Exceptional Opportunity for Investors, Multi-Generational Families, or Owner-Occupants! This formerly triplex property offers a rare chance to secure immediate vacant possession, set market rents, and choose your own tenants. Ideal for investors, extended families, or buyers seeking long-term upside, income potential, and future redevelopment opportunities. Located on a 47' x 113' lot and zoned R4, the property provides strong development and value-add potential in a highly desirable Ottawa location. The layout includes a 3-bedroom upper unit, a 2-bedroom main floor unit, and a 1-bedroom basement unit, all finished with carpet-free flooring for durability and low maintenance. Built in 1956 and lovingly held as a family home since April 1965, the property combines solid construction with timeless character. It is ready to be enjoyed as-is or thoughtfully modernized to suit your vision. A standout feature is the abundant storage throughout, offering rare and practical functionality across all levels. The basement unit provides added income potential and flexibility, making it well-suited for multi-generational living or investors aiming to maximize returns. An attached garage offers versatile space, ideal for storage or a very small vehicle. Conveniently located just minutes from downtown Ottawa, the property benefits from strong rental demand with close proximity to transit, parks, schools, and amenities. Recent updates include PVC windows and a newer roof, helping reduce near-term maintenance costs. Three hydro meters are already in place for efficient utility management. With vacant possession, strong location fundamentals, and multiple future pathways, this property presents a compelling combination of immediate income potential, long-term appreciation, and redevelopment opportunity in one complete package.
Perfect for a growing family, multi-generational living, or a prime investment opportunity with strong income potential! Choose your own tenants!! Welcome to this versatile duplex, formerly a triplex, situated on a generous 47 x 113 ft lot and zoned R4 - offering excellent redevelopment and value-add potential. The current configuration includes a spacious 3-bedroom unit and a well-sized 2-bedroom unit, both featuring no carpet throughout for low-maintenance ownership and long-term durability. The lower level, previously used as a third unit, provides additional income potential and flexibility for future optimization. An attached garage adds tenant appeal and rental value. With all units currently vacant, investors and owner-occupiers benefit from the rare opportunity to move in immediately, set market rents, and strategically select tenants. Ideally located just minutes from downtown Ottawa, this property offers strong rental demand driven by proximity to transit, parks, schools, and major amenities. Recent updates including PVC windows and a newer roof reduce near-term capital expenses. With three separate hydro meters already in place, operating costs can be efficiently managed and passed on to tenants. Whether you're building your rental portfolio, accommodating extended family living, or targeting long-term appreciation and redevelopment upside, this property delivers flexibility, location, and income growth potential in one complete package.
TREB #X12343521
Nov 1, 2025
Delisted
—
Aug 14, 2025
Listed
$890,000
+25
Choose your own tenants!! Welcome to this versatile duplex, formerly a triplex, ideally located on a spacious 47 x 113 ft lot and zoned R4, offering exceptional redevelopment potential. The current layout features one expansive 3-bedroom unit and one comfortable 2-bedroom unit, both with no carpet throughout for easy maintenance and modern appeal. The lower level, previously used as a third unit, adds excellent potential for additional rental income or can be incorporated into a generous single-family home layout ideal for a growing family but also for multi-generational living. The property also includes an attached garage for added convenience. All units are currently vacant, giving you the rare opportunity to move in immediately or handpick your own tenants and set rental rates to your preference. Situated just minutes from downtown Ottawa, this property offers unbeatable access to urban amenities, parks, schools, and major transit routes. Whether you're an investor looking for income potential or a homeowner seeking future development options, this property delivers both flexibility and long-term value. Notable updates over the years include PVC windows and a newer roof. With three hydro meters already in place, the groundwork is set for a smart investment in a prime location.
TREB #X12262351
Jul 4, 2025
Listed
$985,000
TREB #X12216954
Jun 12, 2025
Listed
$1,050,000
As the MLS and public records start to fill up, we'll list the details here.