Ottawa Triplex For Sale

Ottawa, Ontario

This turn-key fully tenanted triplex sits in the heart of Ottawa Centre, with two spacious 2-bedroom units and one 1-bedroom unit, each finished with hardwood floors throughout and good in-unit storage. A newer boiler system anchors the mechanicals, and separate meters mean each tenant covers their own hydro. Combined rents bring in $6,404.61 a month, or $76,855.32 a year, with parking for three vehicles at the rear included as part of rent. Annual operating expenses $16,334. Flora Street is steps from direct transit to Carleton University, minutes from downtown and the Elgin Street strip, with easy access to the 417. This stretch of Centretown stays consistently rented. Laundry and utility with inside access. 24 hour irrevocable required on all offers, with Schedule B to accompany. (id:66888)

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:66888)

Ottawa, Ontario

An exceptional turn-key investment opportunity awaits at 703 Morgan Street, a versatile, high-yielding triplex designed to maximize cash flow and long-term equity growth. The property features two spacious, identical three-bedroom, one-bathroom layouts on the top and middle floors, complemented by a cozy one-bedroom, one-bathroom lower unit. With the middle unit currently vacant, buyers gain an immediate value-add strategy to set projected market rent, house-hack, or select their own premium tenant while enjoying steady income from established, month-to-month residents. Tenants pay their own hydro via separate electrical panels and outdoor meters updated in 2016, keeping landlord utility overhead remarkably low. Major mechanicals and structural components have been systematically upgraded for worry-free ownership, including a new roof (2018), replacement windows (2017), gas meter update (2014), and a newly paved driveway (2025). Capital expenditure worries are minimized with three fully owned water heaters-replaced in 2016, 2018, and 2023-and low common electrical costs covering exterior and stairwell lighting. The building is complete with shared tenant laundry and dedicated storage facilities, enhancing overall tenant retention and convenience. Positioned with strong existing revenue, reliable tenancy, and significant upside potential in the vacant unit, this well-maintained asset is a rock-solid addition to any real estate portfolio. (id:66888)

Ottawa, Ontario

23 Wright Street sits in one of the most sought-after pockets of Overbrook; between the Vanier Parkway and the Rideau River, within walking distance of the river’s pathway system and the Adàwe pedestrian bridge connecting directly to Sandy Hill and downtown Ottawa. This property is being offered alongside its immediate neighbour at 25 Wright Street, and together the two lots represent a rare side-by-side opportunity in a neighbourhood where infill activity is well underway and actively reshaping the streetscape block by block. As an estate sale, both properties are being conveyed in their current conditions. As-built, 23 Wright Street currently operates as a triplex: a 3 bedroom/1 bathroom main floor unit (empty) and two 1 bedroom/1 bathroom basement apartments, all occupied by long-standing tenants whose rents sit meaningfully below current market rates. A buyer can hold and re-position over time or proceed to redevelopment as the surrounding blocks have seen a steady pace of replacement builds, with developers delivering modern semis and singles on similarly-sized lots throughout the area. This is a great infill candidate. The property includes a single carport and a large laneway with room for at least four vehicles. Hurdman LRT Station is minutes away, OC Transpo routes 12, 14, and 18 serve the area, Highway 417 is within easy reach, and downtown Ottawa is under 10 minutes by transit. Loblaws on McArthur Avenue, the commercial strip along Montreal Road, and Beechwood Village are all close by, and the Rideau River pathway is steps from the door. For a buyer seeking land in a tight, downtown-adjacent market, two adjacent lots in this location rarely align. Further details on 23 and 25 Wright are available upon request. **No offers until Tuesday September 28th at 1PM** (id:66888)

Ottawa, Ontario

Excellent opportunity to own a well-maintained all-brick triplex offering strong cash flow and long-term investment potential. This solid multi-family property features three self-contained units consisting of two 2-bedroom apartments and one 1-bedroom apartment, for a total of 5 bedrooms. All tenants are currently on month-to-month leases, providing flexibility for investors looking to optimize rents or owner-occupants seeking future occupancy options.The property currently generates $4,500/month ($54,000 annually) in gross rental income. Unit 1 rents for $1,500/month, Unit 2 for $1,300/month (long-term tenant of approximately 10 years), and Unit 3 for $1,700/month. Tenants are responsible for their own hydro, while the building is heated by a central boiler system. Additional utility features include four separate gas meters and three individual hot water tanks, one servicing each unit.Several major capital improvements have already been completed, including foundation underpinning (2012), new roof drain and re-routing of the drain pipe (2019), and renovations to the front common area with new carpet, drywall and insulation (2019). Bathrooms in Units 1 and 2 have also been tastefully renovated.Additional features include shared laundry, 4 rear parking spaces, and 4 private storage lockers, adding convenience and value for tenants.Whether you’re an experienced investor or looking to add a quality income property to your portfolio, 734 De L’Église Street offers reliable income, solid building systems, and future upside in a well-established Ottawa neighbourhood. (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

GREAT INVESTMENT OR DEVELOPMENT OPPORTUNITY!!! Welcome to 2941 Old Montreal Road, a 3-bedroom, 2-full-bathroom semi-detached home situated on an impressive 140′ x 175′ lot with views of the Ottawa River. Zoned V3F, the property offers exciting possibilities for investors, developers, business owners or buyers seeking a home with additional income potential. Permitted uses may include detached and semi-detached dwellings, duplexes, triplexes, home-based businesses and a retirement home. Purchase alongside the adjoining residence at 2943 Old Montreal Road and explore the opportunity to occupy one side while collecting rental income from the other. The neighbouring unit is currently occupied by reliable month-to-month tenants who pay on time. The home features copper plumbing and wiring, a newer water treatment/chlorination system installed in 2025, updated siding and most windows completed in 2021, a roof replaced on both sides in 2017, and air conditioning approximately 2023. The rented furnace and hot water tank are believed to have been replaced around 2020. The property is serviced by a deep well, and the septic system and is pumped and inspected annually. With its substantial lot, flexible zoning, river views and income or redevelopment potential, the possibilities are endless. Buyers are advised to complete their own due diligence regarding zoning, permitted uses, development potential, systems and measurements. Enjoy a peaceful setting while remaining within convenient reach of Cumberland Village, Rockland, Orleans, Highway 174, parks, recreation, and everyday amenities. Book your private showing today! (id:66888)

North Grenville, Ontario

Don’t miss this exceptional opportunity to own a triplex set along the tranquil banks of Kemptville Creek, providing direct access to the historic Rideau River, a UNESCO World Heritage waterway! All three units are 2 bedrooms, each with a 4pc. bath and include laundry! The vacant unit is a 2 storey with large living room, separate laundry room and an eat in kitchen overlooking the backyard/water. This unit has access to a back deck from the kitchen, has 2 bedrooms on the 2nd level – one with a patio door to a 2nd level deck! An updated 4p. bath also in the 2 storey unit, currently vacant! Unit 112 is a main level unit with 2 bedrooms, large kitchen & charming living room. This unit also has a new back deck to enjoy the water & outdoor space. Both 112 & 114 have access to their separated basements, and are heated with F/A gas furnaces (2015). Unit 110 is an upper 2 bedroom unit, with 4pc. bath, great sized living room, and kitchen. This unit also has a new back deck with access to the backyard. This unit has baseboard heat. The windows & doors were replaced in (2017) in both unit #110 & #112. Utilities for each unit are separate, with 3 separate hydro meters. Each unit has an entrance from the main street as well as rear entrances. Unlike most income properties, this doesn’t only have water access & view, but a large yard and minimum 2 parking spots per unit + visitors! Not often you get a building this well maintained, a true triplex on .52 acres on the Kemptville Creek with great updates and access to all amenties without getting in a vehicle! But if you have a car…there is plenty of outdoor parking for it! This building is across the street from the Heritage Grahams Bakery & amazing baked goods – does it get any better than that! Book your private viewing today. 24 Hour notice for all showings to accommodate tenants. (id:66888)

Smiths Falls, Ontario

Turn-Key Income TRIPLEX in the Heart of Smiths Falls – Attention investors: this fully renovated mixed-use triplex sits just steps from the Rideau Canal and downtown core, and it’s built to perform – and a cap rate over 9.75%. With two vacant units, you set the rents – or occupy one yourself and let the building carry the mortgage. The main floor commercial unit offers high street visibility and was most recently leased to an established medical/spa tenant, proof this address draws quality commercial traffic. Run your own business here, or hold it as stable, professional-grade rental income. Above, two newly renovated residential units are finished with modern fixtures and brand-new appliances. One unit features in-suite laundry – a rare amenity in this price point that commands premium rent and keeps good tenants renewing year after year.This is a rare chance to own a prime, income-generating asset in one of the region’s fastest-growing communities – immediate cash flow, low-maintenance renovated units, and long-term upside all in one address. (id:66888)

Cornwall, Ontario

Welcome investors to this triplex. Main floor unit has 2 bedrooms with a spacious living, kitchen and bathroom area. Main unit has access to the basement as well. Upstairs you will find a two one bedrooms units with a living room and kitchen areas. This property has a vacant one bedroom unit upstairs. Each unit has a separate wall gas furnace. The extra large water tank is for all three units. There is separated electrical for each unit. Please allow at least 30hr for all showings. (id:66888)

Ottawa, Ontario

Excellent triplex located on a quiet street across from a park! All three units are 2 bedrooms, with their own laundry , great open concept layouts and hardwood floors throughout. Top floor unit features a private balcony and vaulted ceilings. Three parking spots. All tenants are now month-to-month, total annual rent is $55,831.44. (id:66888)

Pembroke, Ontario

Excellent investment opportunity in a convenient Pembroke location! This well-maintained triplex features three separate, self-contained units, each with its own hydro meter, electrical panel and hot water tank, providing investors with excellent utility separation and simplified expense management. The property generates approximately $60,228 in annual rental income, with estimated annual expenses of only $18,734.72, resulting in an impressive approximate net annual income of $41,493.28. Additional income is generated through on-site laundry, coin operated. Tenants pay their own hydro, while the landlord is responsible for natural gas and common-area costs, helping to maintain a favourable operating expense structure. Current rents include $1,837/month for the main floor 2-bedroom unit, $1,600/month for the upper 2-bedroom unit, and $1,532/month for the lower level 1-bedroom+den unit. The seller has completed numerous updates throughout the property, making this an attractive opportunity for investors seeking established rental income with strong cash-flow potential. Conveniently located close to schools, shopping, downtown amenities and Algonquin College’s Pembroke Campus, this property offers a desirable location for tenants and solid fundamentals for an income-producing portfolio addition. Minimum 24-hour irrevocable on all offers. Minimum 48-hour notice required for all showings. (id:66888)