Over $1,000,000 Triplex For Sale

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For sale
$2,950,000
90 POWELL AVENUE, Ottawa, Ontario

90 Powell Avenue

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)

8 Bedroom 6 Bathroom 3,500 – 5,000 ft2
For sale
$1,099,000
69 BLACKBURN AVENUE, Ottawa, Ontario

69 Blackburn Avenue

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)

6 Bedroom 3 Bathroom 2,000 – 2,500 ft2
For sale
$1,495,000
212 FLORA STREET, Ottawa, Ontario

212 Flora Street

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)

7 Bedroom 4 Bathroom 3,500 – 5,000 ft2
For sale
$2,099,000
255 PRESLAND ROAD, Ottawa, Ontario

255 Presland Road

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)

13 Bedroom 8 Bathroom 3,500 – 5,000 ft2
For sale
$4,150,000
1237 1255 COUSINEAU STREET, Ottawa, Ontario

1237 1255 Cousineau Street

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)

38,233 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 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)

8 Bedroom 3 Bathroom 2,000 – 2,500 ft2
For sale
$1,320,000
121 OSGOODE STREET, Ottawa, Ontario

121 Osgoode Street

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)

8 Bedroom 4 Bathroom 2,000 – 2,500 ft2
For sale
$1,890,000
550 GUY STREET, Ottawa, Ontario

550 Guy Street

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)

9 Bedroom 6 Bathroom 3,500 – 5,000 ft2
For sale
$1,445,000
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. 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)

3 Bedroom 3 Bathroom 1,500 – 2,000 ft2
For sale
$1,199,000
194 AUGUSTA STREET, Ottawa, Ontario

194 Augusta Street

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)

6 Bedroom 6 Bathroom 3,000 – 3,500 ft2
For sale
$1,550,000
320 LAURIER AVENUE E, Ottawa, Ontario

320 Laurier Avenue E

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)

10 Bedroom 3 Bathroom 2,500 – 3,000 ft2
For sale
$1,040,000
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
$1,300,000
55 IVY CRESCENT, Ottawa, Ontario

55 Ivy Crescent

Ottawa, Ontario

Exceptional Investment Opportunity – Turnkey Triplex + Studio in Prestigious New Edinburgh/Lindenlea. Strong income-producing asset with a 5.4% cap rate, gross income of $88,800, and NOI of $70,856, supporting approximately $1,250,000 in financing at current rates – a true money maker. Unit 1 is leased at $1,850/month + hydro, Unit 2 (vacant) offers market rent of approximately $2,500/month, Unit 3 is rented at $2,500/month + hydro, and the studio/workshop generates $550/month, providing stable income with upside. Ideally located steps to Global Affairs, Beechwood Village, and scenic pathways along the Ottawa and Rideau Rivers, and within walking distance to the ByWard Market and the Governor General’s Residence. This meticulously maintained all-brick purpose-built triplex plus separate studio/workshop within a double detached garage is a turnkey investment. The lower level features a renovated 1-bedroom unit with hardwood floors and a modern 2025 bathroom, the main floor offers a bright 2-bedroom unit with refinished hardwood, renovated bath, large eat-in kitchen, and oversized deck with garden access, while the second floor includes a 2-bedroom + den + solarium unit with hardwood throughout, updated kitchen and bath, and private laundry. The insulated studio/workshop with its own electrical panel is ideal for a gym, office, or added income. Additional features include an enclosed rear staircase, shared laundry (Units 1 & 2), gas-fired hot water heating, A/C in the basement unit, tandem multi-car driveway plus garage parking, and professional painting throughout. Extensive upgrades include foundation waterproofing, roof replacement, owned hot water tanks, rebuilt rear stairs and deck, upgraded appliances, added dishwashers, new faucets, renovated bathrooms, and refinished hardwood floors. SEE LAST PHOTO FOR FULL FINANCIAL PROFILE. (id:50982)

5 Bedroom 3 Bathroom 1,500 – 2,000 ft2
For sale
$2,750,000
69 DONALD STREET, Ottawa, Ontario

69 Donald Street

Ottawa, Ontario

Welcome to one of Ottawa’s most impressive architectural masterpieces. Built in 2016 by Bellagio, this ~7,800 sq. ft. custom luxury triplex was designed by the builder-owner with no expense spared. Combining sophisticated modern living with exceptional investment upside, this property is offered significantly below today’s replacement cost of ~$3.5M+. Each expansive residence spans 2,400 to 2,750 sq. ft. and features 3 to 4 bedrooms, 2.5 baths, soaring 9-foot ceilings, and open-concept layouts. Premium craftsmanship is evident throughout, including engineered hardwood, quartz waterfall islands, Italian porcelain, custom cabinetry, floor-to-ceiling windows, and 8-foot solid-core doors. Independence is guaranteed as every unit is equipped with its own electrical panel, furnace, HRV, tankless water heater, and in-suite laundry.The building is designed for elite entertaining, featuring a grand floating staircase that is elevator-ready, a heated double garage, and a common theatre room. The massive rooftop patio is a true urban oasis, prepped for a full outdoor kitchen, hot tub, and shower, all while offering stunning panoramic views of the downtown skyline. Strategically located steps from the Rideau Sports Centre, Sandy Hill footbridge, and Ottawa U, the property is primed for long-term growth with R4UC-C zoning and an upcoming shift to CM2 zoning in 2025 for potential commercial use. The fire-rated basement is already roughed-in for a 4th/5th unit, making this a rare opportunity for multi-generational living, high-end rentals, or a future condo conversion. The upcoming CM1 zoning (2025) transforms this property into a high-density, mixed-use asset. This new designation permits building heights typically up to four storeys and introduces a wide range of commercial uses, including professional offices, medical clinics, daycares, and retail.Experience the ultimate in Ottawa luxury with endless potential. Book your private showing today. (id:50982)

11 Bedroom 9 Bathroom 5,000 – 100,000 ft2
For sale
$1,020,000
115 CARRUTHERS AVENUE, Ottawa, Ontario

115 Carruthers Avenue

Ottawa, Ontario

Upgrade to a 5-unit building with stronger cash flow and lower vacancy risk than a triplex or single unit building, while paying a comparable price point. This fully-rented 5-plex generates $98,700 in gross annual income and is located just 700m from Tunney’s Pasture LRT Station and 300m from the Government Tunney’s Pasture complex, providing a consistent tenant base. The property operates efficiently with keypad entry systems on each unit and multiple interior renovations, making it straightforward to manage and attractive to tenants. The unit mix supports steady demand and includes one 2-bedroom unit, two 1-bedroom units, and two bachelor suites, all currently rented. Four of the five units include in-suite laundry. Located a few blocks from Hintonburg’s shops and restaurants, the building also offers close proximity to the Ottawa River pathways, Laroche Park, the Civic Hospital, and the future redevelopment at LeBreton Flats, contributing to long-term rental demand.Additional features include R4UD zoning, two owned hot water tanks, and rear parking for three vehicles accessed by a city-maintained laneway. A well-maintained multi-unit asset in a transit-oriented location with stable income and long-term growth potential. Note – 4 of the five units have in-suite laundry. All appliances, 2 hot water tanks, and a list of furniture is included in the sale price! *Email to get the finanical spreadsheet* (id:50982)

2,146 ft2
For sale
$1,198,000
60 CLAREY AVENUE, Ottawa, Ontario

60 Clarey Avenue

Ottawa, Ontario

The Glebe: Resilient. Walkable. Profitable. This classic century triplex at 60 Clarey Avenue sits in the ultimate sweet spot of the Glebe, just steps from Lansdowne and Bank Street. Anchor yourself in Ottawa’s most in-demand neighbourhood with a strategy to bypass old rent rolls and set market rates immediately. The main floor 1-bed unit is vacant by the end of March. The upper unit, extensively renovated in 2017, is a 2-bed + loft den with sky light with a large South-facing deck available June 1st. The lower 1-bed unit features a separate rear walkout, new egress window, and dedicated parking, providing steady cash flow. Features: a new two-tier deck, 3 hydro meters, 3 parking spots, and new 2024 HWTs. With a high Walk Score and unbeatable transit, this isn’t just a property; it’s a defensible asset in a location that consistently outperforms. Build equity where it counts. (id:50982)

4 Bedroom 3 Bathroom 1,100 – 1,500 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
$1,850,000
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
$1,595,000
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
$1,690,900
182 MURRAY STREET, Ottawa, Ontario

182 Murray Street

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)

9 Bedroom 3 Bathroom 2,500 – 3,000 ft2
For sale
$1,219,000
279 SOMERSET STREET E, Ottawa, Ontario

279 Somerset Street E

Ottawa, Ontario

Exceptional Triplex in the Heart of Sandy Hill! A rare opportunity to own a fully leased, income-generating property in one of Ottawa’s most desirable downtown neighbourhoods. This 3-storey triplex offers modern comfort, strong rental returns, and unbeatable location-perfect for investors or owner-occupiers alike. Each unit is self-contained with its own kitchen, full bathroom(s), and in-unit laundry, ensuring convenience and privacy for all tenants. Unit 1 (Main + Lower): 5-bedroom layout (3 on main, 2 below) with 2 full baths, shared kitchen and laundry, currently rented for $4,150/month. Unit 2 (Second Floor): Bright 2-bedroom + den apartment with full kitchen and laundry, ideal for professionals or students, rented for $1,800/month. Unit 3 (Third Floor): Spacious 2-bedroom unit featuring its own laundry and kitchen, bringing in $1,850/month including parking. Recent updates include a new A/C unit and owned hot water tank (2023). Three on-site parking spaces add further appeal. The property generates an impressive annual gross income of $93,600, with net income of $74,530 (after expenses) – a truly turn-key investment. Landlord pays for the utilities. Most units are available fully furnished, offering flexible options for short-term or long-term rentals. With steady leases signed within the past year and its proximity to Ottawa U, downtown amenities, and the Rideau Canal, this triplex combines strong cash flow with long-term growth potential. A solid investment in a prime downtown location. Don’t miss it! (id:50982)

7 Bedroom 4 Bathroom 2,500 – 3,000 ft2
For sale
$3,200,000
74 HAVELOCK STREET, Ottawa, Ontario

74 Havelock Street

Ottawa, Ontario

Brand new purpose-built triplex in a highly desirable neighborhood, designed for long-term rental income or owner-occupier with two rental suites. Modern construction, low-maintenance finishes, and thoughtful floorplans make this an ideal investment or multi-family home. Each unit is separately metered for hydro with independent HVAC and HRV equipment. This exceptional triplex offers a rare opportunity in one of the city’s most sought-after neighborhoods. Ideally situated just steps from top-rated schools, convenient shopping, and a full range of amenities, it also provides easy access to the scenic canal-perfect for walking, cycling, and year-round recreation. (id:50982)

6 Bedroom 6 Bathroom 3,500 – 5,000 ft2
For sale
$1,220,000
138 KING GEORGE STREET, Ottawa, Ontario

138 King George Street

Ottawa, Ontario

Discover a prime investment opportunity with this well-maintained triplex at 138 King George Street. Total GOI for is $57,360, and Operating Expense is $10,978. NOI is 46,382. The property features three 2-bedroom 2-bathroom units. Located in Ottawa’s desirable Overbrook neighborhood, this property offers an unbeatable location just minutes from Highway 417, with easy access to downtown and beyond. The St. Laurent Shopping Centre one of Ottawa’s major retail destinations is only a short drive away, offering shopping, dining, and entertainment at your fingertips. The scenic Rideau River, with its nearby parks and walking/cycling paths, is just a short stroll away. Blending urban convenience with a touch of nature, this turn-key triplex is a smart addition to any real estate portfolio. Note the interior images are from Unit2 at 136 King George, which is mirrored layout. (id:50982)

6 Bedroom 6 Bathroom 2,000 – 2,500 ft2

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