- 5 Bedroom
- 3 Bathroom
- 1,500 - 2,000 ft2
$725,000
Turn-key triplex investment opportunity located in Ottawa's central east end in the established community of Castle Heights! This well-maintained property has been owned by the same owner since 1989 & offers stable long-term tenants, reliable income, 4 parking spaces & separate hydro meters for each apartment + common areas. All tenancies are month-to-month, providing excellent flexibility for investors looking to expand their portfolio or potentially owner/family occupy. Add'l income is generated through the coined washer & dryer located in the shared laundry room. Apt. 1 is a LL 1 bed, 1 bath unit feat. laminate flooring, an updated kitchen w/ eating area, renovated full bath & large windows for natural light. Apt 2 offers a spacious 2 bed, 1 bath layout w/ hardwood flooring in the living rm & primary bed, laminate flooring in the secondary bed & a bright eat-in kitchen. Apt 3 feat. 2 beds, 1 bath, hardwood flooring t/o the principal rooms & 2 dedicated parking spaces. Shared common areas incl. front & rear staircases, laundry rm, utility rm & under stair storage . Extensive updates completed t/o ownership incl. roof replacement in 2015, boiler installed in 2010, painted front & rear staircases in 2025, + significant basement improvements in 2009 incl. new drain lines, backup valve installation, insulation, concrete flooring, updated flooring t/o, renovated basement kitchen & bathroom & windows replaced over the years as well. The exterior offers a stucco finish, interlocked side & rear walkway/patio, shared backyard space, storage shed & garbage area. NOI of $26,372.11 w/ loads of upswing in quiet residential Castle Heights community! Conveniently Walk to transit on McArthur Ave/Donald. Mins to St. Laurent Blvd., Montréal Rd. & downtown. Nearby amenities incl. St. Laurent Shopping Centre, Trainyards, Costco, parks, rec centres & many restaurants. A great opportunity to own a centrally located income property with long-term upside in a growing area of Ottawa! (id:50982)
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Details
Property Details
|
MLS® Number
|
X13213406 |
|
Property Type
|
Multi-family |
|
Community Name
|
3404 - Vanier |
|
Amenities Near By
|
Place Of Worship, Public Transit, Schools |
|
Community Features
|
Community Centre |
|
Equipment Type
|
Water Heater - Gas, Water Heater |
|
Features
|
Carpet Free |
|
Parking Space Total
|
4 |
|
Rental Equipment Type
|
Water Heater - Gas, Water Heater |
|
Structure
|
Patio(s), Shed |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
5 |
|
Bedrooms Total
|
5 |
|
Amenities
|
Separate Electricity Meters |
|
Appliances
|
Storage Shed, Window Coverings |
|
Basement Development
|
Finished |
|
Basement Features
|
Separate Entrance, Apartment In Basement, Walk Out |
|
Basement Type
|
N/a, N/a, Full, N/a (finished) |
|
Cooling Type
|
None |
|
Exterior Finish
|
Stucco, Concrete |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Other, Radiant Heat |
|
Stories Total
|
3 |
|
Size Interior
|
1,500 - 2,000 Ft2 |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Fenced Yard |
|
Land Amenities
|
Place Of Worship, Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
72 Ft ,6 In |
|
Size Frontage
|
40 Ft |
|
Size Irregular
|
40 X 72.5 Ft |
|
Size Total Text
|
40 X 72.5 Ft |
|
Zoning Description
|
R4e |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Bathroom |
2.11 m |
1.36 m |
2.11 m x 1.36 m |
|
Second Level |
Living Room |
3.07 m |
4.73 m |
3.07 m x 4.73 m |
|
Second Level |
Kitchen |
3.07 m |
4.36 m |
3.07 m x 4.36 m |
|
Second Level |
Bedroom |
3.2 m |
3.57 m |
3.2 m x 3.57 m |
|
Second Level |
Bedroom |
3.2 m |
3.32 m |
3.2 m x 3.32 m |
|
Third Level |
Living Room |
3.18 m |
4.73 m |
3.18 m x 4.73 m |
|
Third Level |
Kitchen |
3.08 m |
4.36 m |
3.08 m x 4.36 m |
|
Third Level |
Bedroom |
3.19 m |
3.56 m |
3.19 m x 3.56 m |
|
Third Level |
Bedroom |
3.19 m |
2.71 m |
3.19 m x 2.71 m |
|
Third Level |
Bathroom |
2.11 m |
1.36 m |
2.11 m x 1.36 m |
|
Lower Level |
Bedroom |
3.2 m |
3.38 m |
3.2 m x 3.38 m |
|
Lower Level |
Kitchen |
3.07 m |
4.53 m |
3.07 m x 4.53 m |
|
Lower Level |
Bathroom |
2.26 m |
1.54 m |
2.26 m x 1.54 m |
|
Lower Level |
Laundry Room |
3.2 m |
1.99 m |
3.2 m x 1.99 m |
|
Lower Level |
Utility Room |
3.2 m |
1.99 m |
3.2 m x 1.99 m |
Map