Ottawa Triplex For Sale

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For sale
$1,474,800
350 FIFTH AVENUE, Ottawa, Ontario

350 Fifth Avenue

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)

8 Bedroom 4 Bathroom 2,000 – 2,500 ft2
For sale
$500,000
260 JOFFRE-BELANGER WAY, Ottawa, Ontario

260 Joffre-Belanger Way

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)

5 Bedroom 2 Bathroom 1,100 – 1,500 ft2
For sale
$599,900
7 FRINGEWOOD DRIVE, Ottawa, Ontario

7 Fringewood Drive

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)

For sale
$1,499,000
391 GREENWOOD AVENUE, Ottawa, Ontario

391 Greenwood Avenue

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)

2 Bedroom 1 Bathroom 1,500 – 2,000 ft2
For sale
$374,900
3778 CHAMPLAIN STREET, Clarence-Rockland, Ontario

3778 Champlain Street

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)

4 Bedroom 3 Bathroom 2,000 – 2,500 ft2
For sale
$1,998,000
193 HOPEWELL AVENUE, Ottawa, Ontario

193 Hopewell Avenue

Ottawa, Ontario

Welcome to 193 Hopewell Avenue – an outstanding, fully vacant, newly built semi detached Triplex in one of Ottawa’s most coveted urban neighbourhoods. This turnkey property features three contemporary units, each meticulously designed with modern living and long-term investment performance in mind. All suites offer bright, open-concept layouts with sleek, contemporary kitchens, clean architectural lines, and generous natural light-creating inviting spaces for both everyday living and entertaining. Each unit includes brand-new appliances, individual hydro and gas meters, and efficient mechanical systems, providing convenience, autonomy, and strong investor appeal. The primary bedrooms in every unit feature private ensuites, while two additional bedrooms and a second full bathroom offer flexible space for guests, family, or work-from-home needs. Perfectly positioned just steps to Bank Street’s boutiques and cafés, Lansdowne Park, the Rideau Canal, top-tier schools, Carleton University, and major transit connections, this property delivers an exceptional blend of lifestyle, walkability, and enduring value.A rare, modern, and fully turnkey investment opportunity in one of Ottawa’s most desirable locations. (id:50982)

9 Bedroom 6 Bathroom 2,000 – 2,500 ft2
For sale
$185,000
58 DRUMMOND STREET W, Perth, Ontario

58 Drummond Street W

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)

For sale
$1,595,000
93-95 LOWER CHARLOTTE STREET, Ottawa, Ontario

93-95 Lower Charlotte Street

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)

10 Bedroom 6 Bathroom 3,500 – 5,000 ft2
For sale
$1,495,000
67 PINHEY STREET, Ottawa, Ontario

67 Pinhey Street

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. Renting on average for $4000 per month through Airbnb. 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)

3 Bedroom 3 Bathroom 1,500 – 2,000 ft2
For sale
$950,000
430 COTE STREET, Ottawa, Ontario

430 Cote Street

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)

6 Bedroom 3 Bathroom 2,000 – 2,500 ft2
For sale
$1,049,900
100 LAURIER STREET, Casselman, Ontario

100 Laurier Street

Casselman, Ontario

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

9 Bedroom 5 Bathroom 2,500 – 3,000 ft2
For sale
$579,999
34 MARKET STREET N, Smiths Falls, Ontario

34 Market Street N

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)

1 Bathroom 1,350 ft2

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