Over $1,000,000 Triplex For Sale

Kingston, Ontario

Incredible Value for this Purpose – built, legal triplex in superb condition – perfect for either owner-occupied with income or to add to your investment portfolio. With a fantastic downtown, south side location & ideally situated in a beautiful, mature neighbourhood, this very well maintained and upgraded triplex is truly turnkey. Fully leased, and with hardwood throughout, it provides rental income immediately for a seamless and solid investment opportunity. The property consists of 2 very large 3 bedroom units on the main & upper floors and a 2 bedroom on the lower level. The main & upper level have mirrored layouts with a spacious & bright living / dining area with oversized windows, updated kitchen, 3 generously sized bedrooms and a 4 piece bath. The ceiling on the main floor unit has been soundproofed and has been owner occupied. Lower level has full sized windows, updated kitchen, good sized living room/ dining room and a 4 piece bath. Plenty of parking and a 2 car detached garage on this large lot. Shared coin operated laundry in lower level and dishwashers in each unit. Recent updates to this impressive turnkey property include: New Furnace, Upgraded Electrical panel to 200 AMP, Central Air Conditioning and the triplex just had a new asphalt shingles applied to the roof.All units has been freshly painted when needed. Excellent return & cap rate. Ideally located between Queen’s University, St Lawrence College and the Teacher’s College , Restaurants, Coffee shops/ Cafes, Grocery, Pharmacy, Entertainment and all amenities, this property attracts quality tenants and ensures consistent returns. This is a solid turn key Triplex in a incredible prime neighbourhood location – this is a must see! Don’t miss out on this great opportunity! Check out the Virtual Tour link – IGuide to see this amazing Triplex.This is the one you’ve been waiting for – Schedule your viewing today. (id:66888)

Ottawa, Ontario

33 Argyle Street offers more than a multi-unit property: it combines real estate, income and flexibility in the heart of Ottawa’s Golden Triangle. This classic three-storey red brick triplex sits on a 33′ x 99′ lot with multiple parking spaces, a private backyard and an additional 4th bachelor suite in the lower level. Over nearly a decade, the owners have carefully maintained and improved the property to the tune of nearly $200,000, in addition to an extensive remodel carried out in approx 2013. All while building a fully licensed short-term rental operation with an established five-star Airbnb track record generating more than six figures in annual revenue. The main level suite features a 1-bedroom suite with additional Murphy-bed sleeping capacity. The second floor suite offers a flexible 2-bedroom layout, while the third level includes a bright 1-bedroom apartment with ductless A/C and a well-equipped kitchen. The basement, newly finished in recent years, offers a 4th separate bachelor suite. Continue the existing short-term rental model, transition to conventional tenancies, or explore an owner-occupied approach great for house-hacking or multi-generational living. Just steps from Elgin Street, the Rideau Canal, the Museum of Nature, downtown and Parliament Hill. (id:66888)

Champlain, Ontario

Waterfront Triplex Investment – 3515 Front Road E, East Hawkesbury – $1,299,000. Rare 2023-built triplex on a peaceful bay of the Ottawa River. Three self-contained units, each with independent heating and cooling. Unit 1: bright 2-bedroom main residence with open-concept layout, kitchen with walk-in pantry and propane stove hookup, wood-burning fireplace, and a primary suite with private ensuite and balcony. Unit 2: 1-bedroom unit with full kitchen, open-concept living and dining areas, and a private balcony with gazebo. Unit 3: loft-style walkout unit with its own private entrance. Live in one unit and rent the others, or maximize all three income streams. Additional features include a double garage heated by propane, two driveways, a finished container storage shed, and a smoke-free building. Direct backyard access for kayaking, paddleboarding, boating and fishing on the Ottawa River. As a final bonus, approximately 1,300 sq. ft. of unused basement space offers endless potential for a home gym, entertainment area, or additional living space. (id:66888)

Ottawa, Ontario

Visit the REALTOR website for further information about this Listing. Seven rental units in two buildings near Beechwood Avenue in east-central Ottawa. The location offers access to Montfort Hospital, downtown, the University of Ottawa, ByWard Market, and Highway 417. The area is very popular with young professionals and students. 203 Marier is a fully rented triplex with three two-bedroom, one-bathroom units. It has five exterior storage lockers and coin-operated laundry in the basement. Updates include windows (2019), pavement and exterior cladding (2023), and the roof (2026). Two units are furnished. The boiler and hot water tanks are owned. 205 Marier is a fully rented fourplex with one two-bedroom, one-bathroom unit; one two-bedroom, two-bathroom unit; and two one-bedroom, one-bathroom units. Updates include windows and the roof (2019), and pavement and exterior cladding (2023). The furnace and hot water tank are rented from Enercare. Approximate annual gross income is $157,800. Projected net operating income is approximately $122,000, which represents a 5.5% cap rate at the asking price. The properties are offered as-is. Easy Street Services manages the properties and is willing to continue, subject to an agreement with the buyer. Reported CM1 zoning may allow future development. (id:66888)

Ottawa, Ontario

33 Argyle Street offers more than a multi-unit property: it combines real estate, income and flexibility in the heart of Ottawa’s Golden Triangle. This classic three-storey red brick triplex sits on a 33′ x 99′ lot with multiple parking spaces, a private backyard and an additional 4th bachelor suite in the lower level. Over nearly a decade, the owners have carefully maintained and improved the property to the tune of nearly $200,000, in addition to an extensive remodel carried out in approx 2013. All while building a fully licensed short-term rental operation with an established five-star Airbnb track record generating more than six figures in annual revenue. The main level suite features a 1-bedroom suite with additional Murphy-bed sleeping capacity. The second floor suite offers a flexible 2-bedroom layout, while the third level includes a bright 1-bedroom apartment with ductless A/C and a well-equipped kitchen. The basement, newly finished in recent years, offers a 4th separate bachelor suite. Continue the existing short-term rental model, transition to conventional tenancies, or explore an owner-occupied approach great for house-hacking or multi-generational living. Just steps from Elgin Street, the Rideau Canal, the Museum of Nature, downtown and Parliament Hill. (id:66888)

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:66888)

Ottawa, Ontario

Exceptional Investment Opportunity – Turnkey Triplex + Studio in Prestigious New Edinburgh/Lindenlea. Strong income-producing asset with a 5.68% cap rate, gross income of $87,000, and NOI of $69,546, supporting approximately $1,250,000 in financing at current rates – a true money maker. Unit 1 – Leased ($1,850/month + hydro), Unit 2 -(vacant) Great for owner live-in (market rent $2,300/month), Unit 3 – Leased ($2,550/month + hydro), + Studio/workshop – Leased ($550/month incl. Hydro). Ideally located steps to Global Affairs, Beechwood Village, and scenic pathways along the Ottawa and Rideau Rivers. Walking distance to the ByWard Market and the Governor General’s Residence & Global Affairs. This meticulously maintained all-brick (purpose-built) triplex plus a separate studio/workshop and a garage for storage is a turnkey investment. Apt #1 – features a renovated 1-bedroom unit with hardwood floors and a modern (2025) bathroom, Apt. # 2 main floor offers a bright 2-bedroom unit with refinished hardwood floors, renovated bath, large eat-in kitchen, and oversized deck with garden access, Apt. #3 – the second floor includes a 2-bedroom + den + solarium with hardwood throughout, updated kitchen and bathroom, and private laundry. The insulated studio/workshop with its own electrical panel is ideal for a music studio/ gym/ office. Additional features include an enclosed rear staircase, shared laundry (Units 1 & 2), gas-fired hot water heating, owned hot water tanks. Extensive upgrades include- Rebuilt rear stairs and Deck and Garage Renovation (2019), Professional painted throughout (2024) Foundation waterproofing (2015), Workshop/Garage Roof Replacement (2019), Main roof is(2014)and is modified bitumen ,Unit 1 Fully Renovated Bathroom (2025), Unit #2 Renovated Bathroom (2026), Upgraded- appliances, dishwashers, faucets. SEE LAST PHOTO (#50)FOR FULL FINANCIAL PROFILE OF PROPERTY. (id:66888)

Ottawa, Ontario

Situated in Ottawa’s sought-after Centretown West community, this character filled triplex blends historic charm w/ modern functionality, ideal for investors seeking strong income potential. Built in 1910 & set on a 31′ x 99′ lot, this R4S-zoned property has undergone many updates incl. 2nd Level Unit (Renovated 23′), 2nd & 3rd lvl wall unit AC installed in (23′), furnace (21′), Main Level with Basement unit (Fully Renovated 21′) & roof (08′). Each unit has been well-maintained, feat. vinyl or laminate flooring, upgraded kitchens + bathrooms & in-unit laundry. The spacious main lvl unit (3 bed, 2 bath) spans two levels, fully renovated in 21′ & w/ a renovated main level separate shower (Nov 25′), is a stunning unit to see & offers access to the sunroom & backyard. Rented for $2,505 + 1 parking spot. The second level unit (2 bed, 1 bath) was fully renovated in 23′ & showcases a quartz kitchen, covered balcony & modern finishes + 1 parking spot- currently vacant, projected market rent of $2450. The top lvl unit (1 bed, 1 bath,) offers an open layout, large bedroom & access to a fire escape. Rented for $1,470 (no parking included). Motion lighting for staircase to 2nd & 3rd Lvl. Exterior highlights incl. a detached garage (currently storage), landscaped yard & 2 legal parking spots ( w/ potential for 3 more spaces with roof modifications). Monthly rental income: $6,425. Yearly: $77,100. Upswing potential still & shows very well. Located steps to Bank St., Chinatown, Little Italy & the Glebe, enjoy the best of urban Ottawa w/ so many unique stores & restaurants in the immediate area & beyond. Just steps away to local faves like Arlington Five, Red Apron & Flora Hall Brewing or enjoy nearby recreation at McNabb Park, Lansdowne & the Rideau Canal. Quick transit (#14 & #85) or easy access to Hwy 417 make commuting a breeze. A prime opportunity to own a turn-key triplex in one of Ottawa’s most vibrant neighbourhoods, great for any lifestyle & an amazing opportunity. (id:66888)

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. Rarely found 5.6% Cap Rate in this condition. 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:66888)

Ottawa, Ontario

Updated triplex in the sought-after neighbourhood of Mechanicsville/Hintonburg. Strong income with significant capital improvements already completed. Ideally located near Tunney’s Pasture and within walking distance of the O-Train, Ottawa River Parkway bike path, Westboro Beach, coffee shops, restaurants, parks, and amenities on Wellington Street. Net Income $72,968. Unit 1 ($3300/month) is a two-storey unit offering 3 bedrooms and 2.5 bathrooms. Unit 2 ($2550/month) features 2 bedrooms and 1 bathroom. Unit 3 ($2000/month) is a studio unit. The rear parking area accommodates 3 vehicles. Each unit enjoys a private entrance and dedicated outdoor space. Contact for the full investment package, including income, expenses, inclusions, and capital improvement details. (id:66888)

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, an impressive 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. Unit 1 is currently vacant, providing valuable flexibility for a buyer to renovate and reposition the suite, increase future rental income, or occupy the unit themselves. The upper 3-bedroom suite is a standout feature of the property, offering 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, strong existing rental income, and the added upside of a vacant 1-bedroom suite, this property offers an excellent combination of immediate income and future potential. A rare opportunity to acquire a character-filled income property with strong fundamentals and flexibility in the heart of Ottawa. (id:66888)

Ottawa, Ontario

A rare, high-performing luxury triplex in Sandy Hill: fully optimized with massive structural upgrades and 3 hydro meters for effortless operation. This versatile, and fully optimized Ottawa triplex at 460 Wilbrod Street offers strong income potential, exceptional versatility, and future appreciation in a high-demand, walkable community. Featuring self-contained, light-filled units with functional layouts, this property is ideal for multi-generational families or savvy investors looking to maximize returns.The main level delivers a versatile 2-bath, 3-bed (or 4 bed potential) residence with dramatic 12-foot ceilings, an open floorplan, and an amazing 3-tier deck for outdoor entertaining. The second-floor unit captivates with 10-foot ceilings, a chef-grade kitchen, two large bedrooms including a primary suite with private ensuite, and a unique sunken studio featuring exposed brick. The third-floor suite commands attention with a vast open-concept living space, two well-proportioned bedrooms, and an impressive rooftop deck.The basement boosts revenue with three rentable bedrooms, a full bath, kitchenette, and profitable coin laundry. A detached garage and surface parking elevate appeal. Fully leased units ensure instant cash flow. Modern enhancements feature advanced exterior insulation and refined brick-veneer recladding. Steps from fine dining, art galleries, Parliament Hill, and the University of Ottawa. Plan a tour today and claim this standout opportunity! (id:66888)