Ottawa Triplex For Sale

Ottawa, Ontario

Welcome to 657 Golden Avenue! Boutique triplex located on one of McKellar Parks most desirable streets. Perfect for owner live in or a blue chip investment property. 2 spacious 3 bedrooms (1200 sq ft +) apartments and a 1 – 2 bedroom apartment. Each apartment has its own high efficiency gas furnace, gas hot water tank and hydro meter. Tenants pay utilities. Landlord pays taxes, water, snow removal and insurance. Apt 1 & 2 have central air conditioning. One storage locker per apartment. 2 laneways – parking for 4 cars. Large sundecks and private backyard. Walking distance to all the fun and excitement that Westboro has to offer. Preferred catch basin for Broadview Pubic School and Nepean High School. Dovercourt community centre is across the street. Waling distance to JCC. All major systems are up to date. 2023 fire retrofit certificate. (id:50982)

Ottawa, Ontario

Exceptional Investment & Redevelopment Opportunity – TM Zoned TriplexRare opportunity to acquire a well-maintained, income-producing triplex in the heart of Vanier with highly desirable Traditional Mainstreet (TM) zoning, offering outstanding flexibility for investors, developers, and owner-operators alike.This fully leased property features three residential units, all occupied by long-term tenants, providing stable and reliable rental income from day one. Additional revenue is generated through two detached garages that are currently rented, as well as a coin-operated laundry for tenant convenience.The property’s Traditional Mainstreet (TM) zoning significantly enhances its long-term value by permitting a broad range of residential, commercial, and mixed-use opportunities. Continue operating the property as a successful triplex, renovate and add value, or explore the potential to redevelop into a higher-density residential or mixed-use building. TM zoning is designed to encourage intensification along established urban corridors and permits a variety of uses, including apartment dwellings, retail, offices, restaurants, professional services, and mixed-use developments.Situated along the McArthur Avenue corridor, this prime location offers quick access to downtown Ottawa, public transit, shopping, restaurants, schools, parks, hospitals, and the Rideau River pathways, making it an attractive location for both tenants and future redevelopment.Whether you’re seeking a turnkey investment with dependable cash flow, land for future redevelopment, or a property with commercial and mixed-use potential, 289 McArthur Avenue presents an exceptional opportunity in one of Ottawa’s established and evolving urban neighbourhoods. (id:50982)

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, a premium 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. A rare advantage for buyers is that Units 1 and 2 are expected to be vacant as of August 1st, providing flexibility to occupy, renovate, increase rents, accommodate extended family, or create an attractive owner-occupier opportunity. The upper unit is particularly impressive, featuring 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 and vacant possession of Units 1 and 2 anticipated for August 1st, this property offers exceptional flexibility for investors and owner-occupiers alike. A rare opportunity to acquire a character-filled income property with strong fundamentals and future upside in the heart of Ottawa. (id:50982)

Ottawa, Ontario

Fully Vacant September 1st! The Glebe’s most compelling value-add opportunity. Just steps from Lansdowne Park and Bank Street, this classic century triplex offers immediate upside in one of Ottawa’s strongest rental markets. Two units are vacant and move-in ready, creating a rare opportunity to establish market rents from day one. The lower-level 1-bedroom unit is tenant-occupied and features a private rear walkout and dedicated parking, with vacant possession available September 1, 2026. The freshly painted main-floor 1-bedroom unit and upper 2-bedroom unit with loft, skylights and south-facing deck provide exceptional flexibility for investors or owner-occupiers. Additional features include three separate hydro meters, three parking spaces, two new 2024 hot water tanks, a newly built two-tier rear deck and strong transit connectivity. With 1-bedroom units in the neighbourhood consistently achieving premium rents and enduring demand driven by the Glebe’s unmatched walkability and amenities, this is a turnkey investment with immediate income growth potential. (id:50982)

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)

Ottawa, Ontario

Development opportunity in Sandy Hill. This 40 x 100 ft lot (approx. 4,000 sq ft) sits within a Major Transit Station Area, roughly a 16-minute walk to the uOttawa O-Train station, with shops, restaurants, groceries and parks all within reach.The property falls under the City of Ottawa’s new N3B zoning framework (By-law 2026-50), which contemplates higher-density residential development on lots of this size. A completed architectural and planning study by RJH Architecture + Planning is available to qualified buyers and outlines three development concepts: a sixplex, two front-to-back triplexes capable of severance into separate freehold titles, or a nine-unit building. The Major Transit Station Area location means no on-site parking is required under the new framework.The existing 1942 home has sustained fire and smoke damage and is being sold for land value. Buyers are advised to complete their own due diligence regarding zoning status and permissions, demolition and remediation, lot dimensions, servicing, and all development potential.Sandy Hill continues to draw builder and investor interest, with new small multi-unit product throughout the surrounding blocks – a transit-oriented infill site with the planning groundwork already underway. Buyer to verify all information. Property sold as-is, where-is. (id:50982)

Ottawa, Ontario

Development opportunity in Sandy Hill. This 40 x 100 ft lot (approx. 4,000 sq ft) sits within a Major Transit Station Area, roughly a 16-minute walk to the uOttawa O-Train station, with shops, restaurants, groceries and parks all within reach.The property falls under the City of Ottawa’s new N3B zoning framework (By-law 2026-50), which contemplates higher-density residential development on lots of this size. A completed architectural and planning study by RJH Architecture + Planning is available to qualified buyers and outlines three development concepts: a sixplex, two front-to-back triplexes capable of severance into separate freehold titles, or a nine-unit building. The Major Transit Station Area location means no on-site parking is required under the new framework.The existing 1942 home has sustained fire and smoke damage and is being sold for land value. Buyers are advised to complete their own due diligence regarding zoning status and permissions, demolition and remediation, lot dimensions, servicing, and all development potential.Sandy Hill continues to draw builder and investor interest, with new small multi-unit product throughout the surrounding blocks – a transit-oriented infill site with the planning groundwork already underway. Buyer to verify all information. Property sold as-is, where-is. (id:50982)

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)

Ottawa, Ontario

Investor Alert! Welcome to 492 Vernon Avenue on a quiet residential street within walking distance to St. Laurent recreational complex. An exceptional opportunity for investors, developers, or buyers looking to unlock incredible future potential. This estate sale offers a rare chance to acquire a single-family home situated on a generous lot with the opportunity to renovate the existing layout into two one-bedroom basement apartments, creating a triplex opportunity (buyer to verify all zoning, permits, and municipal approvals). The upper level has 3 bedrooms and the lower level has 2 one-bedroom apartments ready to renovate with the existing layout. Can also be converted to a family home. Zoning is R3A, R4B, however buyer to verify all zoning, permits, and municipal approvals. Whether you’re looking to expand your investment portfolio, generate rental income, or maximize the property’s potential, this is an opportunity you won’t want to miss. Ideally located just minutes from downtown Ottawa and close to schools, parks, public transit, shopping, restaurants, hospital and all essential amenities. Property is being sold AS-IS where-is, with no representations or warranties by the Estate. (id:50982)

Ottawa, Ontario

Rarely does an opportunity like this come to market! This impressive custom-designed Duplex non-conforming triplex with an additional lower-level walkout apartment offers the perfect blend of quality craftsmanship, strong income potential, and flexible living arrangements. Featuring a total of 8 bedrooms across three self-contained floors, this purpose-built property has exterior finishes with premium materials including brick, stone, and stucco, providing outstanding curb appeal, durability, and enhanced insulation. Each spacious upper unit offers approx 1,600 sq. ft. of beautifully finished living space, highlighted by 9-foot ceilings, hardwood flooring, granite countertops, five included appliances, and generously sized primary bedrooms complete with private 3-piece ensuites. Designed with safety and functionality in mind, all units benefit from legal secondary means of egress, while the upper level also features a private second floor terrace-an uncommon and highly desirable feature.The bright lower-level walkout apartment enjoys direct backyard access and adds significant income-generating potential, making this property ideal for investors seeking strong cash flow or homeowners looking to offset mortgage costs with rental income. Situated directly across from Roy Park in a quiet family-friendly neighbourhood, this property offers unbeatable convenience just minutes from Innes Road, shopping, restaurants, schools, recreation facilities, public transit, and everyday amenities.The oversized backyard provides plenty of room for entertaining family and friends, with convenient access from all three units. An attached garage and ample parking further enhance the property’s appeal.Whether you’re an investor looking for a premium turnkey income property or a homeowner seeking a smart house-hacking opportunity, this exceptional multi-unit residence delivers versatility, quality, and long-term value in one of Orléans’ most desirable locations. (id:50982)

Ottawa, Ontario

Excellent investment opportunity in the heart of vibrant Vanier! Welcome to 208 Montfort Street, a well-maintained triplex offering strong income potential and excellent versatility for investors or owner-occupants alike. Ideally located close to downtown Ottawa, public transit, shopping, restaurants, parks, schools, and everyday amenities, this property provides convenience and accessibility in a rapidly growing neighbourhood. The building features three self-contained units with functional layouts, bright living spaces. Apt #204, Basement, has one bedroom, living room, kitchen & 3 pieces bathroom. Apt #206 & #208 have two bedrooms, living room, kitchen and 3 pieces bathroom each. Large windows throughout allow for plenty of natural light, while the property offers ample parking and outdoor space for tenant enjoyment. A fantastic opportunity to add to your investment portfolio with potential for steady rental income in a centrally located area close to employment hubs, University of Ottawa, and major commuter routes. Whether you are looking to live in one unit while generating rental income from the others or seeking a fully tenanted income property, this triplex offers exceptional value and long-term potential in one of Ottawa’s established urban communities. (id:50982)

Ottawa, Ontario

Exceptional investment opportunity in the heart of North Gower, offering immediate income and outstanding future development potential. Positioned prominently at the intersection of Roger Stevens Drive and Fourth Line Road, this unique land assembly includes two fully tenanted triplex buildings along with a commercially zoned parking lot situated between them. The parking area accommodates approximately 10-12 vehicles and features a versatile outbuilding currently utilized for storage. With Village Mixed Use (VM) zoning, this property presents remarkable flexibility for a wide range of commercial, residential, or mixed-use possibilities. Whether you’re seeking a strong income-generating asset, a strategic land holding, or a site with exciting redevelopment prospects, this offering delivers exceptional value and long-term upside in a growing community. *Lot size is based on all three properties. (id:50982)