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$ 839,900
Est. payment | /mo
6 Beds
3 Baths
$ 839,900
Est. payment | /mo
6 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision 3402 - Vanier
MLS Listing ID X13068304
Style 2-Storey
Bedrooms 6
Annual Tax Amount $5,020
Tax Year 2026
Property Sub-Type Triplex
Property Description
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.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Full, Finished
Kitchen 3
Interior
Interior Features Carpet Free, Separate Hydro Meter
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Front Yard Parking, Other
Pool None
Roof Type Shingles
Lot Frontage 33.0
Lot Depth 95.0
Total Parking Spaces 4
Building
Building Age 51-99
Unit Features School,Hospital,Rec./Commun.Centre,Library,Public Transit,Other
Foundation Concrete
Others
Security Features Smoke Detector
ParcelsYN No
Listed by RIGHT AT HOME REALTY
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