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Est. payment | -/mo

4 Beds

3 Baths

Save

Est. payment | -/mo

Save

4 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 4205 - West Centre Town

MLS Listing ID X13508542

Style 3-Storey

Bedrooms 4

Annual Tax Amount $5,156

Tax Year 2026

Property Sub-Type Triplex

Property Description

INVESTMENT OPPORTUNITY for under $675,000! Three Storey semi detached TRIPLEX in the heart of Chinatown. Zoned R4H and Ideally located with a school directly across the street and just minutes to Downtown, Little Italy, public transit, shopping, restaurants, parks, and all amenities. This centrally located income property offers an excellent opportunity for investors looking to expand their portfolio or those seeking a property with strong rental potential. Situated on an 18.18' x 71.19' lot, the property includes one front parking space and a spacious backyard for tenants to enjoy. Offering an attractive CAP RATE of 6.6% and Gross Annual rental income of $51,924 this is a turnkey investment with immediate cash flow. Rented on an All Inclusive basis. Unit 1: currently Vacant and a great option for an Owner Occupied unit, it's a two bedroom, one bathroom unit on the main floor with access to the finished basement, providing additional living space and a dedicated laundry area. The kitchen and several interior finishes were updated in 2022, along with newer floors in 2026. Unit 2: One bedroom, one bathroom apartment on the second floor with its own washing machine. Unit 3 is a one bedroom, one bathroom unit that provides additional rental income. The property is heated by natural gas forced air and serviced by one hydro meter. All appliances are included! Located in one of Ottawa's most desirable rental areas with consistent tenant demand, this property offers excellent long term investment potential and the opportunity to generate reliable income from day one. A fantastic opportunity to own an affordable multi unit property in a prime central location. Book your private showing today! 24 hour irrevocable required on all offers.

Location

Province ON

County Ottawa

Area Ottawa

Zoning R4H

Rooms

Family Room Yes

Basement Full, Finished

Kitchen 0

Interior

Interior Features Water Heater Owned

Cooling None

Inclusions 3 Fridges, 3 Stoves, 1 Dryer (Unit 1), 2 Washers (Unit 1 & 2), 1 Water Tank

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 18.18

Lot Depth 71.19

Total Parking Spaces 1

Building

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Listed by RE/MAX HALLMARK REALTY GROUP

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+1(647) 493-3579

info@tonyledi.com

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174 Arthur ST West Centre Town, ON K1R 7C4