Ottawa Triplex For Sale

Ottawa, Ontario

Welcome to this charming triplex located in the heart of the desirable Carlington neighborhood. There are 3 units. Each unit has been thoughtfully maintained and offers comfortable living spaces with hardwood flooring throughout. Unit 1: 1 bedroom, 1 bathroom – cozy and functional, perfect for singles or couples. Unit 2: 2 bedrooms, 1 bathroom – bright and spacious, ideal for small families or roommates. Unit 3: 2 bedrooms, 1 bathroom – generously sized with ample closet space. Each unit features a bright and practical kitchen equipped with essential appliances, while convenient laundry facilities are located on the main floor of the building. Step outside to a shared backyard space, perfect for barbecues, relaxing, or entertaining friends. This fantastic location puts you close to everything you need: public transit, shopping, coffee shops, grocery stores, and parks are all just minutes away. Don’t miss the opportunity to make one of these comfortable and conveniently located units your next home – book your viewing today! (id:50982)

Ottawa, Ontario

In the heart of the ByWard Market, steps to Lowertown, this thoughtfully renovated, detached 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 two 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 with 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 and consistently performing rental markets. 24 hrs irrevocable (id:50982)

North Grenville, Ontario

Positioned on Thomas Street in the heart of Kemptville, this prime vacant parcel offers a rare opportunity for both standalone development and potential land assembly. Just steps to the South Branch of the Rideau River, hospital, library, schools, post office, and walking paths-with NGTransit nearby-this location supports true walkable living and long-term value. Zoned R3, the property permits a range of residential uses including duplex, semi-detached, triplex, and additional residential units, making it well-suited for efficient infill development. Whether you’re looking to build now or hold for future growth, the flexibility here is clear. For those seeking greater scale, the adjacent 5-plex presents a compelling assembly opportunity to increase density and unlock additional potential. A strategic investment in one of Kemptville’s most connected and desirable neighbourhoods. (id:50982)

Ottawa, Ontario

Landmark corner triplex in the heart of the Glebe offering refined owner occupied living with excellent income and potential and over 4,775 sq ft of total living space. The award winning main residence, recipient if the 2019 GOHBA Best Renovation over $500K and featured on the 2023 Glebe Tour of Homes, underwent an extensive renovation and addition in 2017 and 2018 with exceptional craftsmanship and high end finishes throughout. The luxurious owner occupied main level unit offers 3+1 bedrooms plus a recreation room and 2+1 bathrooms. Thoughtfully designed open concept living spaces are paired with outstanding soundproofing for comfort and privacy. Enjoy a wrap around front porch and two private courtyards with low maintenance landscaping and quality exterior finishes that create seamless indoor outdoor living. Two well proportioned income suites with a separate entrance at 641 Lyon St S each feature generous private outdoor areas and dedicated parking. Unit #2 includes 2 bedrooms and 2 bathrooms with an ensuite and was renovated in 2012. Unit #3 offers 2 bedrooms, one of which is a loft-style bedroom ideal for a home office or flexible space, along with 1 bathroom. A rare triple car garage, and oversized laneway adds significant value for the area. Strong net income and potential for future 4th unit in the basement to further enhance the investment profile. A distinguished multi residential opportunity in one of Ottawa’s most established and vibrant neighbourhoods. This property is exceptional! (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

Prime Glebe/Little Italy 5.5 CAP: Triplex 446 Cambridge Street South, Ottawa. Discover exceptional income potential in one of Ottawas most walkable and vibrant neighbourhoods. Perfectly situated between the Glebe and Little Italy, this property is steps from 24/7 conveniences such as McDonalds, Tim Hortons, grocery and convenience stores, and direct bus service to Carleton University and University of Ottawa. The O-Train, boutique shops, diverse restaurants, and the natural beauty of Dows Lake and Commissioners Park are all within a short stroll. This quiet, well-maintained triplex features: Two one-bedroom apartments and one two-bedroom apartment, each with in-unit laundry and fully occupied. Recent upgrades that enhance value and reduce maintenance:Tankless on-demand hot water system (2025),New roof (2023), Fresh asphalt paving (2025), Updated kitchens, bathrooms, and flooring (2022), Furnace and AC 2019. The thoughtfully designed layout appeals to young professionals, students, and urban dwellers, ensuring strong rental demand year after year. Nearby highlights include Dows Lake Pavilion, Lansdowne Park, and Preston Streets dining district, plus quick access to Carleton University, University of Ottawa, and Algonquin College.Whether you’re looking to expand your investment portfolio or live in one unit while earning income from the others, this Triplex delivers long-term stability, modern efficiencies, and a location that remains one of Ottawas most desirable. ***Some photos are digitally Staged***Financials available upon request. (id:50982)

Ottawa, Ontario

Exceptional opportunity to own a legal triplex in the heart of Sandy Hill-just steps to the University of Ottawa and walking distance to downtown, transit, shops, and restaurants. Whether you’re looking for a strong income property, a multi-generational home, or the flexibility to live in one unit while renting the others, this property offers unmatched versatility. This fully tenanted triplex generates solid income with a projected annual revenue of over $73,000, with tenants paying hydro and separate metering in place for all three units. The building has been extensively upgraded, including a complete basement redevelopment with new plumbing, electrical, structural support, and a full waterproofing system. Major improvements also include a 200 AMP service, updated kitchens (2015), metal roof with lifetime warranty (2016), leaf-guard eavestroughs (2018), updated windows, and new exterior doors. Unit mix includes a bright 2-bedroom unit with modern finishes, a renovated 1-bedroom with long-term tenant, and a spacious 3-bedroom + loft with consistent rental demand. Four parking spaces at the rear add further value. With strong rental history, minimal vacancy, and significant capital improvements already completed, this is a rare turnkey opportunity in one of Ottawa’s most desirable rental locations. (id:50982)

Ottawa, Ontario

Prime mixed-use opportunity in the heart of Centretown. This detached 2-storey property offers flexible TM zoning allowing for residential, commercial, or mixed-use, making it ideal for investors, business owners, or live/work scenarios. Currently configured as two self-contained units and a bonus accessory unit with a separate vestibule entrance, with the option to convert to a 4-bedroom residential layout.Positioned on a 110 ft deep lot with ample on-site parking, this well-maintained building is clean, functional, and full of upside. The main level was previously operated as a restaurant and is set up to meet fire and safety requirements (buyer to verify), while the upper unit features a private balcony. The property also includes a dry basement, adding usable storage or future potential.Recent updates include over $80,000 in upgrades and major components such as roof, furnace, and A/C (approx. 2013-2014). According to MPAC, the property is recognized as a triplex with residential and commercial/industrial use, providing strong long-term flexibility and redevelopment potential.Unbeatable location just steps to Little Italy, Chinatown, LeBreton Flats, and within walking distance to the LRT, offering excellent access to transit, amenities, and future growth.Investor bonus: opportunity to acquire the neighbouring property for a potential land assembly.A rare, versatile asset in a high-demand urban corridor. Great for an investment now, maybe a owner-operated unit in the future! (id:50982)

Ottawa, Ontario

Welcome to 375 St-Denis, a well-maintained triplex in Ottawa’s east end, offering a strong opportunity for investors looking to acquire a multi-unit property with solid fundamentals. This fully tenanted building features three self-contained units generating approximately $58,000 in gross annual income. Unit A is a 2-bedroom, 1-bath basement apartment with long-term tenants. Unit B is a spacious 2-bedroom plus den, 1-bath unit with recent renovations. Unit C is a bright 2-bedroom, 1-bath unit featuring a recently updated large kitchen, in-unit washer and dryer, and access to a large exterior deck. The property has been consistently maintained and offers a straightforward layout that is easy to manage. With a mix of updated features and functional unit configurations, it appeals to a broad tenant base. Located close to public transit, schools, parks, and everyday amenities, the area continues to support steady rental demand. An excellent addition to any portfolio, with potential for further optimization over time. (id:50982)

Ottawa, Ontario

Turnkey triplex investment opportunity in desirable Britannia Heights with a strong tenant profile and over 40 years of pride of ownership. The property features two spacious 3-bedroom units and one 2-bedroom unit, offering an excellent unit mix for stable rental income. Units have been updated over time, including one fully renovated unit in 2024 with dishwasher.Tenants are reliable and pay on time, with separately metered hydro paid by tenants. Recent capital improvements include two gas forced-air furnaces (2012 & 2026) and three owned electric hot water tanks (2013, 2023, 2024).Ideal for investors seeking a well-maintained, low-maintenance asset or owner-occupants looking to live in one unit while offsetting expenses with rental income (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. (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

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. 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)

Ottawa, Ontario

Purpose-Built Brick Triplex in a Prime Location! Ideal as a multi-generational home. A property you can easily envision calling home while generating income. This well-maintained triplex offers two spacious 3-bedroom units (approx 1000 sqft each) and one bright 2-bedroom basement (865 sqft) apartment with walkout basement to backyard.. Renovations completed in 2023- Apartments 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 1 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/dining room. Apt#1 and #2 have identical layouts. Month to Month Tenancy. Roof 2005 with 25 year shingles. 3 Hydro Meters. Updated windows about 15 years ago. Large backyard 52′ x 110′ with interlock patio. An investment opportunity live in one unit and collect income from the others. Located within walking distance to Elmvale Acres Shopping Mall, and close to The Perley, CHEO, The Ottawa General Hospital, schools, and Trainyards. 24 hour notice for showings. Tenant in Apt 2. vacating May 1st (currently for lease). Vacant possession will be provided for Basement apartment. (id:50982)

Ottawa, Ontario

Exceptional turnkey investment opportunity in the heart of Sandy Hill, just one block from the University of Ottawa. This legal triplex with a secondary dwelling unit comprises four highly desirable, income-producing apartments, perfectly positioned for consistent student rental demand. 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). Current monthly rents are as follows: Apartment 1 – $1,734; Apartment 2 – $1,850; Apartment 3 – $1,834; Apartment 4 – $1,750. The property is equipped with five hydro meters, allowing for efficient utility management. Additional income is generated through parking ($4,080 annually) and coin-operated laundry ($1,000 annually), resulting in a strong net operating income of $69,600, with considerable upside potential through future rent increases. Notably, Apartments 2 and 3 will become vacant on April 30, 2026, providing the incoming owner with an opportunity to set market rents. A fire retrofit certificate is on file. A rare offering and a true cornerstone asset for any investment portfolio. (id:50982)

Carleton Place, Ontario

This beautifully maintained TRIPLEX (owned by the same owners since 2004) located in a highly sought-after neighborhood, presents an incredible investment opportunity. Just a block away from Centennial Park, residents can easily access a dog friendly beach, expansive greenspace, and peaceful walking trails. The property is conveniently walking distance from downtown Carleton Place, offering a variety of quaint shops and restaurants. Highlights include a huge backyard, parking for 4 cars, and recent upgrades like a new roof and eavestroughs in 2023, and a fresh exterior repaint in 2025. The triplex features three units with recent renovations: Unit #189 updated in 2023 is a 1 bdrm upper unit. Unit #193 refurbished in 2024 is a 2 bdrm upper unit. Unit #191 freshly painted in 2026 is a 3 bdrm main floor unit. Most windows have been upgraded over the years, enhancing energy efficiency. All units have their own hot water tanks that are owned not rented. This property is a fantastic opportunity for both seasoned investors and newcomers to the real estate market, promising immediate and long-term rewards in a charming community. 24 hour irrevocable on all offers. (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

Luxury triplex built by Blueprint Construction on an oversized lot rarely offered with expansive 1400sq/ft units on each floor. Additional 3 non-conforming studio apartments in the basement built to code. This turnkey newly built multi-family building produces $92,559 net operating income annually. These expansive units with luxury finishes offer a generous 3-bedroom 2-bathroom apartment, all with ample parking. As the real estate cliche goes , a quality rental attracts a quality tenant. Located just minutes from schools, grocery stores, Shopping Centre, restaurants, and public transit. making this an incredible opportunity for any investor looking for a high-earning property with growth potential. “Ottawa’s landmark new zoning by-law will legalize all six existing units on this oversized lot at 550 Guy St (N3B)!” (id:50982)

Ottawa, Ontario

This is no standard triplex! The homes exterior sets it apart from most other designs in the neighbourhood. This light-filled triplex was constructed in 2014. Massive garage is fully insulated, heated & can be used as a workshop year-round. The main portion of the building is a spectacular 1200 sq ft, two-level living space. Great for owner-occupier. There is also a separate one-bedroom unit on the ground floor, as well as another one bedroom basement suite. This beautifully designed triplex offers versatile options, such as multigenerational living, an owner occupant seeking to Airbnb the other units or for 3 young professionals to purchase together & have their private residences. The 2 level unit is an elegant, refined space filled with pine floors, natural wood finishes & light colours. Open concept living/dining/kitchen is a sunny oasis with two-storey window facing west. Incredible outdoor yard/patio off the living room is a highlight. Built out over the expansive garage, featuring decks, astroturf area, greenery, etc. Upper level has the primary bedroom leading to a spacious deck. Ensuite bathroom features freestanding tub, glass shower, concrete sink & powder room for privacy. Additional den/office bedroom overlooking the main level. Built-in speakers inside & out. Rented for $3800. until September. First floor unit is a spacious 1 bedroom w/ full bath, white kitchen, office nook & oversized patio doors to front deck. Rented since 2018, $1875 + utilities. Lower level unit is a 1 bedroom with built-in desk, 3 piece bath & radiant floor heat. Rented for $1500 + utilities. Washer/dryer in each unit. Quartz counters. Separate heating, ventilating & air conditioning systems. Hot water on-demand. Landlord only pays water. Quality construction with pride of ownership. Walk to all that Hintonburg/Wellington Village has to offer! Minutes to downtown, Lebreton Flats, Little Italy & the Ottawa River. 24 hrs notice for showings/offers. (id:50982)

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)

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

Fantastic triplex in the heart of Ottawa, ideal for investors or owner-occupants! Discover an exceptional living experience with this well-maintained triplex located in one of Ottawa’s most vibrant and sought-after neighborhoods. Just minutes from downtown, this property offers unbeatable access to the Byward Market, Parliament Hill and the University of Ottawa. Restaurants, shops, and entertainment, everything the city has to offer is at your doorstep. Steps from bike paths along the Rideau Canal, public transit, and major downtown attractions. Perfect for outdoor enthusiasts, students, and professionals alike. The spacious versatile main-floor unit features 3-4 bedrooms, a generous living/dining area, and a beautiful screened-in porch. Ideal for tenants working from home, with flexible space for an office. Two additional units includes one 2-bedroom unit and a 1 bedroom unit, great for consistent rental income. On-site parking & garage, a rare find in central Ottawa provides valuable convenience in a high-demand area. This triplex offers the perfect blend of lifestyle, location, and investment potential. Whether you’re looking to live in one unit and rent out the others, or add a solid income property to your portfolio, this is a must-see opportunity. (id:50982)

Ottawa, Ontario

Perfect for a growing family, multi-generational living, or a prime investment opportunity with strong income potential! Choose your own tenants!! Welcome to this versatile duplex, formerly a triplex, situated on a generous 47 x 113 ft lot and zoned R4 – offering excellent redevelopment and value-add potential. The current configuration includes a spacious 3-bedroom unit and a well-sized 2-bedroom unit, both featuring no carpet throughout for low-maintenance ownership and long-term durability.The lower level, previously used as a third unit, provides additional income potential and flexibility for future optimization. An attached garage adds tenant appeal and rental value. With all units currently vacant, investors and owner-occupiers benefit from the rare opportunity to move in immediately, set market rents, and strategically select tenants.Ideally located just minutes from downtown Ottawa, this property offers strong rental demand driven by proximity to transit, parks, schools, and major amenities. Recent updates including PVC windows and a newer roof reduce near-term capital expenses. With three separate hydro meters already in place, operating costs can be efficiently managed and passed on to tenants.Whether you’re building your rental portfolio, accommodating extended family living, or targeting long-term appreciation and redevelopment upside, this property delivers flexibility, location, and income growth potential in one complete package. (id:50982)

The Nation, Ontario

Welcome to this well-maintained triplex condo offering three spacious, fully tenanted units-an ideal addition to any investment portfolio. Each unit features a generous layout with walk-in closets and cozy gas fireplaces, adding comfort and appeal for tenants year-round. The top and middle level units enjoy private balconies, providing desirable outdoor living space. Located in the growing community of Limoges, this property offers stable rental income with strong long-term potential. A turnkey investment you won’t want to miss (id:50982)

Kirkland Lake, Ontario

Great investment opportunity in the heart of Kirkland Lake. This fully tenanted triplex offers three self-contained units, each featuring two bedrooms, one bathroom, and a practical kitchen-living room layout. Located in a mature residential neighbourhood, the property is within close proximity to schools, parks, medical facilities, and local amenities. With stable tenancy already in place, this is an ideal option for investors seeking a turnkey addition to their portfolio in a community with consistent rental demand. Some photos are virtually staged. (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

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

Well-maintained triplex offering strong rental income in a convenient location just minutes to downtown. Excellent access to transit, shopping, parks, and everyday amenities make it an appealing location for tenants. This fully occupied property features three spacious units, each offering 2 bedrooms and 1 bathroom. Unit 1 (main floor) currently pays $2200/month. Unit 2 (upper level) currently pays $2100/month (tenants are vacating March 31st – set your new rent!). Unit 3 (lower level) is currently paying $1900/month. Many improvements have been made to the property: basement fully renovated (2025); roof (2023); windows (2015); furnace (2023); exterior paint (2023) and driveway asphalt redone (2023). Information Sheet attached with additional details. Favourable zoning allows for the potential construction of a coach house in the rear yard, providing an opportunity for additional living space, a guest suite, or an income-generating unit (buyer to perform their own due diligence). (id:50982)

Ottawa, Ontario

Exceptional Investment Opportunity – Turnkey Triplex + Studio in Prestigious New Edinburgh/Lindenlea. Strong income-producing asset with a 5.4% cap rate, gross income of $88,800, and NOI of $70,856, supporting approximately $1,250,000 in financing at current rates – a true money maker. Unit 1 is leased at $1,850/month + hydro, Unit 2 (vacant) offers market rent of approximately $2,500/month, Unit 3 is rented at $2,500/month + hydro, and the studio/workshop generates $550/month, providing stable income with upside. Ideally located steps to Global Affairs, Beechwood Village, and scenic pathways along the Ottawa and Rideau Rivers, and within walking distance to the ByWard Market and the Governor General’s Residence. This meticulously maintained all-brick purpose-built triplex plus separate studio/workshop within a double detached garage is a turnkey investment. The lower level features a renovated 1-bedroom unit with hardwood floors and a modern 2025 bathroom, the main floor offers a bright 2-bedroom unit with refinished hardwood, renovated bath, large eat-in kitchen, and oversized deck with garden access, while the second floor includes a 2-bedroom + den + solarium unit with hardwood throughout, updated kitchen and bath, and private laundry. The insulated studio/workshop with its own electrical panel is ideal for a gym, office, or added income. Additional features include an enclosed rear staircase, shared laundry (Units 1 & 2), gas-fired hot water heating, A/C in the basement unit, tandem multi-car driveway plus garage parking, and professional painting throughout. Extensive upgrades include foundation waterproofing, roof replacement, owned hot water tanks, rebuilt rear stairs and deck, upgraded appliances, added dishwashers, new faucets, renovated bathrooms, and refinished hardwood floors. SEE LAST PHOTO FOR FULL FINANCIAL PROFILE. (id:50982)

Ottawa, Ontario

This move-in ready triplex is ideally located just 10 minutes from downtown Ottawa, offering exceptional convenience and lifestyle. Situated within walking distance to NCC paths, the Experimental Farm, transit, shopping, schools, hospitals, and more, it’s a rare opportunity in a prime location. The main unit features three bedrooms and is perfect for owner occupancy, with its own private entrance, in-unit laundry, a sunny back deck, and a charming front garden. Inside, the home is bright and spacious, showcasing an open-concept great room, a modern kitchen with granite countertops, updated flooring, and fresh paint throughout. The lower level includes two bright and inviting one-bedroom units, each with its own separate entrance and access to a shared laundry area. Currently fully tenanted at $1213.98 (unit 1), $1208.22 (unit 2) and $2750.00 (unit 3) Showings available on Tuesdays, Fridays , or Sunday aftenoons (id:50982)

Ottawa, Ontario

CAP RATE 5.7%! 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. Tenant vacating (projected rent $1,800 per month). Updates: Heating (2022), Roof (2017), Windows (2017). NOI: $39,605 (approx.) (id:50982)

Ottawa, Ontario

Exceptional redevelopment and investment opportunity with approved minor variance for semi-detached redevelopment. Drawings are prepared for two semi-detached triplexes, offering significant future potential. The property also presents strong short-term rental (Airbnb) income possibilities, making it an attractive option for investors and end users alike. Ideally located just steps from Westboro Beach and the Ottawa River Parkway, this property offers an outstanding lifestyle. Enjoy cycling along scenic river pathways or walking to Westboro’s vibrant boutiques, restaurants, and popular Farmers’ Market. Convenient access to schools and Dovercourt Recreation Centre enhances the appeal for families. This charming detached home features perennial gardens and a stone walkway leading to a welcoming covered porch. Inside, updated double-hung windows fill the main level with natural light, highlighting high ceilings and classic trim details throughout. The main floor offers a versatile den or living room with French doors, a bright dining room, a functional kitchen, and a spacious living/family room with a gas fireplace and built-in shelving-ideal for everyday living and entertaining. The second floor includes three comfortable bedrooms and a beautifully renovated 4-piece bathroom with a soaker tub. The expansive west-facing backyard is fully fenced and features a patio and gas BBQ hookup, perfect for outdoor gatherings. A separate one-plus car garage provides excellent storage and added convenience. A rare opportunity to invest, live, or redevelop in one of Ottawa’s most desirable neighborhoods. (id:50982)

Pembroke, Ontario

Graceful Edwardian all brick Triplex close to downtown Pembroke. This lovely house sits on a corner lot was built as a 3 unit structure and still maintains it’s original Edwardian charm. Two separate driveways and backs onto school. Roof shingles, soffits, fascia and eaves-troughing replaced in 2014. Vinyl windows and doors replaced in 2008. Each unit unit has separate ground floor entrances with bedrooms & baths upstairs. Unit 201 is a Spacious unit with 3 bedrooms has attached garage and basement area with private laundry. #199 – two bedrooms upstairs, original trim, main floor laundry area off kitchen. #197 is the back unit and has been recently renovated. Small kitchen and Livingroom, 2 bedrooms, 4 pc bath. Owned Hot water tank replaced 2025. All units have separate hydro meters (tenants pay own hydro). Currently 2 units rented so pick your own tenant for unit 197 . Great location close to downtown amenities. 24 Hour irrevocable on all offers. (id:50982)

Clarence-Rockland, Ontario

Solid income-producing triplex in the village of Bourget, within the municipality of Clarence-Rockland. Fully tenanted, offering immediate cash flow from day one. The property fronts on Champlain Street and backs onto Maisonneuve Street, providing excellent access and added flexibility. Features three self-contained units with three kitchens and three laundry areas. Heated by two forced-air natural gas furnaces. Municipal water with septic system. Current rents: Unit A (1 bedrm) $1418/mth, Unit B (2 bedrms) $1375/mth, Unit C (2nd floor 1 bedrm) $1100/mth. Total annual gross income $46,716. Annual Operating Expenses $12,449. Ideal opportunity for investors seeking a stable asset in a growing rental market. Convenient village location close to local amenities, primary school and within commuting distance to Ottawa. Minimum of 24 hours notice for all showings and 24 hrs irrevocable on all offers. (id:50982)

Ottawa, Ontario

Welcome to one of Ottawa’s most impressive architectural masterpieces. Built in 2016 by Bellagio, this ~7,800 sq. ft. custom luxury triplex was designed by the builder-owner with no expense spared. Combining sophisticated modern living with exceptional investment upside, this property is offered significantly below today’s replacement cost of ~$3.5M+. Each expansive residence spans 2,400 to 2,750 sq. ft. and features 3 to 4 bedrooms, 2.5 baths, soaring 9-foot ceilings, and open-concept layouts. Premium craftsmanship is evident throughout, including engineered hardwood, quartz waterfall islands, Italian porcelain, custom cabinetry, floor-to-ceiling windows, and 8-foot solid-core doors. Independence is guaranteed as every unit is equipped with its own electrical panel, furnace, HRV, tankless water heater, and in-suite laundry.The building is designed for elite entertaining, featuring a grand floating staircase that is elevator-ready, a heated double garage, and a common theatre room. The massive rooftop patio is a true urban oasis, prepped for a full outdoor kitchen, hot tub, and shower, all while offering stunning panoramic views of the downtown skyline. Strategically located steps from the Rideau Sports Centre, Sandy Hill footbridge, and Ottawa U, the property is primed for long-term growth with R4UC-C zoning and an upcoming shift to CM2 zoning in 2025 for potential commercial use. The fire-rated basement is already roughed-in for a 4th/5th unit, making this a rare opportunity for multi-generational living, high-end rentals, or a future condo conversion. The upcoming CM1 zoning (2025) transforms this property into a high-density, mixed-use asset. This new designation permits building heights typically up to four storeys and introduces a wide range of commercial uses, including professional offices, medical clinics, daycares, and retail.Experience the ultimate in Ottawa luxury with endless potential. Book your private showing today. (id:50982)

Ottawa, Ontario

Upgrade to a 5-unit building with stronger cash flow and lower vacancy risk than a triplex or single unit building, while paying a comparable price point. This fully-rented 5-plex generates $98,700 in gross annual income and is located just 700m from Tunney’s Pasture LRT Station and 300m from the Government Tunney’s Pasture complex, providing a consistent tenant base. The property operates efficiently with keypad entry systems on each unit and multiple interior renovations, making it straightforward to manage and attractive to tenants. The unit mix supports steady demand and includes one 2-bedroom unit, two 1-bedroom units, and two bachelor suites, all currently rented. Four of the five units include in-suite laundry. Located a few blocks from Hintonburg’s shops and restaurants, the building also offers close proximity to the Ottawa River pathways, Laroche Park, the Civic Hospital, and the future redevelopment at LeBreton Flats, contributing to long-term rental demand.Additional features include R4UD zoning, two owned hot water tanks, and rear parking for three vehicles accessed by a city-maintained laneway. A well-maintained multi-unit asset in a transit-oriented location with stable income and long-term growth potential. Note – 4 of the five units have in-suite laundry. All appliances, 2 hot water tanks, and a list of furniture is included in the sale price! *Email to get the finanical spreadsheet* (id:50982)

Ottawa, Ontario

The Glebe: Resilient. Walkable. Profitable. This classic century triplex at 60 Clarey Avenue sits in the ultimate sweet spot of the Glebe, just steps from Lansdowne and Bank Street. Anchor yourself in Ottawa’s most in-demand neighbourhood with a strategy to bypass old rent rolls and set market rates immediately. The main floor 1-bed unit is vacant by the end of March. The upper unit, extensively renovated in 2017, is a 2-bed + loft den with sky light with a large South-facing deck available June 1st. The lower 1-bed unit features a separate rear walkout, new egress window, and dedicated parking, providing steady cash flow. Features: a new two-tier deck, 3 hydro meters, 3 parking spots, and new 2024 HWTs. With a high Walk Score and unbeatable transit, this isn’t just a property; it’s a defensible asset in a location that consistently outperforms. Build equity where it counts. (id:50982)

Ottawa, Ontario

Experience a rare blend of modern luxury and high-yield investment at 36 Ontario Street, a stunning 2016-built triplex generating over $124,000 in annual rental income. Nestled on a quiet street just steps from the Rideau River, this property offers an unparalleled lifestyle in a thriving neighbourhood, all while staying minutes from downtown Ottawa and within walking distance to every imaginable amenity. Boasting approximately 7,500 square feet of sophisticated interior space, the building is defined by its striking stone facade and premium finishes. Inside, you will find hardwood flooring, quartz countertops, custom cabinetry, nine-foot ceilings, and massive windows that bathe every floor in natural light. The exterior is designed for both security and leisure, featuring four private balconies, a garage, and an expansive rooftop patio capable of hosting 20 or more guests, all protected by a modern camera system. The floor plans are remarkably generous and versatile. Unit 1 offers three bedrooms, a main-floor office, three full bathrooms, and exclusive access to the rooftop terrace. Unit 2 is exceptionally spacious, providing five bedrooms plus a den, three and a half bathrooms, three separate entrances, and a cold storage room. Unit 3 completes the building with four bedrooms plus a den and two and a half bathrooms. The investment potential here is truly future-proof. Unit 2 is already roughed-in for a kitchen and features a separate entrance, providing a straightforward path to a legal four-plex conversion. Furthermore, the property sits within the City of Ottawa’s newly approved N4B zoning transect. This powerful designation supports significant intensification, allowing for heights up to four storeys and expanded permissions for multi-unit or professional mixed-use redevelopment. With strong existing income, high-end modern finishes, and flexible growth potential, 36 Ontario Street represents a rare and prestigious opportunity in the heart of the capital. (id:50982)

Ottawa, Ontario

Purpose built triplex on a deep lot. Zoning (R4-UA) would allow you to expand this building. Great cash flow and tenants pay their own Hydro. Good location close to schools, parks, transit and shopping. Peak metal roof. Gas Furnace (2024).More then $150,000 in renovations includes Kitchens, Bathrooms, Flooring, Fire Alarm, Front door entrance, etc. 4 electrical metres outside. Bsmt 1 Bedrm $1,700, Main Flr 2 Bedrm $2,100, Upstairs 2 Bedrm $2,000. Average Laundry income $100/mth. Annual Expenses $15,102. Annual Income $70,800. Net Income $55,695. (id:50982)

Ottawa, Ontario

SINGLE FAMILY HOME DIVIDED WITH TWO EXTRA UNITS IN LOWER LEVEL. ONE UNIT VACANT, GREAT OPPORTUNITY TO LEGALIZE AS A TRIPLEX OR CONVERT BACK TO A SINGLE FAMILY HOME (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)

Ottawa, Ontario

350 Fifth Avenue offers a rare opportunity to own a legal triplex with a bonus bachelor suite in the heart of the Glebe, just steps from Carleton University, Lansdowne Park, and the Rideau Canal. Two units are now leased beginning September 2025 (Unit 1 at $2,500/month and Unit 3 at $1,650/month), while the remaining units provide flexibility for new tenancies or owner-occupation.This charming brick property features a versatile mix of units: two spacious 3-bedroom apartments, a 1-bedroom unit, and a self-contained bachelor suite in the basement. The upper units showcase high ceilings, large windows, and timeless architectural details that tenants love, along with private south-facing decks for summer enjoyment. All units have been recently painted, repaired, and refreshed.The property has strong rental potential, with income from coin-operated laundry and parking, and an estimated total of up to $8,000/month when fully leased. Utilities are separated with four hydro meters, while heating and hot water are provided through a newly installed, owned, high-efficiency furnace and on-demand system (2025). An owned coin-operated washer and dryer (2023) add further income. Four on-site parking spaces and a co-owned shared driveway complete the package.An exceptional income property in one of Ottawas most sought-after rental markets. (id:50982)

Ottawa, Ontario

Incredible opportunity for long-term potential! Repair and renovate this duplex or build new in a rapidly revitalizing neighborhood in the heart of Ottawa! Situated on a lot with R4UA zoning, allowing for low-rise multi-unit residential development, including duplexes, triplexes, and small apartment buildings, offering excellent potential for investors or developers with vision. Located in an area seeing significant growth, this site is perfect for creating something modern in a prime location. Please Note: The property is being sold As-Is, Where-Is. Schedules B1 (Deposit Policy), C (As-Is, Where-Is Acknowledgement), and D (Sellers Disclosure Latent Defects) must accompany all offers. (id:50982)

Ottawa, Ontario

Prime residential building lot approximately 65 FT x 100 FT located on desirable Fringewood Drive. Excellent development opportunity in an established neighbourhood with strong rental demand and resale potential. Lot offers generous frontage and depth, providing flexibility for various building options. Potential to build a triplex (to be verified by Buyer with the city). Ideal opportunity for investors, builders, or end users looking to construct a custom property in a convenient location close to schools, parks, shopping, transit, and major roadways. Buyer to perform their own due diligence regarding zoning, permitted uses, servicing, and development approvals. Rare opportunity to secure a versatile infill lot in a growing area. (id:50982)

Ottawa, Ontario

Westboro in your portfolio! Outstanding all brick purpose built triplex desirably situated on a 49.02′ x 66.0′ lot. Spacious units. 2 x two-bedroom units and 1 x one-bedroom. Two driveways, plenty of parking. Separate hydro meters. All units have A/C. Recently refreshed units with third unit added to basement in 2024. Upside: coach house can be added to the backyard. Existing income is excellent. This is a generational asset in a premium location. (id:50982)

Perth, Ontario

The perfect setting to build your dream home – or a smart investment – multi-unit duplex or triplex in the charming, family-friendly community of Perth! This beautiful lot is approximately 60′ x 98.1′ and is ideal for a single-family home or a multi-unit duplex or triplex, with building plans being available. You’re welcome to use your own builder, and if you don’t have one, be sure to ask us about our preferred local experts. This property is located in Perth, Ontario which is a picturesque town nestled along the Tay River, about 80 km southwest of Ottawa. Perth is beautifully preserved with stone buildings, heritage homes and landmarks like the Perth Town Hall and Matheson House which gives the town a timeless feel. The downtown core is walkable and full of boutique shops, cozy cafés, and art galleries. Nature lovers are drawn to Stewart Park, a lush riverside green space perfect for picnics, festivals, or for the vibrant arts scene, with live theatre, music festivals, and community events throughout the year! (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)

Smiths Falls, Ontario

Offered at $599,999, this turn-key mixed-use triplex enjoys a prime downtown location in the vibrant heart of Smiths Falls (Walk Score 90), just one property from the corner and perfectly positioned for strong returns once fully leased. The property features a high-visibility 1,350 sq ft ground-floor retail space with contemporary finishes, large street-front display windows and excellent signage opportunities, projected to lease at $15 psf net ($1,675/month) on a true triple-net basis plus $8,614 in annual recoverable operating costs returned to the landlord, with hydro, gas and water separately metered or submetered to the tenant. The second floor offers two bright and spacious 2-bedroom, 1-bath apartments, each with its own private street-level entrance, brand-new flooring, contemporary LED lighting, fresh neutral paint, updated 3-piece bathrooms and brand-new in-suite washer and dryer; one unit includes brand-new kitchen appliances (oven, dishwasher and refrigerator), while the second offers clean, like-new appliances in excellent condition. Currently, the retail space and one residential unit are vacant and ready for tenancy, with the vacant apartment expected to command $1,830/month plus hydro and submetered water. There is no parking on site, but abundant free street parking is available directly out front. Pro-forma gross revenue (after a conservative 5% vacancy allowance) is projected at $65,952 annually, generating a Year-1 net operating income of $49,252 once stabilized and delivering a solid entry cap rate of 8.21% at the $599,999 list price. Located mere steps from cafés, restaurants, shops, the Rideau Canal and all downtown amenities, this low-maintenance, high-demand asset offers meaningful upside and long-term appreciation in one of Eastern Ontario’s most charming and rapidly revitalizing towns. (id:50982)