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 rented 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:63679)

Ottawa, Ontario

Visit the REALTOR website for further information about this Listing. Approx. $67,000 gross income and projected NOI near $50,000 - a 5.65% cap rate at $895,000. Turn-key 3-unit multifamily in east-central Ottawa. Fully rented three 2 bed 1 bathroom units. Recent capital work: pavement (2023), exterior cladding (2023), windows (2019), roof (2019). 5 exterior storage lockers. Coin operated laundry in basement. Boiler and hot water tanks all owned. Steps from Beechwood, with quick access to the Montfort Hospital, downtown Ottawa, the University of Ottawa, the Byward Market and the rest of Ottawa through the nearby highway 417. CM1 zoning may support future development (buyer to verify). Offered as-is; figures to be verified. Professionally managed by Easy Street Services. (id:63679)

Ottawa, Ontario

Welcome to 1197 Maitland, a well-maintained legal duplex that has been lovingly cared for by the same family for many years. Pride of ownership is evident throughout, with numerous upgrades completed over time.The move-in-ready ground-floor apartment offers the perfect opportunity for an owner-occupant, while the upper apartment and basement apartment provide excellent rental income potential. Each unit features separate hydro meters and its own laundry, offering added convenience and privacy for tenants.Whether you're looking to live in one unit while generating rental income or expand your investment portfolio, this versatile property presents an exceptional opportunity. (id:63679)

Ottawa, Ontario

253 Frechette Street presents a rare opportunity in one of Vanier's most vibrant and fast-evolving neighbourhoods. This three-unit building offers three separate, self-contained units along with an oversized garage, approx. 1300 square feet, that opens the door to possible commercial use - a flexible feature that's hard to come by. Whether you're an investor after immediate rental income, an owner-occupier looking to offset your mortgage, or a builder eyeing the development potential this property delivers options. You're within easy reach of shops, restaurants, transit, and everyday amenities on Beechwood Ave where the village is booming all in a community that keeps growing in demand and character. Solid space, real flexibility, and genuine upside - this is a property with room to grow. (id:63679)

Ottawa, Ontario

Welcome to 360 Gilmour Street, a beautifully maintained century duplex offering spacious living, strong rental income, and excellent long-term investment potential in one of Ottawa's most desirable urban neighbourhoods. Ideal for investors or buyers looking to live in one unit while generating income from the other, this property offers versatility, valuable parking revenue, and long-term value in a prime Centretown location.This classic brick duplex offers approximately 1,880 sq. ft. of interior space and generates a combined monthly residential rental income of $4,128, plus an additional $700/month in parking revenue from surplus parking spaces.Unit 1 offers 1 bedroom, 1.5 bathrooms, 1 parking space, and an enclosed backyard porch. Unit 2 features 3 bedrooms, 2 bathrooms, and 1 parking space, providing flexible living arrangements attractive to long-term tenants. Heat and water are included in both units, with tenants responsible for hydro.A rare feature for downtown Ottawa, the property includes 9 total parking spaces, creating additional revenue potential and enhancing long-term value.Major upgrades include triple-glazed windows (2023), boiler system (2024), roof replacement (2013), replaced plumbing stacks, R12 foam insulation in the basement (2017), and ongoing improvements throughout ownership, offering peace of mind and reduced future capital costs.Located in the heart of Centretown, residents enjoy walking access to Bank Street and Elgin Street, with cafés, restaurants, boutiques, parks, transit, downtown offices, and everyday amenities nearby. Just minutes from the Rideau Canal, Parliament Hill, and the University of Ottawa, this highly walkable location continues to attract professionals and quality tenants.Don't miss this opportunity to own a character-filled duplex in one of Ottawa's most vibrant neighbourhoods. Also available: 356 Gilmour Street as another excellent investment opportunity. Measurements are approximate. (id:63679)

Ottawa, Ontario

**Because it takes two to make a thing go right...** 257 Lavergne Street offers the kind of flexibility that can make a home work harder for you, with two self-contained two-bedroom units, separate laundry and separate metering under one roof. Better still, the property is being sold vacant, giving the next owner the freedom to decide exactly how they want to use it from day one. For a multi-generational family, it creates the opportunity to live close while maintaining independence. For a first-time or younger buyer, the second unit can help offset the mortgage while you build equity. And for the creative investor, the property offers even more to think about, including an approximately 550 sq. ft. heated attached garage with electrical and architectural plans already prepared for a potential conversion, plus a lot that could hold longer-term redevelopment potential. The raised-bungalow design is a big part of what makes the setup work so well. Large windows bring natural light into the lower level, helping it feel like a genuine second home rather than a traditional basement apartment. Each unit offers two bedrooms, a full bathroom, comfortable living space and a generous eat-in kitchen, while the upper level adds hardwood floors, a custom fireplace wall and direct access to the backyard. Outside, established gardens, a two-tiered deck and gazebo create a private place to unwind, but one of the biggest draws is what sits just beyond the property. Beechwood Avenue is close by, putting some of Ottawa's best local cafés, restaurants, specialty shops and everyday conveniences within easy reach. Live in one and rent the other. Bring family together without giving up independence. Explore a third unit or think bigger about what the property could become over time, subject to applicable approvals.257 Lavergne isn't just a bungalow with two units. It's a property with options, and the freedom to choose what comes next. (id:63679)

Ottawa, Ontario

Exceptional opportunity to own a renovated detached bungalow with a legal secondary unit with a separate entrance on a child friendly and quiet street within steps to the park. This all brick family home in desirable Queensway Terrace South on a 50' x 100' lot features three bedrooms on the main level (currently vacant) with an updated kitchen and bathroom, hardwood floors and insuite laundry. The lower level is currently tenant occupied @ $1,900 per month and features two bedrooms, a fully renovated kitchen and bathroom and insuite laundry. Upgrades include a Generac generator ('23), a new chimney ('23), upgraded insulation and sound proofing ('16), hi-efficiency furnace and central air conditioner ('15), roof shingles ('14) and so much more! Superb location and neighbourhood with nearby amenities, services and public transportation. 24 hour required for all showings. 24 hour irrevocable required on all offers. 60 days/TBA possession. A new home with income? (id:63679)

Ottawa, Ontario

Welcome to this fully renovated bungalow with legal SDU (secondary dwelling unit) in the heart of Vanier North, steps away from Beechwood, offering a turnkey investment opportunity or future owner-occupancy potential. Renovated top to bottom in 2025, this property features two thoughtfully updated units with modern finishes and functional layouts throughout. The large upper unit offers three bedrooms and one full bathroom in a bright, inviting space, while the lower unit provides three bedrooms and two bathrooms, one of which is an ensuite, creating strong appeal for a variety of tenant profiles. Both units feature fresh, contemporary interiors and are well suited for stable rental income; Upper unit currently leased at $2,650, Lower unit currently leased at $2,400. The property includes three parking spaces, with tandem parking for the upper unit and a dedicated space for the lower, along with shared access to the backyard. Ideally located just steps from transit, schools, parks, and the Rideau River pathways, and within easy reach of Beechwood Avenue, downtown Ottawa, and the University of Ottawa, this property is surrounded by grocery stores, restaurants, and everyday amenities, making it a fantastic opportunity in one of Ottawa's most up-and-coming urban communities. Tenants pay Hydro, Landlord pays Gas and Water. 24 hour irrevocable on all offers. (id:63679)

Ottawa, Ontario

395 McLeod Street represents a compelling investment opportunity in the heart of Centretown, one of Ottawa's most established and consistently in demand urban neighbourhoods. As of July 2025, the property generated $59,582.64 in gross rental income, with total operating expenses of $19,510.59, resulting in a strong net income of $40,072.05. These figures reflect stable performance, efficient cost management, and dependable cash flow, making the property well suited for investors seeking both income reliability and long term value preservation.Centrally located, the property benefits from exceptional walkability and proximity to downtown Ottawa, Parliament Hill, major employment hubs, and key transit routes. The surrounding area is anchored by the vibrant commercial corridors of Bank Street and Elgin Street, offering a wide range of restaurants, retail, and daily amenities. This location continues to attract a diverse and stable tenant base, including government employees, professionals, and students, supporting consistent rental demand and favourable long term growth potential. With its strong financials and prime urban setting, 395 McLeod Street is a solid addition to a well balanced real estate investment portfolio. (id:63679)

Ottawa, Ontario

RECENTLY RENOVATED TRIPLEX THROUGHOUT..THREE TWO BEDROOMS UNIT..WITH OWN PRIVATE ENTRANCES..RENTED..MOVING CONDITION..EACH UNIT RENT IN THE TWO THOUSAND DOLLARS RANGE PLUS AND ..ALL TENANTS TO PAY THEIR OWN HEAT AND HYDRO..GREAT BACKYARD COULD HAVE A MINI COACH HOUSE.. (id:63679)

North Grenville, Ontario

Don't miss this exceptional opportunity to own a triplex set along the tranquil banks of Kemptville Creek, providing direct access to the historic Rideau River, a UNESCO World Heritage waterway! All three units are 2 bedrooms, each with a 4pc. bath and include laundry! The vacant unit is a 2 storey with large living room, separate laundry room and an eat in kitchen overlooking the backyard/water. This unit has access to a back deck from the kitchen, has 2 bedrooms on the 2nd level - one with a patio door to a 2nd level deck! An updated 4p. bath also in the 2 storey unit, currently vacant! Unit 112 is a main level unit with 2 bedrooms, large kitchen & charming living room. This unit also has a new back deck to enjoy the water & outdoor space. Both 112 & 114 have access to their separated basements, and are heated with F/A gas furnaces (2015). Unit 110 is an upper 2 bedroom unit, with 4pc. bath, great sized living room, and kitchen. This unit also has a new back deck with access to the backyard. This unit has baseboard heat. The windows & doors were replaced in (2017) in both unit #110 & #112. Utilities for each unit are separate, with 3 separate hydro meters. Each unit has an entrance from the main street as well as rear entrances. Unlike most income properties, this doesn't only have water access & view, but a large yard and minimum 2 parking spots per unit + visitors! Not often you get a building this well maintained, a true triplex on .52 acres on the Kemptville Creek with great updates and access to all amenties without getting in a vehicle! But if you have a car...there is plenty of outdoor parking for it! This building is across the street from the Heritage Grahams Bakery & amazing baked goods - does it get any better than that! Book your private viewing today. 24 Hour notice for all showings to accommodate tenants. (id:63679)

Ottawa, Ontario

Move-in ready legal duplex featuring a secondary dwelling unit on a prime corner lot in sought-after Riverside Park, just minutes from Mooney's Bay. An excellent opportunity for investors, multi-generational families, or owner-occupants looking to offset their mortgage with rental income, with projected combined rental income of approximately $4,900/month.The property was recently converted into a legal duplex, with the lower-level secondary dwelling unit completed in July 2025.The main level offers a spacious living room with hardwood flooring, dining area, updated kitchen (2013), renovated 4-piece bathroom (2014), and three generous bedrooms. Windows throughout were updated in 2017.The newly finished lower level provides a bright living area, two bedrooms, and 1.5 bathrooms. A locked utility room provides separate washers and dryers for each unit.Additional features include a shared furnace, central A/C, owned hot water tank, and a 200-amp electrical panel upgraded in 2025.Outside, the prime corner lot features a fully fenced backyard, carport, and double driveway with parking for up to five vehicles.Ideally located close to parks, schools, shopping, transit, and everyday amenities. Walkley O-Train Station is approximately a 6-minute bike ride away, while Ottawa International Airport is approximately a 6-minute drive.Major updates include the **legal duplex conversion and lower-level secondary dwelling unit (2025), 200-amp electrical panel (2025), roof (2010), furnace (2013), central A/C (2013), main-level kitchen (2013), main-level bathroom (2014), and updated windows throughout (2017). Approximate monthly utilities are $324. Occupancy permit for the duplex conversion is available on file. Some photos have been digitally staged (id:63679)