Ottawa Triplex For Sale

Ottawa, Ontario

Exceptional development opportunity just minutes from Ottawa’s downtown core. This prime lot is located in a rapidly transforming neighbourhood with numerous successful redevelopment projects nearby, highlighting the exciting potential of this site. Zoned R3A, the property offers flexibility for a variety of residential builds including triplexes, semi-detached homes, and townhouses. Buyers are advised to conduct their own due diligence regarding permitted uses as well as all aspects of the property such as property taxes. This property is being sold as a development or renovation opportunity. The existing structure is not suitable for occupancy – it is offered with no warranties. Quick closing is preferred. Enjoy unbeatable proximity to Carleton University, Lansdowne Park, Old Ottawa South, The Glebe, and Alta Vista. The area is rich in amenities including restaurants, parks, bike trails, fabulous schools, and convenient access to the LRT. Whether you’re an investor or developer, this is a rare chance to shape a project in one of Ottawa’s most promising urban pockets. (id:50982)

Ottawa, Ontario

Exceptional development opportunity just minutes from Ottawa’s downtown core. This prime lot is located in a rapidly transforming neighbourhood with numerous successful redevelopment projects nearby, highlighting the exciting potential of this site. Zoned R3A, the property offers flexibility for a variety of residential builds including triplexes, semi-detached homes, and townhouses. Buyers are advised to conduct their own due diligence regarding permitted uses. This property is being sold for land value only. The existing structure is not suitable for occupancy and is offered strictly AS IS WHERE IS with no warranties. Quick closing is preferred. Enjoy unbeatable proximity to Carleton University, Lansdowne Park, Old Ottawa South, The Glebe, and Blue Heron Mall just blocks away. The area is rich in amenities including restaurants, parks, bike trails, and convenient access to the LRT. Whether you’re an investor or developer, this is a rare chance to shape a project in one of Ottawa’s most promising urban pockets. (id:50982)

Ottawa, Ontario

Live in one and rent out the other. A great opportunity for smart investor to get into a Westboro property. This duplexed property has 2 units – second floor unit is 2 Bedroom renting at $1200 per month and main floor unit is a 1 bedroom, renting at $900 per month. Tenants pay their own heat and hydro and snow removal. Both units would require updating. Good opportunity to get into the market as owner occupied. Side yard potential to add on additional units, R4UC zoning allows for multi residential, semi detached, row units, triplexes, and detached homes. Or turn the current structure back into a single family detached home on this desirable quiet side street in Westboro. Renovate the double garage into a coach house for additional income. This could be a great investment for a handy person who wants to rehabilitate an investment property with future expansion possibilities. (id:50982)

Ottawa, Ontario

Exceptional investment opportunity just minutes from Beechwood Village! This centrally located legal triplex with two in-law suites offers incredible versatility for multigenerational living or strong rental income. Each of the five units includes a fridge, stove, washer, dryer, and individual heat pump systems for year-round heating and cooling. The in-law suites and lower-level apartments feature in-floor heating and large windows, providing warmth, comfort, and natural light. Upper units enjoy private decks, perfect for relaxing or entertaining. The building is equipped with on-demand hot water heating a highly efficient system that keeps utility costs manageable. The roof was replaced within the past 8 years, and the entire property has been recently renovated, making it a true turnkey investment. Outside, the spacious backyard with a deck provides shared outdoor space, and parking for 6 vehicles is available on both sides of the property. Located near Richelieu Park, with quick access to NCC bike paths, the Rideau River, and just a short drive to downtown Ottawa, the ByWard Market, and Highway 417, this location combines urban access with rental appeal. Annual property taxes are $4,066.72, utilities for 2024 total $10,708, and insurance (including rental income protection) is $4,407, with the potential for lower rates if owner-occupied. With a gross income of $91,962/year ($7663/month), this is an outstanding opportunity to own a centrally located, income-producing property with long-term value and flexible use options. (id:50982)

Ottawa, Ontario

Ideal West End location near shopping, transit, and recreational areas. This brick triplex is large, well built and well maintained. Two 3 bedroom apartments and one 1 bedroom lower level in-law suite. Hardwood + ceramic floors throughout. Upgraded large front windows for unit 1 & 2 as well as the staircase windows 2020. 2 gas furnaces installed 2015, 3 gas meters with separately metered gas fire place in lower level. unit. 3 sets of washing + dryers, one for each unit. 3 private lockers, 1 for each unit., Large backyard with shed for storage. Items in shed included in purchase including lawn mower. Ample parking for 5 vehicles. Walking distance to Britannia Park Beach, Ottawa River bike pathes, grocery stores, and more. Some photos have been virtually staged (id:50982)

Casselman, Ontario

Incredible Investment Opportunity in the Heart of Casselman No Rear Neighbours! This well-maintained triplex is ideally located in the vibrant and growing community of Casselman, offering a rare chance to own a fully leased income-generating property. Each of the three spacious units features 3 bedrooms, 1.5 bathrooms (3-piece + 2-piece), in-unit laundry, and a thoughtfully designed layout that appeals to quality tenants. Set on a private lot, the building offers six dedicated parking spaces two per unit for added convenience. All units are currently leased, including one on a month-to-month basis, providing both immediate cash flow and flexibility for the new owner. Whether you’re a seasoned investor looking to expand your portfolio or a first-time buyer hoping to live in one unit while renting the others, this property checks all the boxes. With strong rental potential, a prime location near local amenities, and steady income, this is an opportunity you don’t want to miss. For a full financial breakdown or to schedule a private viewing, don’t hesitate to reach out! NOI $60,270 and a CAP RATE of 5.48% (id:50982)

Ottawa, Ontario

This beautifully renovated 3-story commercial building, located on prestigious Gilmour Street between Kent and Bank in the heart of Centretown Ottawa, presents an exceptional investment opportunity. Zoned GM (General Mixed Use), the property offers approximately 3000 square feet of versatile space, currently leased as office space with positive cashflow and a cap rate of over 5.5%. This zoning allows for a wide range of uses, including conversion into a multi-unit (triplex, fourplex, or more) to secure your retirement while enjoying a positive cashflow investment. A new roof installed in 2020 and full interior/exterior renovation (2022), including new luxury vinyl flooring, soundproofing, and updated electrical systems, ensure minimal maintenance costs. On-site parking for 6-7 cars would generate extra income, supplemented by ample street parking and a wheelchair accessible ramp, adds significant value and convenience to tenants. This prime location, combined with the extensive renovations, flexible GM zoning, and strong income potential, makes this property a truly rare find. (id:50982)

Ottawa, Ontario

OPEN HOUSE Sunday November 9th from 2-4pm. Experience a grand triplex in Ottawa’s vibrant Sandy Hill neighborhood. The owner-occupied main level offers a 2-bath, 4-bedroom unit with soaring 12-foot ceilings, with an amazing floorplan and a beautiful 3-tier deck. The 2nd floor unit features a breathtaking kitchen, a sunken bedroom or studio with exposed brick, and two other spacious bedrooms, including a primary with an ensuite. The 3rd floor unit boasts a stately rooftop deck, a large open-concept living space, and two smart bedrooms. The lower level generates income with three bedrooms, a bathroom, and coin-operated laundry. A detached garage and surface parking spaces complete this rare find. A great investment opportunity or live in one unit yourself and generate income from the rest of the property. 2nd and 3rd floor units are rented, along with the garage and two parking spaces. The exterior insulation was upgraded for superior energy efficiency and re-clad with brick veneer. 3 Hydro Meters. Enjoy easy access to trendy restaurants, galleries, Parliament, and the University of Ottawa. Schedule a viewing today! (id:50982)

Ottawa, Ontario

Purpose-Built Brick Triplex in a Prime Location! A property you can easily envision calling home while generating income. This well-maintained triplex offers two spacious 3-bedroom units (over 1000 sqft each) and one bright 2-bedroom basement (865 sqft) apartment with walkout. Renovationss completed in 2023- Apts 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 2 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/dinrm. Apt#1 and #2 have similiar layouts. All three units are currently tenanted. Roof 2005 with 25 year shingles. Newer windows. Large backyard 52′ x 110′ with interlock patio. An investment opportunity live in one unit and collect income from the others, or add a strong, low-maintenance property to your portfolio. Located within walking distance to Elmvale Acres Shopping Mall, and close to The Perley, CHEO, The Ottawa General Hospital, schools, and the Trainyards, this property offers unmatched convenience and appeal for both investors and residents. 24 hour notice for showings. (id:50982)

Ottawa, Ontario

882 Balsam Drive just became an even greater opportunity – now city-approved for a third unit! This newly renovated, turn-key legal duplex in the heart of Orleans sits on an impressive 65′ x 150′ lot, offering the perfect blend of strong cash flow, modern upgrades, and future development potential.Originally a single-family bungalow, the property has been expertly converted into two self-contained units with separate entrances and hydro meters. The main level offers 3 spacious bedrooms, a full bathroom, and access to an attached garage – currently rented for $2,550/month, with tenants covering hydro. The lower unit features 3 bedrooms, a full bathroom, and is rented for $2,200/month. With city approval already in place for a third dwelling, this property can now be transformed into a triplex – adding tremendous value and long-term upside. A third hydro meter is already installed, and the seller has paid for professional plans for the third unit, giving the next investor a head start.The home has been fully renovated top-to-bottom, including new kitchens (with quartz countertops & stainless steel appliances), modern bathrooms, flooring, drywall, paint, pot lights throughout, upgraded electrical & plumbing, new basement windows, new interlock, a brand-new driveway that fits up to 9 vehicles, and more. Located just minutes from Highway 174, the upcoming LRT station, Place d’Orleans Mall, and the Ottawa River, this property offers unmatched convenience in one of Orleans’ most sought-after areas.Whether you’re looking to expand your portfolio, or secure a cash-flowing, future-ready investment, this is the one. (id:50982)

Ottawa, Ontario

Located in one of Ottawa’s most desirable neighborhoods, The Glebe. This 3 storey triplex awaits the next owner’s vision and creativity to turn this classic red bricked home into the next classic building in the area. Within walking distance to Carleton University and Lansdowne Park this legally zoned Triplex with an additional unit in the basement.( non-conforming ) is situated in a perfect area for a newly renovated multi-family property or convert back to a classic Glebe single family home. Property was being used for student rentals and rarely a vacancy with three – 4 bedroom units and one- 2 bedroom unit in the lower level and 1 parking space. Property has been upgraded with newer windows, soffits, fascia, eavestrough and boiler. It also comes with 4 separate meters. This property is waiting for the next stage with some updating. (id:50982)

Ottawa, Ontario

Welcome to this newly built triplex in the heart of Westboro. Built from the foundation up these 3 spacious units all feature 2 bedrooms and 2 bathrooms. These units are approximately 900-1,000 square feet each with an open concept living area, new kitchens, bathrooms, & flooring. All 3 units have their own ensuites and these units show very well. This location is ideal being at the dead end part of Athlone close to Clare Park and transit. Walking distance to Westboro, and all the amenities it has to offer. This is perfect for an investor or for an owner to live in one of the units. Taxes are yet to be reassessed. (id:50982)