Ottawa, Ontario

Prime Westboro Income Opportunity! A rare chance to acquire a well-maintained, fully updated, all-brick legal duplex with a permitted basement secondary dwelling unit, ideally situated on a 49.02' x 66.0' lot in one of Ottawa's most desirable urban neighbourhoods.The property features two spacious two-bedroom units plus one one-bedroom lower unit, with the basement secondary dwelling unit added in 2024. Two driveways provide ample parking, each unit is separately hydro-metered, and all units are equipped with air conditioning.The property generates approximately $80,400 in annual gross rental income. Based on seller-provided operating expenses,the estimated Net Operating Income is approximately $60,775.63 per year, representing an estimated 5.07% cap rate. With refreshed interiors, strong in-place income, and a premium Westboro location, this is an attractive long-term investment opportunity for buyers seeking both immediate cash flow and future upside.The property may also offer additional intensification potential, including the possibility of another secondary dwelling unit or coach house/garden-suite-style development, subject to applicable zoning, planning, building code requirements, and municipal approvals. Buyer to independently verify all permitted uses and development potential. (id:63679)

Ottawa, Ontario

Purpose-built FOURPLEX on a 66' x 99' lot with N4B H zoning (formerly R4UD). This property offers both strong in-place income and excellent future development potential. This well-maintained property features four fully occupied residential units - two one-bedroom and two two-bedroom suites-plus a separately rented garage/warehouse currently used for storage, with flexibility for alternative uses such as a studio, loft-style space, or traditional parking. The building provides multiple income streams and tenant-friendly amenities, including designated parking for all tenants, storage lockers, coin-operated laundry, a utility room, and a convenient common powder room, for an annual total income of $90,600.00 (Cap rate of 5.5%). Outdoor spaces include an upper deck and a private front garden patio with lattice screening, reflecting pride of ownership throughout this long-held asset. Key updates include thermopane windows (2006 with some windows also replaced within last 5 years), flat roof (2006, with metal roof on garage), fire retrofit (2010), and an owned boiler with water storage tank (2015). The property is fully upgraded with a 100 AMP breaker panel, additional fuse panel, and no knob-and-tube wiring. Offering an ideal location at the corner of Vanier Parkway and Montreal Road, tenants love to be centrally located just steps from downtown Ottawa. The property offers easy access to shopping, transit, schools, parks, and recreational amenities, making it highly attractive to tenants. The downtown core is easily reachable by foot, bike, car, or public transit. INCLUDES: 4 fridges, 4 stoves, 2 hood fans, 1 microwave/hood fan, 1 dishwasher, 1 coin-operated washer, 1 coin-operated dryer, owned boiler, and 6 hydro meters. Note: 48-hour irrevocable required on all offers. (id:63679)

Ottawa, Ontario

Welcome to this well-located up/down duplex in the heart of Hintonburg, just steps to Wellington Street and surrounded by some of Ottawa's best restaurants, shops, and amenities. This is an ideal opportunity for investors seeking strong rental income in a high-demand area.The property features two self-contained 2-bedroom units, each with separate hydro meters and in-unit laundry. Both units are currently rented on a month-to-month basis, offering flexibility for investors or owner-occupiers. Recent upgrades (2022) include renovated bathrooms, an updated kitchen in the upper unit, and electric baseboard heating throughout. Current rents are $2,100/month for the main floor unit and $1,900/month for the upper unit, with potential for future increases in line with market rates. Situated on a generous 66 x 86.96 ft lot, the property also offers long-term upside for redevelopment in an R4 / N4B H(11) zoned area, making it an excellent hold-and-grow investment. A rare chance to own a solid income property with future potential in one of Ottawa's most desirable urban neighbourhoods. (id:63679)

Ottawa, Ontario

Attention Smart Investors! Are you looking to add to, or diversify your existing investment portfolio? Look no further than this incredible opportunity in one of Ottawa's most vibrant and sought-after neighbourhoods. Welcome to 10 Sherbrooke Avenue, a beautifully renovated, cinder block four-plex located just steps off the bustling Wellington Street. This converted former commercial building is a fully stabilized multi-unit dwelling containing four well-appointed one-bedroom and one-bathroom units currently rented above market rents and with five hydro meters. This turn key investment property has a 6% cap rate and is fully rented with ideal tenants and grosses an annual income of $96,672. Looking to increase cash flow further? With R4UB zoning and an engineer's report confirming the possibility of adding vertically to the building, there are many possibilities. Nestled in a prime location, this property is within walking distance to trendy boutiques, gourmet restaurants, charming cafes, and beautiful parks, offering an unbeatable lifestyle for your tenants. Don't miss out on this prime investment opportunity. (id:63679)

Ottawa, Ontario

CALLING ALL INVESTORS! 5 Condos for Sale and 5 Parking Spots Included. All tenanted properties with $9,400 of monthly income. Showings Mon-Fri 10AM-3PM ONLY. This includes Three Studios, One 1 Bed/Bath and One 2 Bed/1 bath. Parking is rented out for 250$/month additional. (id:63679)

Ottawa, Ontario

Imagine owning a classic Glebe home and transforming it into the home you've always dreamed of. 86 Fourth Avenue presents a rare opportunity to purchase a timeless red brick property in one of Ottawa's most sought-after neighbourhoods while enjoying the flexibility of its current duplex configuration. Occupy either the main floor or upper suite and continue renting the other to help offset your mortgage, renovate one level at a time at your own pace, or transform the property into the extraordinary single-family residence you've always envisioned. Conceptual architectural floor plans have already been prepared, providing inspiration for a stunning four-bedroom family home while still giving you the freedom to personalize every detail and create a home that is uniquely your own. Rich in character and timeless architectural appeal, this classic residence showcases original hardwood flooring, beautiful wood trim, generous room proportions, inviting covered porches, a detached garage, an expansive driveway, and two separately metered hydro services. Ideally located just steps from the Rideau Canal, Lansdowne Park, vibrant Bank Street, boutique shopping, cafés, award-winning restaurants, the Lansdowne Farmers' Market, excellent schools, parks, and countless year-round community events, you'll experience one of Ottawa's most walkable, vibrant, and cherished neighbourhoods where everything you need is just moments from your front door. Whether you choose to enjoy the home in its current configuration, thoughtfully renovate over time, or create your forever home from the ground up, 86 Fourth Avenue offers a truly unique opportunity to establish yourself in the Glebe while creating a home that can be enjoyed by your family for generations to come. (id:63679)

Ottawa, Ontario

Welcome to eclectic & historic Centertown! This COMPLETELY RENOVATED 3-unit Victorian home exudes charm & character with its high ceilings, beautifully refinished original wood floors, period details such as recreated trim work and elegant light fixtures throughout. Spacious and sunny, it offers 3 units over 4 levels. The 1st floor features a grand studio apartment (easily converts to a 1 bed by adding one wall) with fireplace hearth and access to the covered rain-proof deck overlooking the treed backyard. Rented at $1,875/mon) as of Oct 1. The 2nd & 3rd floor represent a 2-storey 3-bed + den apartment with elevated SOUTH-FACING deck. Rented at $2,900/mon) as of Sept 1st. The basement is a 1-bed apartment with separate side entrance as well as the utility and laundry room. Rented at $1,550/mon (mon to mon). Close to $400,000 in renovations over the past 6 years - new kitchens with stone countertops and dishwashers, bathrooms, central AC and mini split units on third floor, furnace/ductwork, electrical, plumbing, roof, windows, back decks and front 2-storey porch, power washing of front facade brick, recreated bargeboard (A-frame) - all TASTEFULLY renovated with QUALITY materials. A bonus COACH HOUSE in the backyard provides so many possibilities - an art studio, home business, lockers/bike storage or a potential 4th unit. 5% CAP RATE!! Well-maintained building with parking (can be expanded to 2 tandem spots) that can easily be converted back into a single-family home or used as a multi-generational home. This block of Cooper St is a quiet, low traffic block in a vibrant urban neighbourhood, within walking distance to numerous restaurants, shops, cafes along Bank St, the Glebe, Little Italy, Chinatown, Parliament Hill, numerous parks & the Rideau canal. The Lyon LRT Station is a 10 min walk. (id:63679)

Ottawa, Ontario

Situated in Ottawa's sought-after Centretown West community, this character filled triplex blends historic charm w/ modern functionality, ideal for investors seeking strong income potential. Built in 1910 & set on a 31' x 99' lot, this R4S-zoned property has undergone many updates incl. 2nd Level Unit (Renovated 23'), 2nd & 3rd lvl wall unit AC installed in (23'), furnace (21'), Main Level with Basement unit (Fully Renovated 21') & roof (08'). Each unit has been well-maintained, feat. vinyl or laminate flooring, upgraded kitchens + bathrooms & in-unit laundry. The spacious main lvl unit (3 bed, 2 bath) spans two levels, fully renovated in 21' & w/ a renovated main level separate shower (Nov 25'), is a stunning unit to see & offers access to the sunroom & backyard. Rented for $2,505 + 1 parking spot. The second level unit (2 bed, 1 bath) was fully renovated in 23' & showcases a quartz kitchen, covered balcony & modern finishes + 1 parking spot- currently vacant, projected market rent of $2450. The top lvl unit (1 bed, 1 bath,) offers an open layout, large bedroom & access to a fire escape. Rented for $1,470 (no parking included). Motion lighting for staircase to 2nd & 3rd Lvl. Exterior highlights incl. a detached garage (currently storage), landscaped yard & 2 legal parking spots ( w/ potential for 3 more spaces with roof modifications). Monthly rental income: $6,425. Yearly: $77,100. Upswing potential still & shows very well. Located steps to Bank St., Chinatown, Little Italy & the Glebe, enjoy the best of urban Ottawa w/ so many unique stores & restaurants in the immediate area & beyond. Just steps away to local faves like Arlington Five, Red Apron & Flora Hall Brewing or enjoy nearby recreation at McNabb Park, Lansdowne & the Rideau Canal. Quick transit (#14 & #85) or easy access to Hwy 417 make commuting a breeze. A prime opportunity to own a turn-key triplex in one of Ottawa's most vibrant neighbourhoods, great for any lifestyle & an amazing opportunity. (id:63679)

Ottawa, Ontario

Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33' 99' lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside. Contact the listing agent for further details regarding the potential land assembly, the rent roll & operating expenses. (id:63679)

Ottawa, Ontario

Turnkey five-unit apartment building in Centretown offering immediate income and longer-term development potential. Over 300k in capital improvements over the last 10 years.The property is fully occupied and consists of three one-bedroom apartments and two bachelor units, with annual gross income of just over $79,000. The property may qualify for attractive CMHC MLI Select financing. Tenants pay their own hydro, while the landlord pays for heat and water. Additional income may be available from the on-site parking. The property sits on a 33' 99' lot and may be assembled with adjoining properties to create a development site of approximately 13,000 square feet. This property has a Walk Score of 100/100! Ideally located within walking distance of downtown, public transit, restaurants, shops and other amenities. A strong opportunity to acquire a stabilized income property with financing, rental and redevelopment upside. Contact the listing agent for further details regarding the potential land assembly, the rent roll & operating expenses. (id:63679)

Ottawa, Ontario

Built in 2004, 3 Hilda Street is a purpose-built triplex offering a rare opportunity to own a newer, low-maintenance income property in one of Ottawa's most convenient central locations. Just steps to public transit, Bayview Station, shopping, restaurants, parks, schools, and minutes to downtown, this property offers the accessibility and convenience today's tenants are looking for.The building features three spacious two-bedroom apartments, each with bright, functional layouts, modern appliances, and the convenience of in-suite laundry with a dedicated washer and dryer. The two upper apartments also have a den/third bedroom. Every unit is independently serviced with its own forced-air furnace and rented hot water tank, providing simplified management and helping reduce landlord operating costs.Two units are currently leased for $2,178/month and $1,912/month, while the vacant basement apartment provides immediate flexibility to secure a new tenant at market rent or move in yourself. This creates an excellent opportunity for an owner-occupier to offset their mortgage with rental income and potentially purchase with as little as 5% down (subject to lender qualification).Purpose-built construction and modern mechanical systems mean lower maintenance requirements and fewer capital expenses than many older multi-unit properties. Whether you're an investor looking to expand your portfolio or a buyer seeking a smart house-hacking opportunity, 3 Hilda Street delivers the ideal combination of strong income, modern construction, exceptional location, and long-term investment potential. See attachments for permit and compliance report for third unit. (id:63679)

Smiths Falls, Ontario

This fully tenanted 6-unit apartment building sits on a generously sized lot, backing directly onto the UNESCO World Heritage Site, the Rideau Canal-offering access to scenic walking trails and outdoor recreation. Located in a quiet, residential neighbourhood known for its charm and upscale character, the property is just two blocks from the main business district and all amenities in the revitalized downtown core. The building offers beautiful canal views, specifically from the second-floor balcony, and attracts quality tenants due to its desirable surroundings. All tenants pay their own heat and hydro, with gas heating in place. Ample parking is available, with space for approximately two vehicles per unit. Current rental income is as follows: Unit 1: $871, Unit 2: $847, Unit 3: $1,896, Unit 4: $1,090, Unit 5: $1,800, Unit 6: $1,800. With strong existing cash flow and significant upside potential to increase rents, this property presents an excellent opportunity for investors seeking long-term growth and reliable returns. Two 3-bed units & four 2 bed units, New Roof April/2022, Cash Cow. Please, contact Brad Closs for more information or to arrange a viewing. (id:63679)

Ottawa, Ontario

Exceptional investment and owner-occupier opportunity featuring a desirable unit mix of two 1-bedroom suites and one spacious 3-bedroom suite, generating nearly $82,000 in annual gross rental income. Located in the heart of Sandy Hill, one of Ottawa's most sought-after rental markets, this well-maintained brick triplex is steps from the University of Ottawa, Strathcona Park, the Rideau River, downtown amenities, transit, restaurants, shopping, and entertainment. The property features a ground-floor 1-bedroom suite, an impressive 2-storey upper 3-bedroom suite with a large private balcony, and a rear-entry 2-storey 1-bedroom suite. All units offer in-suite laundry, while the property includes 2 on-site parking spaces. Unit 1 is currently vacant, providing valuable flexibility for a buyer to renovate and reposition the suite, increase future rental income, or occupy the unit themselves. The upper 3-bedroom suite is a standout feature of the property, offering exposed brick walls, hardwood flooring, spacious principal rooms, a bright open-concept layout, and a private balcony rarely found in income properties. Significant capital improvements include a new shingle roof in 2026 (flat roof age unknown, but membrane is in good condition), replacement of the main plumbing stack from the top floor to the basement, and a major foundation stabilization project along the driveway side. The work included excavation, foundation reinforcement, steel piling, waterproofing, drainage improvements, and restoration, representing a substantial investment in the property's long-term integrity. With separately metered hydro for each unit, strong existing rental income, and the added upside of a vacant 1-bedroom suite, this property offers an excellent combination of immediate income and future potential. A rare opportunity to acquire a character-filled income property with strong fundamentals and flexibility in the heart of Ottawa. (id:63679)

Ottawa, Ontario

Visit the REALTOR website for further information about this Listing. Turn-key 4-unit multifamily in east-central Ottawa. One 2-bed/1-bath, one 2-bed/2-bath, and two 1-bed/1-bath units. All renovated in 2018/2019. Approx. $90,000 gross income and projected NOI near $72,000 - a 6.47% cap rate at $1,100,000. Approx. $90,000 gross income and projected NOI near $72,000 - a 6.55% cap rate at $1,100,000. Recent capital work: pavement (2023), exterior cladding (2023), windows (2019), roof (2019). 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). Furnace and hot water tank rental from Enercare. Offered as-is; figures to be verified. Professionally managed by Easy Street Services. (id:63679)

Ottawa, Ontario

Incredible opportunity to add a solid triplex to your portfolio in an unbeatable location just a short walk from Ottawa U! Located right off campus and in the heart of Sandy Hill, the demand is always sky high and there is never a vacancy. A great unit split on the fully tenanted building which includes a large 3 bedroom, 2 bathroom apartment that spans the main and lower level. The second floor consists of a bright 2 bedroom with a private balcony, and the top floor is a charming 1 bedroom with its own dedicated fire escape. Each unit has its own laundry for added convenience. Great tenants and a headache free building, a perfect addition for your portfolio or ideal for someone wanting to live in Sandy Hill while offsetting their mortgage expense with rental income. Currently grossing $76,800. (id:63679)

Prescott, Ontario

Turnkey legal 5-unit apartment building offering strong cash flow and extensive redevelopment in the heart of Prescott. Originally a duplex, this property has been comprehensively transformed into a modern income-producing asset while preserving its attractive brick exterior and character. Generating $93,300 in gross annual income with an approximate NOI of $78,820, the building offers an excellent unit mix of one 3-bedroom suite, two 2-bedroom suites (including an accessible unit), and two 1-bedroom suites, one of which is rented as an affordable unit. Extensive capital improvements include all new kitchens, bathrooms, flooring, lighting, interior doors, plumbing, electrical, nearly all new windows, repointed brick, new decks, upgraded insulation, modern mechanical systems, quality finishes throughout, and a durable standing seam metal roof. The building features an efficient utility structure with all tenants paying their own hydro and water. Two suites have their own dedicated heating systems and pay their own heat, while three suites are heated by an efficient central gas-fired hot water boiler. The accessible and affordable units may be of interest to purchasers exploring CMHC financing programs, subject to lender and CMHC eligibility requirements. Conveniently located within walking distance to downtown Prescott, the St. Lawrence River, shopping, restaurants, schools, and just minutes from Highway 401, this is an exceptional opportunity to acquire a true turnkey multi-family investment with significant capital improvements already completed. (id:63679)

Ottawa, Ontario

Exceptional commercial/residential investment opportunity in a prime Ottawa Centre location. This well-maintained property offers strong existing tenancy, excellent income potential, and future flexibility for investors, entrepreneurs, or owner-occupiers. Located in a highly visible commercial hub with excellent exposure, convenient access to Highway 417, and proximity to Dow's Lake, Lansdowne, and Ottawa's downtown core, this property offers outstanding accessibility and long-term potential. Situated on a generous lot of approximately 33 ft x 99 ft, the property features rear parking for up to 6 vehicles and a versatile layout with multiple income streams. This property includes approximately 1,100 sq. ft. per side, plus basement space. One office space is currently owner-occupied and could potentially be rented for approximately $3,000/month. Additional income includes Unit 453, a spacious 3-bedroom, 1-bathroom unit with in-unit laundry plus parking, currently rented for $1,850/month. Unit 451 is a second-floor 3-bedroom, 1-bathroom unit with kitchen and parking, currently rented for $1,450/month, with potential for future rent increase. The property also benefits from stable tenancy and strong rental demand. Ideal for investors looking to expand their portfolio or buyers seeking a live-work/business opportunity with additional revenue. A rare find with excellent parking, strong income, visibility, and future business potential. Book your showing today and explore all the possibilities this unique property has to offer. Separate utilities: Roof replaced (2023), Furnace (2016). Great opportunity to secure a property that offers both immediate revenue and long-term growth. Book your showing today! (id:63679)

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:63679)

Ottawa, Ontario

Welcome to 169 Florence Street where you will find this beautiful and totally remodelled duplex in the heart of centretown located on a super quiet street! Approx $300k has been invested by the same family which has owned the property for over 50 years! Absolute high quality materials and craftsmanship is evident from the moment you enter with features such as new steel exterior & interior doors,remodelled kitchens featuring quartz countertops and stainless appliances, fully remodelled bathrooms w/quartz topped vanities, new insulation in attic & main level, updated electrical,new drywall,plumbing/heating piping,recessed LED lighting,luxury vinyl flooring, new appliances including new washer/dryers for both apts, painted steel stairs at rear of bldg for upper unit for fire escape, high efficiency gas furnace'15, new A/C unit '24, windows replaced approx.2000, updated front balcony area w/new soffits. New (up to code) smoke detectors installed throughout, new stucco installed at rear 2022. Property consists of 2 units- main level apt#1- (2 bedrooms) rented to excellent tenants $2500.00/month on a month to month basis and upper level apt#2 (2 bedroom + den) leased until April 30th 2027 also rented to great tenants at $2550.00/mo.for a total of $60,600.00/year. (both apt. tenants pay their own hydro).The spacious basement area has dry,concrete floors and is approx 5' in height and features an as-is bathrm plus direct access to outside. 1 electric hwt (owned) for upper level unit and 1 gas hwt (rented) for main level unit. 2 separate hydro meters. Attic space may also offer additional living space potential! Parking at rear can accommodate up to 3 cars!! Don't miss this opportunity to own this lovingly maintained, turn-key duplex in a fantastic location so close to countless amenities,bus routes and queensway. 24 hr irrevocable for offers. (id:63679)

Ottawa, Ontario

RARE DOUBLE-LOT DEVELOPMENT SITE IN BEECHWOOD VILLAGE!Landmark infill acquisition opportunity positioned just off Beechwood Avenue. This expansive 66' x 100' double parcel represents one of the premier residential build sites in Vanier North/Beechwood Village. Benefiting from the City of Ottawa N4B H(11) zoning, the site supports an 11-metre (3-storey) maximum height profile, creating a streamlined, as-of-right path for an 8 to 12 unit multi-unit residential project. Outstanding street-level orientation with open corridor views and an exceptional walkability score, steps to grocery, artisanal bakeries, boutique shops, dining, and parks, plus a short, seamless commute to downtown Ottawa and Parliament Hill. Sold strictly for land assembly and redevelopment value. An essential acquisition for multi-family builders looking for a clean, high-density site in a proven urban growth market. Buyer to verify site plan requirements and project specifics with the municipality. (id:63679)

Ottawa, Ontario

PREPARE TO FALL IN LOVE! Welcome to 1288 Plante Drive, a beautifully maintained DUPLEX nestled in the sought-after, family-friendly neighbourhood of Hunt Club! Offering a total of 6 BEDROOMS, 3.5 BATHROOMS, DOUBLE-CAR GARAGE & TWO SELF-CONTAINED LIVING UNITS, this property is a fantastic opportunity for investors, multi-generational families, or anyone looking to generate rental income. UNIT A, consisting of the main and second levels, is rented as of NOVEMBER 1ST FOR $3,500/MONTH ALL-INCLUSIVE. The LOWER UNIT is a legal 2-bedroom, 1-bathroom unit with a separate entrance, its own laundry, and can be rented for approximately $2,100/MONTH.The entire property has been COMPLETELY RENOVATED (2025-2026) and is truly 110% TURNKEY! Unit A features hardwood flooring throughout the main level, elegant formal living and dining rooms, and a spacious eat-in kitchen overlooking the backyard. The newly redesigned LAURYSEN KITCHEN features stunning quartz countertops, tons of cabinetry, high-end appliances & bar seating! The inviting family room is complete with a cozy wood-burning fireplace and patio doors leading to the private backyard.Upstairs, Unit A offers a generous primary suite with walk-in closet and private 4-piece ensuite with glass shower & soaker tub, plus 3 additional spacious bedrooms and a full bathroom. The LEGAL LOWER UNIT features 2 bedrooms, 1 bathroom, separate entrance and its own laundry, offering excellent additional rental income or flexible living space.The backyard is an oasis featuring tons of privacy, newly laid interlock, custom shed, gazebo & deck! Ideally located close to parks, schools, shopping, restaurants, public transit & everyday amenities. A fantastic TURNKEY DUPLEX WITH IMMEDIATE INCOME POTENTIAL in a highly desirable Hunt Club location! (id:63679)

Ottawa, Ontario

Welcome to 301 Zephyr Avenue, a unique multi-unit property in Ottawa's sought-after Britannia neighbourhood, offering an exceptional combination of lifestyle, flexibility, and income potential on one of the largest lots in the area. Currently configured as three separate living spaces-a four-bedroom plus den, a two-bedroom plus den, and a bachelor unit-this versatile property is well suited for investors, multi-generational families, or buyers looking to offset their mortgage with rental income. Each unit features its own private entrance, kitchen, convenient access to laundry, dedicated parking, and comfortable, functional living space. Two separate garages and additional driveway parking provide plenty of room for multiple households while maintaining privacy and convenience. At the rear of the property, a detached structure offers further potential for conversion into an additional living space, subject to applicable approvals, creating an exciting opportunity to enhance the property's long-term value and income potential. Whether you're looking to expand your investment portfolio, accommodate extended family, or enjoy homeownership with built-in income opportunities, 301 Zephyr Avenue offers remarkable versatility. The location completes the package. Enjoy being just steps from the Ottawa River and NCC pathways and within easy reach of Britannia Park, schools, transit, shopping, and everyday amenities. With an oversized lot, multiple living spaces, abundant parking, and future potential, this is a rare opportunity to own a truly flexible property in one of Ottawa's most distinctive communities. (id:63679)

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:63679)

Ottawa, Ontario

Excellent opportunity for investors/Developers on a residential/commercial property with zoning AM10. The property is convinient with bus stops, shops, Tim Horton and rstaurants aroung. There is high demand for rent for this area so the building is never vacant. There are three 3 bedroom apartments with full kitchen, bathrooms and dining areas. The 1st apartment in lower level is rented for $2,200 a month; the second apartment is rented for $2,000 a month; the 3rd apartment is rented for $1,800 a moth. The rent can be potentially greatly increased reflecting market rent when new owner can arrange new lease terms and rates. Each apartment has its own hydro meter and gas meter. (id:63679)