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Tony & Ledi Real Estate Team

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

Est. payment | -/mo

5 Beds

3 Baths

Save

Est. payment | -/mo

Save

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 3404 - Vanier

MLS Listing ID X13213406

Style 3-Storey

Bedrooms 5

Annual Tax Amount $5,402

Tax Year 2026

Property Sub-Type Triplex

Property Description

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!

Location

Province ON

County Ottawa

Area Ottawa

Zoning R4E

Rooms

Family Room No

Basement Separate Entrance, Apartment, Full, Finished with Walk-Out

Kitchen 3

Interior

Interior Features Carpet Free, Separate Hydro Meter

Cooling None

Inclusions All light fixtures and window coverings, outdoor garbage & storage shed, Coin operated laundry machines.

Exterior

Exterior Feature Patio, Privacy

Parking Features Available, Front Yard Parking, Private

Pool None

Roof Type Flat

Lot Frontage 40.0

Lot Depth 72.5

Total Parking Spaces 4

Building

Foundation Concrete Block

Others

Senior Community No

ParcelsYN No

Listed by COLDWELL BANKER FIRST OTTAWA REALTY

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

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397 Brant ST Vanier And Kingsview Park, ON K1L 6V5