Ottawa Triplex For Sale

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For sale
$2,195,000
1368 LABRIE AVENUE, Ottawa, Ontario

1368 Labrie Avenue

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:66888)

1 Bathroom 2,804 sqft
For sale
$2,195,000
1368 LABRIE AVENUE, Ottawa, Ontario

1368 Labrie Avenue

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:66888)

8 Bedroom 4 Bathroom 1,500 – 2,000 sqft
For sale
$189,900
111 TAYLOR AVENUE, Kirkland Lake, Ontario

111 Taylor Avenue

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:66888)

6 Bedroom 3 Bathroom 2,000 – 2,500 sqft
For sale
$995,000
6607-6613 FOURTH LINE ROAD, Ottawa, Ontario

6607-6613 Fourth Line Road

Ottawa, Ontario

Exceptional investment opportunity in the heart of North Gower, offering immediate income and outstanding future development potential. Positioned prominently at the intersection of Roger Stevens Drive and Fourth Line Road, this unique land assembly includes two fully tenanted triplex buildings along with a commercially zoned parking lot situated between them. The parking area accommodates approximately 10-12 vehicles and features a versatile outbuilding currently utilized for storage. With Village Mixed Use (VM) zoning, this property presents remarkable flexibility for a wide range of commercial, residential, or mixed-use possibilities. Whether you’re seeking a strong income-generating asset, a strategic land holding, or a site with exciting redevelopment prospects, this offering delivers exceptional value and long-term upside in a growing community. *Lot size is based on all three properties. (id:50982)

10 Bedroom 7 Bathroom 0 – 699 sqft
For sale
$139,000
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
$1,099,000
491 MCLEOD STREET, Ottawa, Ontario

491 Mcleod Street

Ottawa, Ontario

Turn-key investment property in the heart of Centretown with 5.42% Cap rate! Exceptionally well maintained and fully leased to professionals, this triplex is a rare find in today’s market. Offering three spacious units, including two two-bedroom apartments and one one-bedroom-plus-den apartment, each unit features hardwood flooring throughout, updated kitchens and bathrooms, and two units have fireplaces (one gas and one electric). Additional highlights include two parking spots, a detached garage, a fully fenced backyard, coin-operated laundry, and numerous updates including the roof (2017), interlock driveway (2020), gas boiler (2021), composite front deck (2022), front deck railings (2026) and freshly painted stucco exterior (2026). Ideally located just steps from Bank Street’s shops, restaurants, cafés, transit, and downtown amenities. (id:50982)

5 Bedroom 3 Bathroom 2,500 – 3,000 sqft
For sale
$579,900
201 ETHEL STREET, Ottawa, Ontario

201 Ethel Street

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)

4 Bedroom 3 Bathroom 700 – 1,100 sqft
For sale
$739,988
446 CAMBRIDGE STREET S, Ottawa, Ontario

446 Cambridge Street S

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. Driveway parking for 2 small cars. (id:50982)

4 Bedroom 3 Bathroom 1,500 – 2,000 sqft
For sale
$2,500,000
1/3/5/9/13/15/23 JESSIE STREET, Brockville, Ontario

1/3/5/9/13/15/23 Jessie Street

Brockville, Ontario

An exceptional opportunity to acquire one of Brockville’s most unique waterfront investment and marina holdings. Situated along the beautiful St. Lawrence River, this landmark portfolio encompasses a marina, multiple income-producing residential properties, commercial space, and significant future development potential-all offered together for $2,500,000.The marina property at 15 Jessie Street features extensive waterfront infrastructure with approximately 20 Sea-Doo slips, 5+ slips for boats, a boat launch, and direct access to some of the finest boating waters in Eastern Ontario. The property also includes a substantial three-storey stone warehouse building, offering character, storage, marine-related operations, or potential redevelopment opportunities. A separate commercial retail building fronts with a triplex residential unit above, providing multiple income streams and flexible use options. Included in the sale is the neighbouring 23 Jessie Street, a triplex, further enhancing the property’s revenue potential. Also included is 1 Jessie Street, a partially renovated residence with excellent potential for conversion into a duplex, subject to required approvals, creating additional income opportunities. Completing this package is 3 Jessie Street, a waterfront home with shared services overlooking the St. Lawrence River. While requiring renovations and modernization, the property offers tremendous upside and the opportunity to create a stunning riverfront residence. This diversified waterfront portfolio combines marina operations, commercial space, residential rental income, redevelopment potential, and irreplaceable St. Lawrence River frontage. Opportunities of this scale and versatility are increasingly rare, making this an attractive offering for investors, marina operators, developers, or entrepreneurs seeking a flagship waterfront property in the heart of Brockville. A truly unique chance to own a substantial waterfront holding. (id:66888)

1 Acres
For sale
$749,900
538 MUTUAL STREET, Ottawa, Ontario

538 Mutual Street

Ottawa, Ontario

Exceptional development opportunity in the heart of Castle Heights. Situated on a 60′ x 111′ lot and currently improved with a tenanted triplex providing holding income, this property offers compelling future redevelopment potential. A substantial rear concrete block building with high ceilings-larger than the existing residential structure-creates a rare opportunity for adaptive reuse or future development, subject to buyer due diligence and required approvals. Zoned N4B (buyer to verify), the property may support a variety of residential development concepts under Ottawa’s evolving zoning framework. Located in a neighbourhood experiencing significant reinvestment and infill activity, this is an outstanding opportunity for builders, developers, and investors seeking both current income and long-term upside. AI renderings included for illustration purposes only. Buyers are advised to verify zoning, permitted uses, development potential, and all approvals required for their intended use. (id:50982)

4 Bedroom 3 Bathroom 2,500 – 3,000 sqft
For sale
$789,900
185 PRESTON STREET, Ottawa, Ontario

185 Preston Street

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)

2,700 sqft
For sale
$789,900
185 PRESTON STREET, Ottawa, Ontario

185 Preston Street

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)

1,500 – 2,000 sqft

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