Ottawa Triplex For Sale

Hawkesbury, Ontario

Well-maintained and fully tenanted triplex offering strong and stable income, generating *approximately $30,000 in net annual income. This solid investment property features a desirable unit mix of **two 2-bedroom units and one 3-bedroom unit*, each thoughtfully laid out and well cared for. All units have been *updated approximately 10 years ago*, providing improved finishes and long-term durability while maintaining strong tenant appeal. The property is fully occupied with reliable tenants in place, offering immediate cash flow for investors. Located in a convenient area of Hawkesbury close to schools, shopping, parks, and essential amenities, this property is well-positioned for consistent rental demand. A rare opportunity to acquire a *turnkey multi-family investment* with strong income performance and minimal vacancy risk. Ideal for both seasoned investors and those looking to enter the multi-residential market. (id:50982)

Ottawa, Ontario

Prime redevelopment and value-add opportunity in the heart of Ottawa’s Little Italy. Existing triplex with approved plans and supporting consultant reports for conversion to a mixed-use building consisting of a ground-floor commercial unit and two residential units above. Extensive pre-development work has been completed, including architectural drawings, structural review, Hydro Ottawa clearance review, mechanical design and permit-related submissions. Purchasers benefit from significant time savings by acquiring a project that has already progressed through the planning and design process. The proposed design retains the existing structure while introducing a modern mixed-use layout suited for retail, professional office, service commercial or similar permitted uses. Rear parking available. Located within one of Ottawa’s most established urban corridors, minutes from Dow’s Lake, the future Ottawa Senators arena district, Chinatown, the Rideau Canal, public transit and major employment nodes. An excellent opportunity for builders, contractors, investors and owner-operators seeking a manageable urban infill project with substantial due diligence already completed. (Renderings depict a conceptual representation of the proposed redevelopment) (id:50982)

Ottawa, Ontario

Located in the heart of Centretown, Ottawa, 455 Metcalfe presents a rare opportunity for investors and owner-occupants alike. This renovated triplex features three vacant units, offering immediate occupancy or the flexibility to select your own tenants at current market rates. Ideally situated just minutes from downtown, the Canadian Museum of Nature, schools, shops, restaurants, public transit, and all essential amenities. The property also offers multiple on-site parking spaces. A versatile investment in a highly sought-after neighbourhood with excellent income and long-term appreciation potential. (id:50982)

Ottawa, Ontario

A solid brick, income-producing non-conforming triplex situated on a generous 6,717 sq ft lot with Mainstreet zone 1 (MS1) zoning, allowing a range of commercial uses and unlocking significant future development potential. The property is fully tenanted; however, two tenants have provided notice. Units are actively being re-leased but vacant possession could be arranged.The building has been well maintained, with major upgrades completed in 2011, including plumbing, electrical, windows, kitchens, and bathrooms. Additional improvements include a sprinkler system, spray-foam insulation in the basement, and two new high-efficiency furnaces installed in 2025. Flooring consists of hardwood, and tiling. The property offers two driveways, ample parking, and a large rear yard extending behind the adjacent property. With 70 feet of frontage, the site may support further development. Located just off Merivale Road, this is a prime position near the Westgate Mall redevelopment, with easy access to public transit, the bicycle path running along the Experimental Farm to Carleton University, and shopping along Carling and Merivale. An excellent addition to any portfolio, with strong income today and compelling upside in a rapidly regenerating neighbourhood. 24-hour notice required for showings. Units : One 3-storey, 1-bedroom townhouse-style unit with private entrance and fenced yard. Currently listed at $1,695/month. The third floor offers potential to dormer for additional bedroom space. One 2-storey, 2-bedroom apartment currently rented at $1,900/month. One main-floor bachelor apartment rented at $1,375/month. Expenses – Insurance: $3,655.00, Taxes: $4,680.27, Hydro: $390.22, Gas: $919.08, Water: $1,485.01 *Some photos have been virtually edited to remove personal items and reduce clutter* (id:50982)

Ottawa, Ontario

Prime redevelopment and value-add opportunity in the heart of Ottawa’s Little Italy. Existing triplex with approved plans and supporting consultant reports for conversion to a mixed-use building consisting of a ground-floor commercial unit and two residential units above. Extensive pre-development work has been completed, including architectural drawings, structural review, Hydro Ottawa clearance review, mechanical design and permit-related submissions. Purchasers benefit from significant time savings by acquiring a project that has already progressed through the planning and design process. The proposed design retains the existing structure while introducing a modern mixed-use layout suited for retail, professional office, service commercial or similar permitted uses. Rear parking available. Located within one of Ottawa’s most established urban corridors, minutes from Dow’s Lake, the future Ottawa Senators arena district, Chinatown, the Rideau Canal, public transit and major employment nodes. An excellent opportunity for builders, contractors, investors and owner-operators seeking a manageable urban infill project with substantial due diligence already completed. (Renderings depict a conceptual representation of the proposed redevelopment) (id:50982)

Ottawa, Ontario

INVESTOR ALERT! Income-producing triplex generating approximately $68,772 in gross annual rental income with an estimated NOI of approximately $54,183 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:50982)

Ottawa, Ontario

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

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:50982)

Ottawa, Ontario

Exceptional investment opportunity in the heart of Westboro. This turnkey triplex offers strong rental appeal with separate hydro meters, in-unit laundry, stainless steel appliances, air conditioning, and bright, modern layouts throughout. The three spacious units include a 2-bed, 2-bath, a 2-bed, 3-bath with den, and a 4-bed, 3-bath with den, providing excellent flexibility for a range of tenants. Located in one of Ottawa’s most desirable neighbourhoods, just steps to Westboro’s shops and restaurants, Westboro Beach, Ottawa River pathways, Dovercourt Recreation Centre, Tunney’s Pasture, and quick access to Highway 417. Only 10 minutes to downtown, this premium property offers outstanding income potential and is a valuable addition to any investment portfolio. Net Income $86,469.84/2025 (id:50982)

Ottawa, Ontario

Exceptional investment opportunity in the heart of Westboro. This turnkey triplex offers strong rental appeal with separate hydro meters, in-unit laundry, stainless steel appliances, air conditioning, and bright, modern layouts throughout. The three spacious units include a 2-bed, 2-bath, a 2-bed, 3-bath with den, and a 4-bed, 3-bath with den, providing excellent flexibility for a range of tenants. Located in one of Ottawa’s most desirable neighbourhoods, just steps to Westboro’s shops and restaurants, Westboro Beach, Ottawa River pathways, Dovercourt Recreation Centre, Tunney’s Pasture, and quick access to Highway 417. Only 10 minutes to downtown, this premium property offers outstanding income potential and is a valuable addition to any investment portfolio. Net Income: $82,522.34/2025 (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)

Ottawa, Ontario

Rare turnkey triplex in the heart of Ottawa’s rapidly appreciating Vanier/Beechwood Village corridor. This meticulously maintained income property offers three fully tenanted units sharing a consistent layout across all floors, zero vacancy history, and exceptional long-term upside in one of the city’s most sought-after emerging neighbourhoods, steps from vibrant Beechwood Avenue, Rockcliffe Park, and the Ottawa River pathways. With over $293,000 in confirmed capital investment since 2010, this is a property where the heavy lifting has already been done. Major improvements include a brand new high-efficiency boiler (2025), 90% of main cast iron pipes replaced with PVC (2026), full foundation waterproofing with sump pump and French drain system, roof in excellent condition (inspected and reflashed 2023), complete building refacing with Permacon and CanExcel cladding, new concrete front stairs, a fully redone interlock backyard and parking area, and a shed with individual storage lockers, dedicated electrical panel and new roofing. A lifetime pest control contract and updated appliances in all three units round out a truly turnkey asset. All units are occupied by excellent long-term tenants with zero tribunal history. Current gross annual income of $57,140 with significant upside as all three units are below market rent, with stabilized market rents projecting to $72,300 annually. The property is zoned N4B[1322] H(11), permitting low-rise multi-unit development up to three storeys, offering compelling future redevelopment optionality in a neighbourhood where land values are rising. A patient investor acquires strong cash flow today and meaningful appreciation potential tomorrow. (id:50982)