Over $1,000,000 Triplex For Sale

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For sale
$2,284,900
288 DUNCAIRN AVENUE, Ottawa, Ontario

288 Duncairn Avenue

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)

6 Bedroom 6 Bathroom 3,500 – 5,000 ft2
For sale
$4,000,000
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. 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)

38,233 ft2
For sale
$1,268,000
543 KIRKWOOD AVENUE, Ottawa, Ontario

543 Kirkwood Avenue

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)

5 Bedroom 3 Bathroom 2,000 – 2,500 ft2
For sale
$1,449,000
391 GREENWOOD AVENUE, Ottawa, Ontario

391 Greenwood Avenue

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)

5 Bedroom 3 Bathroom 1,500 – 2,000 ft2
For sale
$1,850,000
460 WILBROD STREET, Ottawa, Ontario

460 Wilbrod Street

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)

12 Bedroom 6 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
$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
$1,195,000
707 EDISON AVENUE, Ottawa, Ontario

707 Edison Avenue

Ottawa, Ontario

Excellent investment opportunity in the desirable Laurentianview /Westboro area! Offered at $1195000, this well maintained and updated legal triplex complete with fire retrofit features quality tenants and strong future rental upside. Two (2 )bedroom and One (1)bedroom. Updates include a new roof(2021), newer windows, front steps(2023), newer appliances, Furnace and AC (2018), 3 new sheds 2023. Four hydro meters with tenants paying their own hydro helps keep operating costs down. Enjoy a lovely shared backyard area with BBQ space and three storage sheds. Ample parking for all tenants. Conveniently located close to transit, shopping, restaurants, parks and all the amenities this sought out area has to offer. A solid addition to any investment portfolio. 48 hours notice required for all showings. (id:50982)

5 Bedroom 3 Bathroom 1,500 – 2,000 ft2
For sale
$1,299,000
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 Victorian triplex with a legal secondary dwelling unit has four highly desirable & spacious apartments. 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) and new kitchen & paint in Apartment 3 (2026) . Current monthly rents are as follows: Apartment 1 – $1,734; Apartment 2 – $2,150; Apartment 3 – $2050; Apartment 4 – $1750; with 2 % rent increases for Apt 1 & 4 coming in Sept. Additional income is generated through parking ($4,080 annually) and coin-operated laundry ($1,000 annually), resulting in a total income of $98,008, a strong net operating income of $76,512 & a Cap Rate of 5.89%. With five individual hydro meters providing efficient utility management, a fire retrofit certificate on file, and consistent demand driven by the property’s proximity to the University of Ottawa, this asset offers both operational simplicity and long-term reliability. Significant upside remains available through future rent growth as apartments turn over – making this a compelling addition to any investment portfolio. (id:50982)

8 Bedroom 4 Bathroom 2,000 – 2,500 ft2
For sale
$1,199,800
277 ARLINGTON AVENUE, Ottawa, Ontario

277 Arlington Avenue

Ottawa, Ontario

Situated in Ottawa’s sought-after Centretown West community, this character filled triplex blends historic charm w/ modern functionality, offering three fully leased units, 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. Rented for $2,450 + 1 parking spot. 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:50982)

6 Bedroom 4 Bathroom 2,000 – 2,500 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
$1,595,000
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

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