Ottawa Triplex For Sale

Ottawa, Ontario

Exceptional opportunity to own a well-maintained income-producing triplex in one of Ottawa’s most strategic central locations. Currently generating approximately $68,772 in gross annual rental income with an estimated net operating income of approximately $54,183. A strong option for investors seeking immediate cash flow with future upside potential. This solid multi-family property features three spacious 2-bedroom units, each offering the convenience of in-suite laundry (washer & dryer) and a dedicated parking space for each unit, a premium feature highly valued by today’s tenants. An additional spare fourth parking space offers potential for increased profitability and is not currently included in the rental income. The property includes three separate hydro meters, with Units 2 and 3 paying their own hydro, helping reduce owner operating expenses and improving overall investment efficiency. The building has been carefully maintained and enhanced with recent updates including new rear metal stairs (2025), new rented furnace (2026), updated interior doors, modernized bathroom finishes, and LED lighting upgrades. All units offer bright and functional layouts with 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, schools, shopping, restaurants, community centres, public transit, parks and Highway 417, this property combines stable income, convenience, and long-term appreciation potential. A turnkey triplex opportunity in a high-demand, growing rental area of the city. Buyer to verify all measurements, rents, expenses, zoning, and complete their own due diligence. Documentation available upon accepted offer: current leases, tax bill, insurance details, available utility bills, and available renovation invoices. Photos taken before tenancy. (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 $47,568 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

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

This 3 storey triplex is located in one of Ottawa’s most desirable neighborhoods, The Glebe. 169 Holmwood awaits its next owners vision and creativity to turn this classic red bricked home into the next classic building in the area. Within walking distance to Carleton University and Lansdowne Park this legally zoned Triplex with an additional unit in the basement.( non-conforming ) is situated in a perfect area for a newly renovated multi-family property or convert back to a classic Glebe single family home. Property was being used for student rentals and rarely a vacancy with one 2 bedroom in the basement, one 3 bedroom on the main floor and two 2 bedroom on the 2 upper floors and 1 parking space. Property has been upgraded with newer windows, soffits, fascia, eavestrough and boiler. It also comes with 4 separate meters. This property is waiting for the next stage with some updating. (id:50982)

Ottawa, Ontario

DEVELOPMENT SITE STEPS TO LRT. 0.34-acre site located ~400m from Cyrville LRT Station. Successfully rezoned Hub Zone 2 [F], permitting mid-rise residential intensification in a rapidly evolving corridor. Preliminary plans support a 6-storey mid-rise development, with supporting reports available. Approved zoning in place reduces entitlement risk and allows for near-term execution. Flexible strategy: develop immediately, hold with income while advancing design, or reposition within a transforming transit-oriented node. There are many permitted uses outlined in this mixed-use hub zone. In-place gross income (~$71K/year; ~$88K potential) provides stable holding revenue. Property includes triplex (3 x 2-bedroom units), office outbuilding with kitchen & washroom, and large fully fenced yard with ~20 parking spaces and separate gated access. Nearby developments demonstrate strong lease-up performance, supporting continued rental demand in this LRT-connected location. Supporting due diligence materials available upon execution of a signed NDA. All showings to be coordinated through listing agent. (id:50982)

Ottawa, Ontario

Rare opportunity to secure a high-visibility mixed-use property on Parkdale Avenue in one of Ottawa’s fastest-evolving corridors. This asset offers strong in-place income today with significant redevelopment potential under the upcoming CM1 zoning, allowing for increased density and flexible mid-rise, mixed-use, or multi-residential development.Currently configured as one commercial and one residential unit, the building was originally a triplex and can be converted back to three units to maximize rental income. The ground floor and basement are occupied by an established, high-traffic nail salon, providing stable commercial tenancy and consistent income. Business not included in the sale.The second floor features a spacious three-bedroom, two-bathroom apartment with potential to be reconfigured into additional units to further enhance cash flow.Positioned steps to Tunney’s Pasture, LRT access, and minutes to downtown, this property benefits from strong pedestrian and vehicle exposure, making it ideal for investors, developers, or owner-users seeking both immediate revenue and long-term upside.Opportunities combining current income with future intensification in this location are increasingly limited. Vacant possession available on closing. (id:50982)

Ottawa, Ontario

Welcome to 58-60 Louisa Street. A classic red brick triplex in the heart of the city. Just steps from restaurants on Preston Street, picturesque walks along Dow’s Lake, and the LRT, this property offers the best of urban convenience and lifestyle. This three-storey investment property features generously sized principal rooms, individual hydro meters, new exterior patios off of all three units, recently updated roof and windows, parking for 4 cars, large detached garage, and a healthy income with lots of room to grow. Unit 1 is a large one bedroom plus den with formal living and dining room. Owner occupied and estimated $1900/month+hydro, parking included. Unit 2 is a spacious one bedroom plus den $1420/month+hydro, parking included. Unit 3 is a bright open concept studio $830/month+hydro, parking included. Heat: $1,201, Water: $1,108, Insurance: $1,724, Hydro: $830. That’s a CAP rate of 4.88%!!! Perfect for an owner to occupy or as a fully tenanted rental investment. Discover the opportunity for yourself. Book your private showing today! (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)

Ottawa, Ontario

Discover a rare opportunity at 2723 Rowatt Street in one of Ottawa’s most remarkable west-end settings. Currently in the process of severance with 2725 Rowatt Street, this property is proposed to offer a lot size of approximately 31.5 x 131.9 feet, while 2723 Rowatt is proposed at approximately 33.7 x 131.9 feet. The severance has been approved but is not yet fully completed, creating added flexibility for a buyer looking to secure a valuable piece of land with exciting future possibilities. Any reference to future lot configuration, addresses, dimensions, or development potential is subject to final severance approval and completion. Buyer to conduct their own due diligence regarding the severance and to independently verify permitted uses and what may be built on the property.What makes this offering especially compelling is its exceptional development potential. Each future lot presents the opportunity for a triplex-style build with rear parking and a coach house above, allowing for the potential of four units per property. Alternatively, this site offers the chance to explore a custom home in a location that is truly hard to replicate.Set beside Mud Lake, backing onto NCC land, and just minutes from the Ottawa River and Britannia Yacht Club, the surroundings are what make this property stand out. Enjoy nearby trails, water access, and green space, all while remaining close to everyday amenities.This is more than just land. It is a chance to create something special in a location people already know and love. Opportunities like this are rare. (id:50982)

Ottawa, Ontario

Discover a rare opportunity at 2725 Rowatt Street in one of Ottawa’s most remarkable west-end settings. Currently in the process of severance with 2723 Rowatt Street, this property is proposed to offer a lot size of approximately 31.5 x 131.9 feet, while 2723 Rowatt is proposed at approximately 33.7 x 131.9 feet. The severance has already been approved, but not yet fully completed, creating added flexibility for a buyer looking to secure a valuable piece of land with exciting future possibilities. What makes this offering especially compelling is its exceptional development potential. Each future lot presents the opportunity for a triplex-style build with rear parking and a coach house above, allowing for the potential of 4 units per property. For those with a different vision, this site also offers the chance to explore building a custom home in a location that is truly hard to replicate. Set beside Mud Lake, backing onto NCC land, and just minutes from the Ottawa River and Britannia Yacht Club, the surroundings are what make this property stand out. It is a setting that blends privacy, nature, and city convenience in a way that few locations can. Enjoy nearby trails, water access, green space, and a lifestyle rooted in the beauty of Ottawa’s outdoors, all while remaining close to everyday amenities. This is more than just land. It is a chance to create something special in a location people already know and love. Opportunities like this are incredibly rare. 2725 Rowatt Street is the kind of property that comes along once in a while, and it may be exactly what you have been waiting for. (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

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

692 Claude Street is a turn-key, fully renovated legal triplex offering an exceptional investment opportunity with $86,400 in gross income and approximately $75,000 net. Ideally located less than a 5-minute walk from St. Laurent, this low-maintenance asset is currently tenanted by three excellent households and is well suited for investors seeking reliable income and long-term ownership confidence. The building consists of two 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit, with each suite featuring in-suite laundry, independent heating and cooling, and its own hot water tank. This strategically planned asset was intensely renovated in 2024 with all permits and certificates on file. Set on an oversized irregular lot with N3C zoning, the property may also offer future intensification potential, and buyers are encouraged to complete their own due diligence. All equipment and appliances are owned. Please see the attached feature sheet and 10-year forecast for additional information. (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

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

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

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

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

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

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

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

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

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)