Over $1,000,000 Triplex For Sale

Ottawa, Ontario

Landmark corner triplex in the heart of the Glebe offering refined owner occupied living with excellent income and potential and over 4,775 sq ft of total living space. The award winning main residence, recipient if the 2019 GOHBA Best Renovation over $500K and featured on the 2023 Glebe Tour of Homes, underwent an extensive renovation and addition in 2017 and 2018 with exceptional craftsmanship and high end finishes throughout. The luxurious owner occupied main level unit offers 3+1 bedrooms plus a recreation room and 2+1 bathrooms. Thoughtfully designed open concept living spaces are paired with outstanding soundproofing for comfort and privacy. Enjoy a wrap around front porch and two private courtyards with low maintenance landscaping and quality exterior finishes that create seamless indoor outdoor living. Two well proportioned income suites with a separate entrance at 641 Lyon St S each feature generous private outdoor areas and dedicated parking. Unit #2 includes 2 bedrooms and 2 bathrooms with an ensuite and was renovated in 2012. Unit #3 offers 2 bedrooms, one of which is a loft-style bedroom ideal for a home office or flexible space, along with 1 bathroom. A rare triple car garage, and oversized laneway adds significant value for the area. Strong net income and potential for future 4th unit in the basement to further enhance the investment profile. A distinguished multi residential opportunity in one of Ottawa’s most established and vibrant neighbourhoods. This property is exceptional! (id:50982)

Ottawa, Ontario

Exceptional opportunity to own a legal triplex in the heart of Sandy Hill-just steps to the University of Ottawa and walking distance to downtown, transit, shops, and restaurants. Whether you’re looking for a strong income property, a multi-generational home, or the flexibility to live in one unit while renting the others, this property offers unmatched versatility. This fully tenanted triplex generates solid income with a projected annual revenue of over $73,000, with tenants paying hydro and separate metering in place for all three units. The building has been extensively upgraded, including a complete basement redevelopment with new plumbing, electrical, structural support, and a full waterproofing system. Major improvements also include a 200 AMP service, updated kitchens (2015), metal roof with lifetime warranty (2016), leaf-guard eavestroughs (2018), updated windows, and new exterior doors. Unit mix includes a bright 2-bedroom unit with modern finishes, a renovated 1-bedroom with long-term tenant, and a spacious 3-bedroom + loft with consistent rental demand. Four parking spaces at the rear add further value. With strong rental history, minimal vacancy, and significant capital improvements already completed, this is a rare turnkey opportunity in one of Ottawa’s most desirable rental locations. (id:50982)

Ottawa, Ontario

Stately all-brick triplex in the heart of Centretown- an exceptional turnkey investment opportunity just steps to shops, restaurants, transit, and all urban amenities. Situated on a quiet one-way street surrounded by beautifully renovated homes, this meticulously updated property (2012) blends timeless character with modern finishes throughout. Offering three self-contained units, this property features two spacious 3-bedroom apartments plus a 1-bedroom lower unit, each with in-suite laundry and tenants paying hydro-an ideal setup for strong, consistent income. Apt. 1 -The main floor OWNER’S SUITE (approx. 1915 sq ft) is a standout, showcasing a bright open-concept layout with a luxurious kitchen featuring extensive quartz countertops, high-end stainless-steel appliances, and an oversized eat-in bar that comfortably seats six-perfect for entertaining. The expansive living and dining area is anchored by a gas fireplace with custom built-ins, creating a warm yet sophisticated space + access to the landscaped rear garden. This level offers two generous bedrooms, a full bath, plus a fully finished lower level with a 3rd bedroom + a media room, 2nd full bathroom, and laundry. Potential rental income of approx. $3,600/month. Apt. 2 – The upper unit spans the second and third floors, offering over (1201 sq ft) of living space. This well-designed layout includes 3 bedrooms (1 on the second floor & 2 on the third floor), a lovely kitchen with an eat-in area, a full bathroom, and in-unit laundry + a front balcony. Bright and spacious, this unit generates $2,200/month. Apt. 3 -The lower 1-bedroom unit (562 sq ft) is well-appointed and currently brings in $1,425/month. Additional highlights include a private backyard with deck and patio, 2 parking spaces (one in front and potentially one in garage) A rare opportunity to own a beautifully maintained, income-generating property in one of Ottawa’s most desirable central neighbourhoods. (id:50982)

Ottawa, Ontario

An exceptional opportunity to secure a custom-built fourplex in the heart of Overbrook-perfect for investors looking to expand their portfolio or families seeking a versatile multi-generational living solution. Configured as a triplex with a legal non-conforming fourth unit, this well-designed property offers a total of 13 bedrooms and 8 bathrooms, providing strong income potential and flexible living arrangements. Each unit is thoughtfully designed with functional layouts, in-unit laundry, and modern conveniences including stainless steel appliances and dishwashers. The property includes on-site parking with additional street options available, making it attractive for tenants and owners alike. For investors, this is a rare chance to acquire a high-demand rental asset in a rapidly evolving neighborhood with growing appeal and long-term upside. The multiple units allow for diversified income streams and stable occupancy in a location that continues to see increased interest. For end-users, this property is ideal for multi-generational living-offering the ability to live together while maintaining privacy and independence across separate units. Whether accommodating extended family or offsetting your mortgage with rental income, the flexibility here is unmatched. Situated in beautiful Overbrook, residents enjoy a quiet, community-oriented neighborhood just minutes from Ottawa’s urban core. Walking distance to the St. Laurent Shopping Centre, LRT, grocery stores, restaurants, parks, and schools ensures everyday convenience. Downtown Ottawa, the ByWard Market, and Sandy Hill are all just a short drive away. Overbrook combines suburban comfort with unbeatable proximity, making it one of the city’s best-kept secrets now gaining well-deserved attention. Don’t miss your chance to own a turnkey fourplex in a prime location-an ideal blend of lifestyle and investment potential. (id:50982)

Ottawa, Ontario

Attention investors and entrepreneurs! Exceptional opportunity to own a versatile multi-use commercial property on a spacious 38,233 sqft. lot in the heart of Orleans. This income-generating property includes a triplex, duplex, 950 sqft. shop/garage, and a 7,280 sqft. multi-tenant industrial building. The industrial space offers 20 ft ceilings, overhead loading doors, ample natural light, and heavy-duty equipment, providing excellent functionality for a range of uses. Ideally located near St. Joseph Boulevard amenities and just minutes from Highway 174, this property combines accessibility, versatility, and strong investment potential. A true gem in a prime location! Zoning to be changed to MS2. All information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer. (id:50982)

Ottawa, Ontario

Purpose-Built Brick Triplex in a Prime Location! Ideal as a multi-generational home. A property you can easily envision calling home while generating income. This well-maintained triplex offers two spacious 3-bedroom units (approx 1000 sqft each) and one bright 2-bedroom basement (865 sqft) apartment with walkout basement to backyard.. Renovations completed in 2023- Apartments 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 1 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/dining room. Apt#1 and #2 have identical layouts. Month to Month Tenancy. Roof 2005 with 25 year shingles. 3 Hydro Meters. Updated windows about 15 years ago. 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. 24 hour notice for showings. Tenant in Apt 2. vacating May 1st (currently for lease). Vacant possession will be provided for Basement apartment. (id:50982)

Ottawa, Ontario

Exceptional turnkey investment opportunity in the heart of Sandy Hill, just one block from the University of Ottawa. This legal triplex with a secondary dwelling unit comprises four highly desirable, income-producing apartments, perfectly positioned for consistent student rental demand. Each thoughtfully updated suite features two bedrooms, one bathroom, hardwood flooring, and impressive high ceilings, creating bright and inviting living spaces. Recent capital improvements include a new roof (2016), furnace (2019), tankless hot water system (2011), rebuilt front porch (2025), and a newly renovated kitchen in Apartment 4 (2025). Current monthly rents are as follows: Apartment 1 – $1,734; Apartment 2 – $1,850; Apartment 3 – $1,834; Apartment 4 – $1,750. The property is equipped with five hydro meters, allowing for efficient utility management. Additional income is generated through parking ($4,080 annually) and coin-operated laundry ($1,000 annually), resulting in a strong net operating income of $69,600, with considerable upside potential through future rent increases. Notably, Apartments 2 and 3 will become vacant on April 30, 2026, providing the incoming owner with an opportunity to set market rents. A fire retrofit certificate is on file. A rare offering and a true cornerstone asset for any investment portfolio. (id:50982)

Ottawa, Ontario

Luxury triplex built by Blueprint Construction on an oversized lot rarely offered with expansive 1400sq/ft units on each floor. Additional 3 non-conforming studio apartments in the basement built to code. This turnkey newly built multi-family building produces $92,559 net operating income annually. These expansive units with luxury finishes offer a generous 3-bedroom 2-bathroom apartment, all with ample parking. As the real estate cliche goes , a quality rental attracts a quality tenant. Located just minutes from schools, grocery stores, Shopping Centre, restaurants, and public transit. making this an incredible opportunity for any investor looking for a high-earning property with growth potential. “Ottawa’s landmark new zoning by-law will legalize all six existing units on this oversized lot at 550 Guy St (N3B)!” (id:50982)

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. Rented for $3800. until September. 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)

Ottawa, Ontario

Nestled in Sandy Hill, this triplex is a goldmine , generating approximately $72,084 in yearly rental income. It’s got everything: proximity to U of Ottawa, Rideau St amenities, grocery stores, and recreation. The property includes 194 & 196 Augusta – a duplex and a 3-bed home (easily convertible to 6 beds). 194 Augusta has two 1-bed units fully rented. This investment screams potential: hardwood floors, updated kitchens, windows, bathrooms, and wiring. Live on one side, rent the other – the choice is yours! (id:50982)

Ottawa, Ontario

Intelligent investment opportunity and great cash flow in this purpose built Sandy Hill Triplex, NOI $74 524. The main floor 3 bedroom unit & 4 bedroom upper unit have similar floor plans consisting of spacious living rooms and updated kitchens/bathrooms.The lower unit also consists of 3 bedrooms and has its own entrance at the back of the property. All units have separate laundry and the oversized driveway offers 2 parking spots. The 2 car garage was previously used for storage but could allow for extra parking income or potential expansion for another unit. Both bathrooms on the main and upper level were completely renovated back to the studs in 2025.Flat roof on building 2017/2018 and garage replaced in 2020, heat pumps for unit 1 and 2 2025, new windows in lower unit 2015, new boiler 2015. Wood floors refinished and all units painted 2025. Just steps to Ottawa U campus, Strathcona Park and Embassies with easy access to the Byward Market, A full breakdown of all income/expenses and renovation documents are available upon request. (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 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)