bonus bachelor suite in the heart of the Glebe, just steps from Carleton University, Lansdowne Park, and the Rideau Canal. Two units are now leased beginning September 2025 (Unit 1 at $2,500/month and Unit 3 at $1,650/month), while the remaining units provide flexibility for new tenancies or owner-occupation.This charming brick property features a versatile mix of units: two spacious 3-bedroom apartments, a 1-bedroom unit, and a self-contained bachelor suite in the basement. The upper units showcase high ceilings, large windows, and timeless architectural details that tenants love, along with private south-facing decks for summer enjoyment. All units have been recently painted, repaired, and refreshed.The property has strong rental potential, with income from coin-operated laundry and parking, and an estimated total of up to $8,000/month when fully leased. Utilities are separated with four hydro meters, while heating and hot water are provided through a newly installed, owned, high-efficiency furnace and on-demand system (2025). An owned coin-operated washer and dryer (2023) add further income. Four on-site parking spaces and a co-owned shared driveway complete the package.An exceptional income property in one of Ottawas most sought-after rental markets. (id:50982)

8 Bedroom 4 Bathroom 2,000 – 2,500 ft2
For sale
$1,499,000
391 GREENWOOD AVENUE, Ottawa, Ontario

391 Greenwood Avenue

Ottawa, Ontario

Westboro in your portfolio! Outstanding all brick purpose built triplex desirably situated on a 49.02′ x 66.0′ lot. Spacious units. 2 x two-bedroom units and 1 x one-bedroom. Two driveways, plenty of parking. Separate hydro meters. All units have A/C. Recently refreshed units with third unit added to basement in 2024. Upside: coach house can be added to the backyard. Existing income is excellent. This is a generational asset in a premium location. (id:50982)

2 Bedroom 1 Bathroom 1,500 – 2,000 ft2
For sale
$1,998,000
193 HOPEWELL AVENUE, Ottawa, Ontario

193 Hopewell Avenue

Ottawa, Ontario

Welcome to 193 Hopewell Avenue – an outstanding, fully vacant, newly built semi detached Triplex in one of Ottawa’s most coveted urban neighbourhoods. This turnkey property features three contemporary units, each meticulously designed with modern living and long-term investment performance in mind. All suites offer bright, open-concept layouts with sleek, contemporary kitchens, clean architectural lines, and generous natural light-creating inviting spaces for both everyday living and entertaining. Each unit includes brand-new appliances, individual hydro and gas meters, and efficient mechanical systems, providing convenience, autonomy, and strong investor appeal. The primary bedrooms in every unit feature private ensuites, while two additional bedrooms and a second full bathroom offer flexible space for guests, family, or work-from-home needs. Perfectly positioned just steps to Bank Street’s boutiques and cafés, Lansdowne Park, the Rideau Canal, top-tier schools, Carleton University, and major transit connections, this property delivers an exceptional blend of lifestyle, walkability, and enduring value.A rare, modern, and fully turnkey investment opportunity in one of Ottawa’s most desirable locations. (id:50982)

9 Bedroom 6 Bathroom 2,000 – 2,500 ft2
For sale
$1,595,000
93-95 LOWER CHARLOTTE STREET, Ottawa, Ontario

93-95 Lower Charlotte Street

Ottawa, Ontario

Welcome to 93-95 Lower Charlotte, built around 1907. Since 2003, all systems were updated… electricity: 100 amp service to 300 amp … plumbing: lead pipes and cast iron to copper and ABS… remove most lath and plaster and installed insulation and sheetrock (5/8), replaced flooring with hardwood, laminate, vinyl or ceramic throughout. Built 5 new bathrooms and 1 powder room. Installed 3 full kitchens. The back and side bricks were replaced by vinyl siding and hardy-board. The front bricks and wooden entrance was replaced by new bricks and concrete stairs and landing. A rooftop deck, second floor balcony and a deck off of the 93 kitchen. 93-95 Lower Charlotte is a legal non-conforming Triplex… 93 Lower Charlotte has 2 bedrooms, 1-4pces en-suite and 1-powder room. Approx. 1,400 sq. ft. The main floor has Living/Dining area, powder room, renovated kitchen with access to large private deck. The second floor has a Master bedroom with access to balcony, walk-in closet and 4-pces ensuite, laundry room and a second bedroom with a Murphy bed. 95 Lower Charlotte has 2 bedrooms, a 4-pces bathroom and a kitchen on the main floor. On the second floor, there are 3 bedrooms, a 4-pces bathroom and a kitchenette with access to the front balcony. The third, located on third floor of 93-95 has private access from the back entrance. This unit 3 bedrooms, 2 3-peices bathrooms and a kitchen/living area. This unit has exclusive use of the roof-top deck with BBQ. TOTAL EXPENSES: Taxes – $11,699.00, Wifi – $1,573, Hydro – $2,690.00, Water – $1,713.43, Gas – $3,656.70 , Insurance: $5243.00 Total Operating Expenses is: $26,575.00. RENTAL REVENUES: Unit -1 at 93 : $2600 mth, Unit -2 at 95 : $3450.00, Unit – at 93-95 : $2350. TOTAL Rental Income: $8,400 * 12 = $100,800.00 ( rent includes all utilities) Net Operating Income (NOI) is $74,225.00. Capitalization Rate is : 4.4 ($74,225.00 / $1,695,000) There are 4 legal Parking spaces. (id:50982)

10 Bedroom 6 Bathroom 3,500 – 5,000 ft2
For sale
$1,495,000
67 PINHEY STREET, Ottawa, Ontario

67 Pinhey Street

Ottawa, Ontario

This is no standard triplex! The homes exterior sets it apart from most other designs in the neighbourhood. This light-filled triplex was constructed in 2014. Massive garage is fully insulated, heated & can be used as a workshop year-round. The main portion of the building is a spectacular 1200 sq ft, two-level living space. Great for owner-occupier. There is also a separate one-bedroom unit on the ground floor, as well as another one bedroom basement suite. This beautifully designed triplex offers versatile options, such as multigenerational living, an owner occupant seeking to Airbnb the other units or for 3 young professionals to purchase together & have their private residences. The 2 level unit is an elegant, refined space filled with pine floors, natural wood finishes & light colours. Open concept living/dining/kitchen is a sunny oasis with two-storey window facing west. Incredible outdoor yard/patio off the living room is a highlight. Built out over the expansive garage, featuring decks, astroturf area, greenery, etc. Upper level has the primary bedroom leading to a spacious deck. Ensuite bathroom features freestanding tub, glass shower, concrete sink & powder room for privacy. Additional den/office bedroom overlooking the main level. Built-in speakers inside & out. Renting on average for $4000 per month through Airbnb. First floor unit is a spacious 1 bedroom w/ full bath, white kitchen, office nook & oversized patio doors to front deck. Rented since 2018, $1875 + utilities. Lower level unit is a 1 bedroom with built-in desk, 3 piece bath & radiant floor heat. Rented for $1500 + utilities. Washer/dryer in each unit. Quartz counters. Separate heating, ventilating & air conditioning systems. Hot water on-demand. Landlord only pays water. Quality construction with pride of ownership. Walk to all that Hintonburg/Wellington Village has to offer! Minutes to downtown, Lebreton Flats, Little Italy & the Ottawa River. 24 hrs notice for showings/offers. (id:50982)

3 Bedroom 3 Bathroom 1,500 – 2,000 ft2
For sale
$1,049,900
100 LAURIER STREET, Casselman, Ontario

100 Laurier Street

Casselman, Ontario

Incredible Investment Opportunity in the Heart of Casselman No Rear Neighbours! This well-maintained triplex is ideally located in the vibrant and growing community of Casselman, offering a rare chance to own a fully leased income-generating property. Each of the three spacious units features 3 bedrooms, 1.5 bathrooms (3-piece + 2-piece), in-unit laundry, and a thoughtfully designed layout that appeals to quality tenants. Set on a private lot, the building offers six dedicated parking spaces two per unit for added convenience. All units are currently leased, including one on a month-to-month basis, providing both immediate cash flow and flexibility for the new owner. Whether you’re a seasoned investor looking to expand your portfolio or a first-time buyer hoping to live in one unit while renting the others, this property checks all the boxes. With strong rental potential, a prime location near local amenities, and steady income, this is an opportunity you don’t want to miss. For a full financial breakdown or to schedule a private viewing, don’t hesitate to reach out! Revenue and expense availlable upon request. In attachments for realtors. (id:50982)

9 Bedroom 5 Bathroom 2,500 – 3,000 ft2

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