Space
Finished area and layout
- Square Feet
- 3,000-3,500 sqft
- Bedrooms
- 5
- Bathrooms
- 3
+32 more
5
Bedrooms
3
Bathrooms
3,000-3,500 sqft
Square Feet
26.4 x 99 FT
Lot
2
Parking
Property Snapshot
Key details for this listing
MLS #X13425212
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Basement
About This Property
This 5-bedroom, 3-bathroom multi-family in Ottawa offers 3,000-3,500 sqft of square feet on a 26.4 x 99 FT lot. 3 storeys. The home features forced air, natural gas heating, wall unit, a unfinished, n/a basement.
MLS Remarks
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:60351)
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