Exceptional Triplex in the Heart of Sandy Hill! A rare opportunity to own a fully leased, income-generating property in one of Ottawa's most desirable downtown neighbourhoods. This 3-storey triplex offers modern comfort, strong rental returns, and unbeatable location-perfect for investors or owner-occupiers alike. Each unit is self-contained with its own kitchen, full bathroom(s), and in-unit laundry, ensuring convenience and privacy for all tenants. Unit 1 (Main + Lower): 5-bedroom layout (3 on main, 2 below) with 2 full baths, shared kitchen and laundry, currently rented for $4,150/month. Unit 2 (Second Floor): Bright 2-bedroom + den apartment with full kitchen and laundry, ideal for professionals or students, rented for $1,800/month. Unit 3 (Third Floor): Spacious 2-bedroom unit featuring its own laundry and kitchen, bringing in $1,850/month including parking. Recent updates include a new A/C unit and owned hot water tank (2023). Three on-site parking spaces add further appeal. The property generates an impressive annual gross income of $93,600, with net income of $74,530 (after expenses) - a truly turn-key investment. Landlord pays for the utilities. Most units are available fully furnished, offering flexible options for short-term or long-term rentals. With steady leases signed within the past year and its proximity to Ottawa U, downtown amenities, and the Rideau Canal, this triplex combines strong cash flow with long-term growth potential. A solid investment in a prime downtown location. Don't miss it! (id:47421)
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Detailed Information
Bedrooms
7
Bathrooms
4
Lot
41 x 72 ft
Listing Contract Date
2025-10-28
Location Description
Cross Streets: Somerset St E & Sweetland Ave. ** Directions: STEPS FROM OTTAWA U - Laurier East, then south on King Edward or Range to Somerset East. Property is between Sweetland and Russell.
# of Parking Spaces
3
Property Type
Multi-family
Transaction Type
For sale
Building
Appliances
Water Heater, Dishwasher, Dryer, Hood Fan, Microwave, Stove, Washer, Refrigerator
Basement Development
Finished
Basement Features
Apartment in basement
Basement Type
Full, N/A (Finished), N/A
Cooling Type
Central air conditioning
Exterior Finish
Brick
Foundation Type
Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
3
Type
Triplex
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Kitchen
Second level
3.49 m x 3.91 m
Bedroom
Second level
2.24 m x 3.52 m
Bedroom
Second level
3.8 m x 3.59 m
Bedroom
Third level
4.11 m x 3.87 m
Bedroom
Third level
5.1 m x 3.8 m
Kitchen
Third level
3.32 m x 3.48 m
Bedroom
Basement
3.2 m x 4.84 m
Bedroom
Basement
2.99 m x 3.67 m
Kitchen
Main level
3.35 m x 4.05 m
Bedroom
Main level
3.13 m x 3.91 m
Bedroom
Main level
2.57 m x 3.72 m
Bedroom
Main level
3.8 m x 3.91 m
Parking Spaces
Name
Spaces
No Garage
Land
Total Size
41 x 72 FT
Sewer
Sanitary sewer
Size of Irregular Land
41 x 72 FT
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