Over $1,000,000 Triplex For Sale

Ottawa, Ontario

Turn-key investment property in the heart of Centretown with 5.42% Cap rate! Exceptionally well maintained and fully leased to professionals, this triplex is a rare find in today’s market. Offering three spacious units, including two two-bedroom apartments and one one-bedroom-plus-den apartment, each unit features hardwood flooring throughout, updated kitchens and bathrooms, and two units have fireplaces (one gas and one electric). Additional highlights include two parking spots, a detached garage, a fully fenced backyard, coin-operated laundry, and numerous updates including the roof (2017), interlock driveway (2020), gas boiler (2021), composite front deck (2022), front deck railings (2026) and freshly painted stucco exterior (2026). Ideally located just steps from Bank Street’s shops, restaurants, cafés, transit, and downtown amenities. (id:50982)

Ottawa, Ontario

Invest or live in luxury at 36 Ontario Street. This 2016-built executive triplex offers incredible flexibility for both investors and owner-occupiers. With all current tenants on month-to-month leases, you have the rare opportunity to move into one of the expansive units while the others help pay your mortgage, or simply take over a high-performing asset generating over $124,000 in annual income for a 5.96% gross yield. Located just steps from the Rideau River, parks, and public transit, this property sits minutes from downtown Ottawa. The building features approximately 7,500 square feet of interior space with upscale finishes throughout. Each unit boasts hardwood flooring, quartz countertops, custom kitchen cabinetry, 9-foot ceilings, and oversized windows. The striking stone exterior includes a garage, four balconies, modern security cameras, and a massive rooftop patio that easily hosts over 20 guests.The floor plans are incredibly spacious. Unit 1 features 3 bedrooms, a main-floor office, 3 full bathrooms, and exclusive rooftop access. Unit 2 offers 5 bedrooms plus a den, 3.5 bathrooms, cold storage, and three separate entrances. Unit 3 completes the property with 4 bedrooms, a den, and 2.5 bathrooms.Future potential is built right in. Unit 2 features a separate entrance and is already roughed-in for a kitchen, offering a straightforward path to a fourplex conversion. Furthermore, the City of Ottawa’s proposed zoning changes expand permissions for three-storey buildings, creating opportunities for professional office use or mixed-use redevelopment. 36 Ontario Street is a straightforward, turnkey property with unmatched potential. Whether you are looking to expand your portfolio or find a luxury home that pays for itself, 36 Ontario Street delivers. Book your showing today. (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

An exceptional investment opportunity in a prime Ottawa location. This meticulously maintained triplex comprises three renovated 3-bedroom units, each updated to a high standard with modern finishes and thoughtful layouts designed for comfort and functionality. The property has been extensively improved and offers strong income potential in both traditional and alternative rental configurations. Based on current market conditions, estimated rental income ranges from approximately $3,600-$4,800 per month per unit, representing a compelling opportunity for investors. All units are being sold unfurnished. Select furnishings may be made available by separate negotiation. A turnkey multi-unit asset offering flexibility, quality construction, and long-term value. (id:50982)

Ottawa, Ontario

Built in 2004, 3 Hilda Street is a purpose-built triplex offering a rare opportunity to own a newer, low-maintenance income property in one of Ottawa’s most convenient central locations. Just steps to public transit, Bayview Station, shopping, restaurants, parks, schools, and minutes to downtown, this property offers the accessibility and convenience today’s tenants are looking for.The building features three spacious two-bedroom apartments, each with bright, functional layouts, modern appliances, and the convenience of in-suite laundry with a dedicated washer and dryer. The two upper apartments also have a den/third bedroom. Every unit is independently serviced with its own forced-air furnace and rented hot water tank, providing simplified management and helping reduce landlord operating costs.Two units are currently leased for $2,178/month and $1,912/month, while the vacant basement apartment provides immediate flexibility to secure a new tenant at market rent or move in yourself. This creates an excellent opportunity for an owner-occupier to offset their mortgage with rental income and potentially purchase with as little as 5% down (subject to lender qualification).Purpose-built construction and modern mechanical systems mean lower maintenance requirements and fewer capital expenses than many older multi-unit properties. Whether you’re an investor looking to expand your portfolio or a buyer seeking a smart house-hacking opportunity, 3 Hilda Street delivers the ideal combination of strong income, modern construction, exceptional location, and long-term investment potential. See attachments for permit and compliance report for third unit. (id:50982)

Ottawa, Ontario

350 Fifth Avenue offers a rare opportunity to own a legal triplex with a bonus non-conforming bachelor suite in the heart of the Glebe, just steps from Carleton University, Lansdowne Park, and the Rideau Canal. This charming brick property features a versatile unit mix including two spacious 3-bedroom apartments, a 1-bedroom unit, and a self-contained bachelor suite in the basement. Three units are currently leased, generating stable income with Unit 1 rented at $2,500/month plus hydro, Unit 2 at $2,600/month plus hydro and inclusive of parking, and Unit 3 at $1,650/month plus hydro. Unit 4, the vacant bachelor suite, is currently being offered for lease at $1,100/month inclusive of utilities, providing flexibility for a new tenancy. The upper units showcase high ceilings, large windows, timeless architectural character, and private south-facing decks that tenants love. With the recent addition of central air conditioning, this is an excellent opportunity for investors seeking a quality multi-unit property in one of Ottawa’s strongest rental and student housing markets. Additional income is generated through coin-operated laundry and parking. The property includes four hydro meters, a newly installed and owned high-efficiency furnace and on-demand hot water system (2025), newly installed central air conditioning, an owned coin-operated washer and dryer (2023), and four on-site parking spaces. An exceptional investment opportunity in one of Ottawa’s most desirable and walkable neighbourhoods. (id:50982)

Ottawa, Ontario

Fully Vacant September 1st! The Glebe’s most compelling value-add opportunity. Just steps from Lansdowne Park and Bank Street, this classic century triplex offers immediate upside in one of Ottawa’s strongest rental markets. Two units are vacant and move-in ready, creating a rare opportunity to establish market rents from day one. The lower-level 1-bedroom unit is tenant-occupied and features a private rear walkout and dedicated parking, with vacant possession available September 1, 2026. The freshly painted main-floor 1-bedroom unit and upper 2-bedroom unit with loft, skylights and south-facing deck provide exceptional flexibility for investors or owner-occupiers. Additional features include three separate hydro meters, three parking spaces, two new 2024 hot water tanks, a newly built two-tier rear deck and strong transit connectivity. With 1-bedroom units in the neighbourhood consistently achieving premium rents and enduring demand driven by the Glebe’s unmatched walkability and amenities, this is a turnkey investment with immediate income growth potential. (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 $97,968 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

Located in the heart of Centretown, Ottawa, 455 Metcalfe presents a rare opportunity for investors and owner-occupants alike. This renovated triplex features three vacant units, offering immediate occupancy or the flexibility to select your own tenants at current market rates. Ideally situated just minutes from downtown, the Canadian Museum of Nature, schools, shops, restaurants, public transit, and all essential amenities. The property also offers multiple on-site parking spaces. A versatile investment in a highly sought-after neighbourhood with excellent income and long-term appreciation potential. (id:50982)

Ottawa, Ontario

Rarely does an opportunity like this come to market! This impressive custom-designed Duplex non-conforming triplex with an additional lower-level walkout apartment offers the perfect blend of quality craftsmanship, strong income potential, and flexible living arrangements. Featuring a total of 9 bedrooms across three self-contained floors, this purpose-built property was constructed with premium materials including brick, stone, and stucco, providing outstanding curb appeal, durability, and enhanced insulation. Each spacious upper unit offers approx 1,600 sq. ft. of beautifully finished living space, highlighted by 9-foot ceilings, hardwood flooring, granite countertops, five included appliances, and generously sized primary bedrooms complete with private 3-piece ensuites. Designed with safety and functionality in mind, all units benefit from legal secondary means of egress, while the upper level also features a private second floor terrace-an uncommon and highly desirable feature.The bright lower-level walkout apartment enjoys direct backyard access and adds significant income-generating potential, making this property ideal for investors seeking strong cash flow or homeowners looking to offset mortgage costs with rental income.Situated directly across from Roy Park in a quiet family-friendly neighbourhood, this property offers unbeatable convenience just minutes from Innes Road, shopping, restaurants, schools, recreation facilities, public transit, and everyday amenities.The oversized backyard provides plenty of room for entertaining family and friends, with convenient access from all three units. An attached garage and ample parking further enhance the property’s appeal.Whether you’re an investor looking for a premium turnkey income property or a homeowner seeking a smart house-hacking opportunity, this exceptional multi-unit residence delivers versatility, quality, and long-term value in one of Orléans’ most desirable locations. (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

So much potential and charm! Check out this triplex steps away from the Rideau Canal, restaurants,Parliament Hill, University of Ottawa & much more! Located in one of the most sought-after areas in the Golden Triangle. Very large main floor features 2 bedrooms as well as an office/den area (currently used as a 3rd bedroom), large living room with a fireplace & a ton of natural light! 2nd floor features 1 bedroom, formal dining area/office, sitting room & its own large balcony. 3rd floor features 2 bedrooms, an office/formal dinning area & has a ton of natural light throughout! Updates include: Maize Siding & Eavestroughing, windows, roof, boiler (2018) maintenance every year, driveway & more! Main floor will be vacant upon closing – perfect for owner occupied unit with additional income from the other units, or investment opportunity! (id:50982)

Carleton Place, Ontario

Exceptional investment opportunity in the heart of Carleton Place! Formerly configured as a triplex with commercial office space, the property has since been converted into four residential units and extensively updated throughout. The building features separate hydro meters, two forced-air furnaces servicing front and rear units separately, updated ductwork completed in 2024, and four owned hot water tanks installed in 2024. Many original character details remain including beautiful hardwood strip flooring throughout much of the property. Windows appear to be vinyl clad and the large 16′ x 12′ upper deck with direct access from the living area provides excellent outdoor space for tenants.Strong rental appeal with a desirable unit mix, ample on-site parking, plus additional public parking directly behind the property. Excellent opportunity for investors seeking cash flow, future appreciation, and development upside with the included severed lot. Located close to downtown amenities, shopping, restaurants, schools, and transit in one of Eastern Ontario’s fastest-growing communities. All kinds of possibilities with this unique income property. (id:50982)

Ottawa, Ontario

Exceptional investment opportunity in the heart of Westboro. This turnkey triplex offers strong rental appeal with separate hydro meters, in-unit laundry, stainless steel appliances, air conditioning, and bright, modern layouts throughout. The three spacious units include a 2-bed, 2-bath, a 2-bed, 3-bath with den, and a 4-bed, 3-bath with den, providing excellent flexibility for a range of tenants. Located in one of Ottawa’s most desirable neighbourhoods, just steps to Westboro’s shops and restaurants, Westboro Beach, Ottawa River pathways, Dovercourt Recreation Centre, Tunney’s Pasture, and quick access to Highway 417. Only 10 minutes to downtown, this premium property offers outstanding income potential and is a valuable addition to any investment portfolio. Net Income $86,469.84/2025 (id:50982)

Ottawa, Ontario

Exceptional investment opportunity in the heart of Westboro. This turnkey triplex offers strong rental appeal with separate hydro meters, in-unit laundry, stainless steel appliances, air conditioning, and bright, modern layouts throughout. The three spacious units include a 2-bed, 2-bath, a 2-bed, 3-bath with den, and a 4-bed, 3-bath with den, providing excellent flexibility for a range of tenants. Located in one of Ottawa’s most desirable neighbourhoods, just steps to Westboro’s shops and restaurants, Westboro Beach, Ottawa River pathways, Dovercourt Recreation Centre, Tunney’s Pasture, and quick access to Highway 417. Only 10 minutes to downtown, this premium property offers outstanding income potential and is a valuable addition to any investment portfolio. Net Income: $82,522.34/2025 (id:50982)

Ottawa, Ontario

692 Claude Street is a turn-key, fully renovated legal triplex offering an exceptional investment opportunity with $86,400 in gross income and approximately $75,000 net. Ideally located less than a 5-minute walk from St. Laurent, this low-maintenance asset is currently tenanted by three excellent households and is well suited for investors seeking reliable income and long-term ownership confidence. The building consists of two 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit, with each suite featuring in-suite laundry, independent heating and cooling, and its own hot water tank. This strategically planned asset was intensely renovated in 2024 with all permits and certificates on file. Set on an oversized irregular lot with N3C zoning, the property may also offer future intensification potential, and buyers are encouraged to complete their own due diligence. All equipment and appliances are owned. Please see the attached feature sheet and 10-year forecast for additional information. (id:50982)

Ottawa, Ontario

Exceptional investment and owner-occupier opportunity featuring a desirable unit mix of two 1-bedroom suites and one spacious 3-bedroom suite, generating nearly $82,000 in annual gross rental income. Located in the heart of Sandy Hill, one of Ottawa’s most sought-after rental markets, this well-maintained brick triplex is steps from the University of Ottawa, Strathcona Park, the Rideau River, downtown amenities, transit, restaurants, shopping, and entertainment. The property features a ground-floor 1-bedroom suite, a premium 2-storey upper 3-bedroom suite with a large private balcony, and a rear-entry 2-storey 1-bedroom suite. All units offer in-suite laundry, while the property includes 2 on-site parking spaces. A rare advantage for buyers is that Units 1 and 2 are expected to be vacant as of August 1st, providing flexibility to occupy, renovate, increase rents, accommodate extended family, or create an attractive owner-occupier opportunity. The upper unit is particularly impressive, featuring exposed brick walls, hardwood flooring, spacious principal rooms, a bright open-concept layout, and a private balcony rarely found in income properties. Significant capital improvements include a new shingle roof in 2026 (flat roof age unknown, but membrane is in good condition), replacement of the main plumbing stack from the top floor to the basement, and a major foundation stabilization project along the driveway side. The work included excavation, foundation reinforcement, steel piling, waterproofing, drainage improvements, and restoration, representing a substantial investment in the property’s long-term integrity. With separately metered hydro for each unit and vacant possession of Units 1 and 2 anticipated for August 1st, this property offers exceptional flexibility for investors and owner-occupiers alike. A rare opportunity to acquire a character-filled income property with strong fundamentals and future upside in the heart of Ottawa. (id:50982)

Ottawa, Ontario

Rare turnkey triplex in the heart of Ottawa’s rapidly appreciating Vanier/Beechwood Village corridor. This meticulously maintained income property offers three fully tenanted units sharing a consistent layout across all floors, zero vacancy history, and exceptional long-term upside in one of the city’s most sought-after emerging neighbourhoods, steps from vibrant Beechwood Avenue, Rockcliffe Park, and the Ottawa River pathways. With over $293,000 in confirmed capital investment since 2010, this is a property where the heavy lifting has already been done. Major improvements include a brand new high-efficiency boiler (2025), 90% of main cast iron pipes replaced with PVC (2026), full foundation waterproofing with sump pump and French drain system, roof in excellent condition (inspected and reflashed 2023), complete building refacing with Permacon and CanExcel cladding, new concrete front stairs, a fully redone interlock backyard and parking area, and a shed with individual storage lockers, dedicated electrical panel and new roofing. A lifetime pest control contract and updated appliances in all three units round out a truly turnkey asset. All units are occupied by excellent long-term tenants with zero tribunal history. Current gross annual income of $57,140 with significant upside as all three units are below market rent, with stabilized market rents projecting to $72,300 annually. The property is zoned N4B[1322] H(11), permitting low-rise multi-unit development up to three storeys, offering compelling future redevelopment optionality in a neighbourhood where land values are rising. A patient investor acquires strong cash flow today and meaningful appreciation potential tomorrow. (id:50982)

Ottawa, Ontario

Absolutely Stunning Triplex Located Right In The Heart of Prestigious Westboro! Unit 1 consists of 2 levels of living space with master bedroom, 2nd bedroom, kitchen and dining room on main floor. Lower level features, living room, storage and possible office / den. Unit 2 features master with ensuite, large storage / office space, huge custom kitchen with upgraded appliances, and open-concept living / dining area. Unit 3 features 2 bedrooms plus office, 2 baths, massive rooftop terrace, custom kitchen, open-concept living / dining area and full basement rec. room for home business or gym. All units separately metered and include legal parking. Perfect for owner-occupier or investor. Close to all amenities including, shopping, restaurants, transit and Westboro Village. Financials Available Upon Request. (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. VTB available with flexible options. 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

“Live beautifully while your investment works for you.” A Rare Westboro / Hampton Park Triplex Opportunity this purpose-built brick triplex offers an exceptional investment opportunity in one of Ottawa’s strongest rental markets. With stable income, quality tenants, and future upside potential, this is an ideal long-term hold in a premier urban location. “Live-In Investment Opportunity” The property features three spacious approximately 850 sq. ft. apartments with layouts that continue to attract quality tenants. Timeless character with modern updates: Built in the classic style of the 1950s, the units offer large principal rooms, separate dining rooms, original oak strip hardwood flooring, abundant natural light, and solid brick construction rarely found in newer buildings.All units have been meticulously maintained and updated over time. Renovated kitchens include modern cabinetry, updated fixtures and appliances, pantry storage, and space for breakfast seating. Bathrooms have also been updated while preserving the building’s original character. Separate dining rooms provide flexibility for home offices or additional living space, further enhancing tenant appeal.Capital improvements and operational features include a newer boiler system, updated vinyl windows, separate hydro panels for each unit, sensor-controlled heating, shared tenant laundry, separate front and rear staircases, and three on-site parking spaces. The private fenced rear yard further adds to tenant desirability.Ideally located within walking distance to Richmond Road, Hampton Park Plaza, rapid transit, parks, restaurants, and shopping, the property benefits from consistently strong rental demand.Current gross annual income: $66,048 with potential for future rental growth and possible expansion opportunities under Ottawa’s evolving intensification policies. A rare opportunity to acquire a well-maintained multi-unit asset in one of Ottawa’s most sought-after neighbourhoods.24 hour notice require (id:50982)

Ottawa, Ontario

Westboro Investors take note! Great upgraded All Brick triplex in the heart of Westboro with gross income of over $80,000 per year! Main floor is 2 bedroom one bathroom rented at $2400 + hydro, 2nd floor is 2 bedroom one bathroom rented at $2400 + hydro, Lower level is one bedroom with a 3 piece washroom and rented $1900 inclusive. All units have their C/Air unit. This great property offers you two driveways, a nice side yard which covered with the large for your enjoyment! A great multi generational family property waiting for you! See it today! (id:50982)

Ottawa, Ontario

The ultimate Sandy Hill luxury investment property: fully optimized with massive structural upgrades and 3 hydro meters for effortless operation. This rare 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. 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)

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)