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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

6 Beds

3 Baths

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Est. payment | -/mo

Save Virtual Tour

6 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 3402 - Vanier

MLS Listing ID X13061458

Style 3-Storey

Bedrooms 6

Annual Tax Amount $5,767

Tax Year 2025

Property Sub-Type Triplex

Property Description

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.

Location

Province ON

County Ottawa

Area Ottawa

Zoning N4B[1322] H(11

Rooms

Family Room No

Basement None

Kitchen 3

Separate Den/Office 2

Interior

Interior Features Separate Hydro Meter, Storage, Storage Area Lockers, Water Heater Owned, Water Heater

Cooling None

Inclusions Stove x3, Fridge x3, Dishwasher x3, Washer, Dryer, 3x Hot Water Tanks

Exterior

Exterior Feature Landscaped

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 33.0

Lot Depth 99.0

Total Parking Spaces 3

Building

Building Age 51-99

Foundation Concrete

Others

Senior Community Yes

ParcelsYN Yes

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Listed by COLDWELL BANKER FIRST OTTAWA REALTY

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95 Barrette ST Vanier And Kingsview Park, ON K1L 8A2