Ottawa Triplex For Sale

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For sale
$834,900
683 PRINCIPALE STREET, Casselman, Ontario

683 Principale Street

Casselman, Ontario

Excellent investment opportunity in the heart of Casselman! This versatile triplex offers a great mix of residential and commercial income potential. The main house has been fully renovated inside and features a beautiful new kitchen, bright and spacious living and dining areas, a convenient main floor 2-piece bathroom with washer/dryer connection, plus two bedrooms and a 4-piece bathroom on the second level. This unit offers flexibility and could potentially be rented as residential or commercial space. The low unfinished basement provides additional storage. The property also includes a commercial office space already rented as a hair salon, plus a separate upper garage apartment featuring 2 bedrooms and an open-concept kitchen, dining, and living area, also already rented. Two large commercial garages offer even more rental potential. With multiple income streams, excellent visibility, and a central location, this property is ideal for investors or owner-occupiers looking to expand their portfolio.(House is currently vacant and can be rented for $2400 no heat or hydro, apt is rented for $1800 per month heat and hydro included, Salon is rented for $850 per month heat and hydro included, both garage doors are currently rented for $800 per month for both.) (id:66888)

4 Bedroom 4 Bathroom 2,500 – 3,000 sqft
For sale
$499,900
193 JENNET STREET, Renfrew, Ontario

193 Jennet Street

Renfrew, Ontario

TRIPLEX in a great Renfrew location. This solid brick triplex boasts 3 great units with 3 good tenants in place. UNIT 1 rents for $ 1,255.00 and offers 1 bedroom. UNIT 2 is a 2 bedroom unit renting at $ 1,255.00 and UNIT 3 boasts one bedroom plus den at $ 1,040.00. All tenants pay their own utilities. Come and see this great investment property. (id:66888)

4 Bedroom 3 Bathroom 2,000 – 2,500 sqft
For sale
$819,900
298 MONTFORT STREET, Ottawa, Ontario

298 Montfort Street

Ottawa, Ontario

PRIME INVESTMENT OPPORTUNITY! Fully tenanted, income-producing triplex generating approximately $69,300 in gross annual rental income, with an estimated NOI of approximately $54,711, in a highly desirable central Ottawa location. This well-maintained property features three spacious 2-bedroom units, each offering the convenience of in-suite laundry and dedicated parking. A fourth parking space provides additional income potential. Designed for efficient ownership, the property includes three separate hydro meters, with Units 2 and 3 paying their own hydro costs. Recent improvements include new rear metal stairs (2025), a new rented furnace (2026), updated interior doors, modernized bathroom finishes, and LED lighting upgrades. The bright and functional units feature hardwood flooring, tiled kitchens and bathrooms, and abundant natural light from all four sides of the building. The desirable 3 x 2-bedroom configuration supports strong rental demand and broad tenant appeal. Ideally located just minutes from Montfort Hospital, downtown Ottawa, Highway 417, public transit, schools, shopping, restaurants, parks, and community amenities. Whether you are looking to expand your investment portfolio or acquire your first multi-unit property, this triplex offers immediate income and long-term growth potential in one of Ottawa’s most convenient rental locations. Some interior photos were taken prior to current tenancy. (id:66888)

6 Bedroom 3 Bathroom 1,100 – 1,500 sqft
For sale
$405,000
58 KENYON STREET W, North Glengarry, Ontario

58 Kenyon Street W

North Glengarry, Ontario

ATTENTION INVESTORS! Here’s your opportunity to add a solid income-generating triplex to your real estate portfolio in the growing community of Alexandria, Ontario. Situated on a corner lot close to the hospital, parks, shopping, restaurants, schools, and everyday amenities, this property offers the convenience tenants are looking for along with long-term investment potential. Alexandria is a welcoming North Glengarry community known for its small town charm, local services, and excellent accessibility, ideally located within reasonable driving distance to both Ottawa and Montreal. Its strategic location continues to attract renters and buyers seeking a quieter lifestyle while remaining connected to larger urban centres. Featuring two 2-bedroom units and one spacious 1-bedroom unit, this property offers flexible living arrangements and steady rental income potential. All three units are currently rented. Current rental rates are $820/month plus utilities and $1,065/month plus utilities for the 2-bedroom units, while the large 1-bedroom unit rents for $720/month plus utilities. The current owner pays for water. Recent updates including insulation, siding, and windows help add value and peace of mind for future ownership. Whether you are looking to expand your portfolio or step into the investment market, this property is well worth a closer look. 24 hours’ notice required for all showings. (id:66888)

6 Bedroom 3 Bathroom 2,500 – 3,000 sqft
For sale
$1,200,000
85-87 VICTORIA STREET, Carleton Place, Ontario

85-87 Victoria Street

Carleton Place, Ontario

Exceptional investment opportunity in the heart of Carleton Place! Formerly configured as a triplex with commercial office space, the property has since been converted into four residential units and extensively updated throughout. The building features separate hydro meters, two forced-air furnaces servicing front and rear units separately, updated ductwork completed in 2024, and four owned hot water tanks installed in 2024. Many original character details remain including beautiful hardwood strip flooring throughout much of the property. Windows appear to be vinyl clad and the large 16′ x 12′ upper deck with direct access from the living area provides excellent outdoor space for tenants.Strong rental appeal with a desirable unit mix, ample on-site parking, plus additional public parking directly behind the property. Excellent opportunity for investors seeking cash flow, future appreciation, and development upside with the included severed lot. Located close to downtown amenities, shopping, restaurants, schools, and transit in one of Eastern Ontario’s fastest-growing communities. All kinds of possibilities with this unique income property. (id:66888)

6 Bedroom 4 Bathroom 2,500 – 3,000 sqft
For sale
$1,125,000
389 DALY AVENUE, Ottawa, Ontario

389 Daly Avenue

Ottawa, Ontario

Exceptional investment and owner-occupier opportunity featuring a desirable unit mix of two 1-bedroom suites and one spacious 3-bedroom suite, generating nearly $82,000 in annual gross rental income. Located in the heart of Sandy Hill, one of Ottawa’s most sought-after rental markets, this well-maintained brick triplex is steps from the University of Ottawa, Strathcona Park, the Rideau River, downtown amenities, transit, restaurants, shopping, and entertainment. The property features a ground-floor 1-bedroom suite, an impressive 2-storey upper 3-bedroom suite with a large private balcony, and a rear-entry 2-storey 1-bedroom suite. All units offer in-suite laundry, while the property includes 2 on-site parking spaces. Unit 1 is currently vacant, providing valuable flexibility for a buyer to renovate and reposition the suite, increase future rental income, or occupy the unit themselves. The upper 3-bedroom suite is a standout feature of the property, offering exposed brick walls, hardwood flooring, spacious principal rooms, a bright open-concept layout, and a private balcony rarely found in income properties. Significant capital improvements include a new shingle roof in 2026 (flat roof age unknown, but membrane is in good condition), replacement of the main plumbing stack from the top floor to the basement, and a major foundation stabilization project along the driveway side. The work included excavation, foundation reinforcement, steel piling, waterproofing, drainage improvements, and restoration, representing a substantial investment in the property’s long-term integrity. With separately metered hydro for each unit, strong existing rental income, and the added upside of a vacant 1-bedroom suite, this property offers an excellent combination of immediate income and future potential. A rare opportunity to acquire a character-filled income property with strong fundamentals and flexibility in the heart of Ottawa. (id:66888)

5 Bedroom 3 Bathroom 3,000 – 3,500 sqft
For sale
$900,000
315 LAJOIE STREET, Ottawa, Ontario

315 Lajoie Street

Ottawa, Ontario

Welcome to 315 Lajoie Street where pride of ownership is apparent the moment you set eyes on this building. Long time owner has decided to move on and sell this incredible building. Lovingly maintained and pampered this triplex in Vanier is now priced to sell. Many many recent improvements including: complete upgrade of the plumbing system in 2023, building completely reclad with stucco in 2021, upgraded electrical in 2021, new roof in 2021, apartment 2 completely renovated in 2017, laneway and parking lot paved in 2016 plus new fencing installed, apartment 1 completely renovated in 2015 with new wiring, apartment 3 completely renovated in 2014, building waterproofed in 2013 at the front and along the driveway, windows and front and back door replaced in 2012, high efficiency boiler and hot water tank installed in 2011 and fire rated doors and closures installed in 2007. Nothing to do for the next number of years except collect rents and maintain the property. Excellent tenant mix and potential. All apartments are two bedroom and on month to month leases. Apt. 1 which is the lower level apartment is rented for $1,975 plus hydro; Apt. 2 which is the main floor is rented for $1,266 plus hydro and Apt. 3 the upper floor is rented for $1,567.08 plus hydro. Currently parking and laundry are provided by the Landlord as part of the rent. 2025 expenses are: Taxes $67,138.69, Insurance $3,663.36, Gas $1,897.24, Enercare $1,200.00, Water and Sewer $2.068.00 and common hydro of $1,206.04 which leaves a net income of about $40,653.31. Much upside available on turnover by increasing rents and charging for parking and laundry. Ideal owner occupier as each apartment is bright, spacious and well laid out. Excellent location with an easy commute to downtown, Ottawa University and everything Ottawa has to offer. Why not make 315 Lajoie Street your next real estate investment. Showings Tues and Fri from 10-noon and 2-4 and Sat from 1-5 only with 24 hours notice. (id:66888)

6 Bedroom 3 Bathroom 1,500 – 2,000 sqft
For sale
$1,175,000
707 EDISON AVENUE, Ottawa, Ontario

707 Edison Avenue

Ottawa, Ontario

Excellent investment opportunity in the desirable Laurentianview /Westboro area! Offered at $1195000, this well maintained and updated legal triplex complete with fire retrofit features quality tenants and strong future rental upside. Two (2 )bedroom and One (1)bedroom. Updates include a new roof(2021), newer windows, front steps(2023), newer appliances, Furnace and AC (2018), 3 new sheds 2023. Four hydro meters with tenants paying their own hydro helps keep operating costs down. Enjoy a lovely shared backyard area with BBQ space and three storage sheds. Ample parking for all tenants. Conveniently located close to transit, shopping, restaurants, parks and all the amenities this sought out area has to offer. A solid addition to any investment portfolio. 48 hours notice required for all showings. (id:66888)

5 Bedroom 3 Bathroom 1,500 – 2,000 sqft
For sale
$965,000
50 AYLMER AVENUE, Ottawa, Ontario

50 Aylmer Avenue

Ottawa, Ontario

Situated in the heart of sought-after Old Ottawa South, this classic 3-storey brick triplex offers an exceptional investment opportunity with 3 self-contained residential units and strong income potential. Ideally located within walking distance to shops, restaurants, parks, public transit, and Carleton University, this well-maintained property combines character, functionality, and convenience in one of Ottawa’s most desirable neighbourhoods. The main floor apartment features 2 bedrooms and 1 bathroom and is currently rented for $1,750/month + hydro. This unit offers updated flooring and kitchen, inside and rear access, as well as in-unit laundry with washer and dryer. The second floor apartment spans the second and third levels and is currently rented for $2,020/month + hydro. Offering 3 bedrooms, this spacious unit features a large living room with balcony access, updated 4-piece bathroom, laminate flooring, and a functional kitchen with in-unit laundry. The basement apartment offers excellent additional income potential with a projected market rent of approximately $1,500/month + hydro. This self-contained 1-bedroom unit includes an updated bathroom, renovated kitchen with eating area, living room, and in-unit laundry. A rare opportunity to own a versatile multi-unit property in a prime urban location with easy access to downtown, Lansdowne, Rideau Canal pathways, and everyday amenities. Some photos virtually staged. 24 hours notice, 24 hours irrevocable. (id:66888)

6 Bedroom 3 Bathroom 2,000 – 2,500 sqft
For sale
$1,325,000
331 FLORA STREET, Ottawa, Ontario

331 Flora Street

Ottawa, Ontario

This turn-key fully tenanted triplex sits in the heart of Ottawa Centre, with two spacious 2-bedroom units and one 1-bedroom unit, each finished with hardwood floors throughout and good in-unit storage. A newer boiler system anchors the mechanicals, and separate meters mean each tenant covers their own hydro and gas. Combined rents bring in $6,404.61 a month, or $76,855.32 a year, with parking for three vehicles at the rear included as part of rent. Annual operating expenses $16,334. Flora Street is steps from direct transit to Carleton University, minutes from downtown and the Elgin Street strip, with easy access to the 417. This stretch of Centretown stays consistently rented. Laundry and utility with inside access. 24 hour irrevocable required on all offers, with Schedule B to accompany. (id:66888)

5 Bedroom 3 Bathroom 2,000 – 2,500 sqft
For sale
$1,825,000
972 DYNES ROAD, Ottawa, Ontario

972 Dynes Road

Ottawa, Ontario

Welcome to 972 Dynes Road. This newly renovated 6 unit building has been taken to the studs and converted from a triplex into 6 one-bedroom units. Each unit is equipped with brand new kitchens finished with quarts counter tops and stainless steel appliances, as well as in-unit laundry. Each Unit has their own heating controls via in wall heat-pumps providing air-conditioning as well as heating via the heat-pumps and supplemental baseboard heating. All bathrooms are 4-peice bathrooms with quarts countertops. Each unit has access via the common stairwell as well as via exterior doors. Main floor and upper units finished with hardwood flooring throughout. Basement completed with a robust and comfortable epoxy finish. Basement units have glass exterior doors for for improved natural light. TENANTS PAY: Heat and Hydro – all units have their own hydro meters. heat is electric via heat-pumps and electric baseboard heating. LANDLORD PAYS: property taxes, insurance, water, and snow removal. This newly renovated 6-unit builidng is completely compliant with the city and has 6 unit occupancy. (id:66888)

6 Bedroom 6 Bathroom 2,500 – 3,000 sqft
For sale
$799,999
34 HAZEL STREET, Ottawa, Ontario

34 Hazel Street

Ottawa, Ontario

Exceptional Triplex Opportunity – Steps from the Rideau Canal in Old Ottawa East. A rare chance to own a triplex steps from the Rideau Canal in one of Ottawa’s most desirable urban neighbourhoods. This versatile property features three distinct units: 136 Glenora, a 3-bed, 1.5 bath apartment; 36 Hazel, 2-bed, 1 bath suite; and 34 Hazel, 2-bed, 2 bath unit. Each residence offers its own private entrance, providing flexibility for multi-generational living, investment, or future redevelopment. With new zoning policies in Old Ottawa East, the property presents meaningful potential to add on, expand, or reimagine the existing structure, maximizing long-term value in a rapidly evolving area. Just steps from the Flora Footbridge, enjoy direct pedestrian access to the Glebe, Lansdowne, Whole Foods, TD Place, and year-round festivals. Walk to Main Street cafés, restaurants, shops, and community amenities, or cycle the scenic canal and river pathways that define this walkable, bike-friendly community. Ottawa University is approximately five minutes away, Parliament Hill is about ten, with transit, parks, and schools all close by. A centrally located property where lifestyle, connectivity, and redevelopment potential converge. Some photos are digitally enhanced. 24 hours irrevocable on all offers. 24 hours notice required for all showings. (id:66888)

7 Bedroom 5 Bathroom 1,500 – 2,000 sqft

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