Ottawa Triplex For Sale

Ottawa, Ontario

This gem, nestled in the heart of Hampton Park / Westboro, offers a great income earning opportunity, perfect for a live in owner. The charm of this purpose built fully brick clad classic 50’s triplex reflects an era when apartments had large rooms, separate dining rooms for entertaining and hardwood flooring was expected. A short walk to Westboro’s high street of Richmond road, which has become one of west Ottawa’s most dynamic entertainment and shopping districts, the location is superb. The spacious approximately 850 square foot apartments have been meticulously maintained including the original oak strip hardwood floors and period design work including original moldings blending modern and classic allowing for a neutral pallet for your decor tastes. The large new windows on four sides flood the space with natural light. The kitchens ( with storage pantry ) and bathrooms have been renovated with modern cabinetry, fixtures and appliances and are large enough for a breakfast area. All three apartments have spacious separate dining rooms with south facing newer vinyl windows which could become a home office as the living rooms are large enough to accommodate a dining area. Each unit has storage and access to the laundry room (free to Tenants). There are three parking spaces behind the fenced in, private yard (included in lease), one for each apartment. The building has separate front and back staircases, a private fenced in yard and room at the back for potential expansion under the new planning rules should a new buyer choose to add units. Located a short walk to the Hampton Park Mall, Westboro shops and rapid transit this location rents well to quality tenants. Gross income $66,048.00. The boiler is newer and all units have their own hydro panel plus sensor control for heating. Showing days and times: Wednesday-Friday 10:00-6:00, Saturday 10:00-6:00, Sunday 11:00-6:00. 24 hour minimum for all appointments and 24 hour irrevocable on all offers. (id:50982)

Ottawa, Ontario

In the heart of the ByWard Market, steps to Lowertown, this thoughtfully renovated, detached zoned triplex offers a unique balance of city living on a quiet tree-lined street. Steps from the vibrant ByWard Market, this property delivers unmatched location, character & strong income potential. Approximately 2,200 sq ft of well-designed living space, the property is currently configured as two spacious primary units w/ separate hydro meters, plus 2 additional self-contained studio suites-offering exceptional flexibility for investors, multi-generational living, or lifestyle buyers. Three units are currently vacant, w/ one on month-to-month tenancy (tenant willing to stay or vacate), providing immediate opportunity to set market rents, select tenants, or reposition for maximum yield. Bonus studio spaces offer strong potential for rental income, guest suites, home office use, or Airbnb. The main floor retains much of its original warmth & character, featuring original refinished hardwood flooring, cozy gas fireplace, classic clawfoot tub & large kitchen.The upper two-level 3+ den b/r unit features a spacious kitchen w/exposed beams, renovated bathrooms & strong architectural appeal. The upper studio offers a wood-burning fireplace, exposed beams, loft space, two Juliet balconies, vaulted ceilings & skylight creating a bright, open & creative environment. Extensive updates include electrical (ESA certified), plumbing (2016), roof (2017), siding w/ added insulation, furnace/water heater (2019), renovated baths & other interior improvements.Outdoor living enhanced by a private rear flagstone patio ideal for BBQs & entertaining. Rare 2 or 3 parking spaces & storage. Ideally located w/i walking distance to a park w/wading pool & tennis courts, green space, Ottawa River, Ottawa Art Gallery, embassies, DFAIT, Parliament Hill, University of Ottawa & Rideau Centre.A rare opportunity in one of Ottawa’s most desirable & consistently performing rental markets. 24 hrs irrevocable (id:50982)

Ottawa, Ontario

Well-maintained triplex on an oversized lot with over 84 ft of frontage, offering a rare opportunity to blend immediate cash flow, owner-occupancy potential, and long-term redevelopment upside. The property generates $48,192 annually with a net operating income of $31,582, featuring a spacious upper-level 3-bedroom unit ideal for an owner-occupant, complemented by two lower-level studio apartments to help offset carrying costs. Unit 1 and Unit 2 are currently on month-to-month leases, while Unit 3 is leased until July 31, 2026. This property has been meticulously maintained by long-term ownership, with clear pride of care throughout and very little deferred maintenance, allowing a new owner to step in and operate with confidence and minimal immediate capital requirements. Major capital improvements include a new roof (2014), driveway expansion and repaving, landscaping and regrading, masonry repairs, and a PVC privacy fence. For investors, this is a balanced asset with solid in-place income and clear upside. For end users, it presents a unique opportunity to live in a larger unit while generating meaningful rental income. The 84 ft frontage further enhances the property with strong future potential for redevelopment, severance, or expansion, making this a versatile acquisition in a market where opportunities like this are increasingly rare. (id:50982)

Ottawa, Ontario

Incredible opportunity to own a triplex steps from the Rideau Canal in the highly sought-after Old Ottawa East. This property offers exceptional potential to redevelop, expand, or add on, supported by three separate entrances and a rare oversized driveway. Located just moments from the Flora Footbridge, enjoy direct pedestrian access to the Glebe, Lansdowne, Whole Foods, TD Place, and year round festivals. Walk to Main Street’s cafés, restaurants, shops, and community amenities, or cycle the extensive canal and river pathways that make this one of Ottawa’s most walkable and bike-friendly neighbourhoods. Ottawa University is approx. 5 minutes away, Parliament Hill about 10 minutes, and transit, parks, and schools are all within easy reach. Whether held as a strong income property or transformed through redevelopment, this triplex sits in a rapidly evolving, high-demand urban pocket where lifestyle, connectivity, and long-term value converge. A rare chance to secure a centrally located property with outstanding upside in one of Ottawa’s most desirable communities. Some photos are digitally enhanced. 24 hours irrevocable on all offers. 48 hours notice required for all showings. 5 bedrooms & 2 kitchen above grade, 2 bedrooms & 1 kitchen below grade. (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

A rare opportunity to own a fully legal, code-compliant triplex with over $300,000 in premium renovations-perfect for investors or owner-occupiers. This beautifully updated century home offers three self-contained units (1-bed basement, 1-bed main floor, and a spacious 2-bed upper unit with loft), each with in-unit laundry and modern finishes, while preserving its original character.Highlights include 200 AMP electrical service, all-new plumbing, hardwood and laminate flooring, upgraded kitchens, added powder room, and parking for two. The exterior features fresh paint, new stairs, retaining walls, interlock walkway, and professional landscaping.A true turnkey investment combining strong rental potential, modern upgrades, and timeless charm in a prime location. (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

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)

Ottawa, Ontario

Unlock the potential of this exceptional income-generating property in one of Ottawa’s most desirable neighbourhoods. Offering two fully self-contained living spaces, this detached home is a rare opportunity for investors seeking strong cash flow and long-term upside.The main level features a bright and spacious 2-bedroom + den layout with an open-concept living and dining area, oversized windows, and a full 4-piece bath. The well-appointed kitchen, complete with a gas stove, opens to a private, inviting backyard-perfect for owner-occupancy or stable long-term rental income.A separate side entrance leads to the upper level, which includes two additional bedrooms, a full bath, and a complete kitchen. Currently operating as a turnkey Airbnb with professional property management available, this unit offers immediate, hassle-free short-term rental income. With a strong 5.5% cap rate and multiple revenue streams already in place, this property is built for performance. Additional highlights include a detached garage, parking for two vehicles, and highly flexible zoning that allows for a future triplex-maximizing both current returns and future development potential.Ideally located close to shops, hospitals, parks, and transit, this is a strategic investment opportunity combining cash flow, versatility, and long-term growth. (id:50982)

Ottawa, Ontario

CAP RATE 6.2%! Updated and well maintained TRIPLEX on a corner lot with three 1-bedroom units and two parking spots. Unit 1 – features a two-storey unit with an updated kitchen with microwave/hoodfan, eating area, a family room on the main floor, in-unit laundry and a large bedroom on the second floor with walk-in closet and full bathroom with laundry. Tenant pays $1,600 per month + hydro. Unit 2 – features a 1 bedroom unit with full kitchen, good size living room, in-unit laundry and full bathroom with laundry. Tenant pays $1,250 per month + hydro. Unit 3 – features a 1 bedroom apartment with full kitchen with eating area, spacious living room, and balcony. (VACANT – projected rent $1,800 per month). Updates: Heating (2022), Roof (2017), Windows (2017). NOI: $42,004.29 (approx.) (id:50982)

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)

Ottawa, Ontario

Prime Triplex – Immediate Cash Flow & Upside in Ottawa’s Hottest Neighbourhood: Sandy Hill. This exceptional 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. Three hydro meters streamline operations. 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)

Clarence-Rockland, Ontario

What an incredible investment opportunity under $600K! This triplex has spacious units, each with a private entrance, and has a list of recent renovations/upgrades including: roof, siding, decks, bathrooms, windows, and appliances. All lunits have two bedrooms, an in-suite washer and dryer, parking, and are leased month to month with a total income of $3585. Unit 1, on the left, is a two-story unit with 1.5 baths and a large private backyard. Unit 2, at the front, has 1 bath and a large deck. Unit 3, at the back, as 1.5 baths and an enormous private backyard. There is additional storage space in the basement that is accessed from the right-side door. This is your chance to secure a lucrative property. Book your showing today! Some photos are digitally enhanced. (id:50982)

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)

Ottawa, Ontario

Great Investment Opportunity! Large lot , .56 acres with plenty of Parking and no rear neighbours. Large detached garage/shed on the property with 60 amp service, potential for storage income. Updates include, but are not limited to: Furnace 2019, Drywall Fire Separations, Electrical, Air conditioning 2022, kitchen cabinets Unit # 1, 2019, new flat roofs, 2023, Septic cleaned and water tested regularly. The property has had 3 Apt. units for over 25-30 years. The buyer will need to conduct their own due diligence with the city regarding the property, as a legal non-conforming Triplex, at their own expense. Rental Income Apt. 1,2 bedroom $1500 per month, Apt. 2 1 bedroom, $1400, Apt. 3, 2 Bedroom, $ 1600/mos. Property generates a total of $ 4500/mth. 2 of 3 leases are now m-t-m with the latest tenant on a 1-year lease. Summary of expenses available upon request. Above-grade square footage is an estimate. Enjoy the amenities & lifestyle offerings of lovely Manotick, walking distance to St Mark’s High School & George Nelms Sports Park, a short commute to downtown and close to the 416. Don’t miss this opportunity! Property and appliances are being sold ” as is, where is ” condition. SHOWINGS REQUESTS: 48 hours notice for Showings as the property is tenant-occupied. ** This is a linked property.** (id:50982)

Ottawa, Ontario

A solid brick, income-producing non-conforming triplex situated on a generous 6,717 sq ft lot with Mainstreet zone 1 (MS1) zoning, allowing a range of commercial uses and unlocking significant future development potential. The property is fully tenanted; however, two tenants have provided notice. Units are actively being re-leased but vacant possession could be arranged.The building has been well maintained, with major upgrades completed in 2011, including plumbing, electrical, windows, kitchens, and bathrooms. Additional improvements include a sprinkler system, spray-foam insulation in the basement, and two new high-efficiency furnaces installed in 2025. Flooring consists of hardwood, and tiling. The property offers two driveways, ample parking, and a large rear yard extending behind the adjacent property. With 70 feet of frontage, the site may support further development. Located just off Merivale Road, this is a prime position near the Westgate Mall redevelopment, with easy access to public transit, the bicycle path running along the Experimental Farm to Carleton University, and shopping along Carling and Merivale. An excellent addition to any portfolio, with strong income today and compelling upside in a rapidly regenerating neighbourhood. 24-hour notice required for showings. Units One 3-storey, 1-bedroom townhouse-style unit with private entrance and fenced yard. Currently listed at $1,695/month. The third floor offers potential to dormer for additional bedroom space. One 2-storey, 2-bedroom apartment currently listed at $1,900/month. One main-floor bachelor apartment rented at $1,375/month. Expenses – Insurance: $3,713.00, Taxes: $4,284.97, Hydro: $1,020.00, Gas: $1,033.00, Water: $1,280.00 (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

So much potential and charm! Check out this triplex steps away from the Rideau Canal, restaurants,Parliament Hill, University of Ottawa & much more! Located in one of the most sought-after areas in the Golden Triangle. Very large main floor features 2 bedrooms as well as an office/den area (currently used as a 3rd bedroom), large living room with a fireplace & a ton of natural light! 2nd floor features 1 bedroom, formal dining area/office, sitting room & its own large balcony. 3rd floor features 2 bedrooms, an office/formal dinning area & has a ton of natural light throughout! Updates include: Maize Siding & Eavestroughing, windows, roof, boiler (2018) maintenance every year, driveway & more! Main floor will be vacant upon closing – perfect for owner occupied unit with additional income from the other units, or investment opportunity! (id:50982)

North Dundas, Ontario

Prime development opportunity just minutes from the charming town of Winchester and an easy commute to Ottawa. This expansive 8.5-acre parcel offers a rare combination of immediate and future potential.One acre is already approved with a shovel-ready permit to build a triplex-ideal for investors or builders looking to get started right away. The remaining 7.5 acres provide excellent long-term upside, with the potential to create 8 additional residential lots (buyer to verify).Situated in a desirable and growing area, this property offers exceptional value at a fraction of the price compared to similar opportunities closer to the city. Whether you’re looking to build, invest, or land bank for the future, this is a versatile property with significant potential. (id:50982)

Ottawa, Ontario

350 Fifth Avenue offers a rare opportunity to own a legal triplex with a bonus non-conforming bachelor suite in the heart of the Glebe, just steps from Carleton University, Lansdowne Park, and the Rideau Canal. This charming brick property features a versatile unit mix including two spacious 3-bedroom apartments, a 1-bedroom unit, and a self-contained bachelor suite in the basement. Three units are currently leased, generating stable income with Unit 1 rented at $2,500/month plus hydro, Unit 2 at $2,600/month plus hydro and inclusive of parking, and Unit 3 at $1,650/month plus hydro. Unit 4, the vacant bachelor suite, is currently being offered for lease at $1,100/month inclusive of utilities, providing flexibility for a new tenancy. The upper units showcase high ceilings, large windows, timeless architectural character, and private south-facing decks that tenants love, making this an excellent opportunity for investors seeking a quality multi-unit property in one of Ottawa’s strongest rental and student housing markets. Additional income is generated through coin-operated laundry and parking. The property includes four hydro meters, central heating through a single thermostat system, a newly installed and owned high-efficiency furnace and on-demand hot water system (2025), an owned coin-operated washer and dryer (2023), and four on-site parking spaces. An exceptional investment opportunity in one of Ottawa’s most desirable and walkable neighbourhoods. (id:50982)

Smiths Falls, Ontario

143 Brockville Street offers a solid investment opportunity in Smiths Falls with strong income potential and future upside. This triplex features one 2 bedroom unit, one 3 bedroom unit, and one vacant 1 bedroom unit that could generate approximately $1,500/month inclusive of heat and hydro, allowing a new owner the opportunity to improve cash flow from day one. Apartment 1 – 3 bedroom – currently rents for $1,600/month inclusive of heat and hydro, while Apartment 3 – 2 bedroom – rents for $1,000/month with a $100/month credit for snow removal and grass cutting. The property is conveniently located within walking distance to downtown Smiths Falls, groceries, restaurants, and everyday amenities, making it attractive to tenants looking for affordability and convenience. The large shared rear yard adds usable outdoor space for tenants, while the basement laundry area offers additional potential for storage lockers or future improvements. With reasonable operating costs, reliable tenants, and the continued demand for rental housing in Smiths Falls due to its affordability and proximity to Ottawa, this property presents a practical opportunity for investors looking to add to their portfolio or enter the multi unit market. (id:50982)

Ottawa, Ontario

Welcome to 70 Anderson Street – a fantastic investment opportunity in the heart of Little Italy. This handsome 2-1/2 storey red brick triplex, complete with an addition, is perfectly positioned to Preston Street and Chinatown, offering unbeatable walkability and strong rental appeal. The property features three well-laid-out units: Apt 1 – a 1-bedroom apartment, Apt 2 – a bachelor apartment, Apt 3 – a two-level spacious 2-bedroom apartment. Key updates include a new furnace (2026), kitchen and bathroom remodel in Apt 2 (2021), a kitchen and bathroom remodel in Apt 1 (2015), a rebuilt front exterior retaining wall (2024), an interlock metal roof (2013), and a reconstructed 2-storey front porch (2010). Additional conveniences include coin-operated laundry in the basement. Please note: restricted showing times with 24 hours’ notice required. A solid addition to any portfolio-don’t miss this opportunity! 24 hour irrevocable. (id:50982)

Ottawa, Ontario

Attention DEVELOPERS and BUILDERS! Rare opportunity to acquire a 50 FT FRONTAGE x 104 ft depth lot (5,200 sq ft) in Ottawa’s rapidly intensifying Overbrook neighbourhood. 209 Glynn Avenue is situated on a quiet residential street with strong access to the Rideau River, LRT, highway and downtown core. The lot is zoned R3 allowing for a range of low-rise residential intensification uses including low-rise multi-unit development (triplex/fourplex), townhouses, semi-detached or severance potential (subject to city approvals). The existing structure is being sold as-is, where-is (no warranties), with primary value in land and redevelopment potential. The area is surrounded by ongoing infill activity and strong rental demand. Buyer to perform due diligence on zoning, permitted uses, setbacks, and development options. 24 hour irrevocable required on offers. (id:50982)

Ottawa, Ontario

Stately all-brick triplex in the heart of Centretown- an exceptional turnkey investment opportunity just steps to shops, restaurants, transit, and all urban amenities. Situated on a quiet one-way street surrounded by beautifully renovated homes, this meticulously updated property (2012) blends timeless character with modern finishes throughout. Offering three self-contained units, this property features two spacious 3-bedroom apartments plus a 1-bedroom lower unit, each with in-suite laundry and tenants paying hydro-an ideal setup for strong, consistent income. Apt. 1 -The main floor OWNER’S SUITE (approx. 1915 sq ft) is a standout, showcasing a bright open-concept layout with a luxurious kitchen featuring extensive quartz countertops, high-end stainless-steel appliances, and an oversized eat-in bar that comfortably seats six-perfect for entertaining. The expansive living and dining area is anchored by a gas fireplace with custom built-ins, creating a warm yet sophisticated space + access to the landscaped rear garden. This level offers two generous bedrooms, a full bath, plus a fully finished lower level with a 3rd bedroom + a media room, 2nd full bathroom, and laundry. Potential rental income of approx. $3,600/month. Apt. 2 – The upper unit spans the second and third floors, offering over (1201 sq ft) of living space. This well-designed layout includes 3 bedrooms (1 on the second floor & 2 on the third floor), a lovely kitchen with an eat-in area, a full bathroom, and in-unit laundry + a front balcony. Bright and spacious, this unit generates $2,200/month. Apt. 3 -The lower 1-bedroom unit (562 sq ft) is well-appointed and currently brings in $1,425/month. Additional highlights include a private backyard with deck and patio, 2 parking spaces (one in front and potentially one in garage) A rare opportunity to own a beautifully maintained, income-generating property in one of Ottawa’s most desirable central neighbourhoods. SEE LAST PHOTO FOR FULL FINANCIAL PROFILE. (id:50982)