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!
Under Contract:
Hot Water Tank-Gas
Property Type:
Residential Freehold
Property Sub Type:
Triplex
Home Style:
3-Storey
Total Approx Floor Area:
1500-2000
Lot Depth:
72'6"22.1 m
Lot Frontage:
40'12.2 m
Direction Faces:
East
Bedrooms:
5
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Bedrooms Above Grade:
5
Kitchens Above Grade:
3
Rooms Above Grade:
20
Zoning:
R4E
Heating type:
Other
Heating Fuel:
Gas
Foundation:
Concrete Block
Roof:
Flat
Basement:
Separate Entrance, Apartment, Full, Finished with Walk-Out
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Shed
Parking Features:
Available, Front Yard Parking, Private
Parking Spaces:
4
Total Parking Spaces:
4.0
Family Room:
No
Possession Details:
Immediate
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$5,402.64 /
2026
Assessment:
$- /
-
Ottawa
Vanier and Kingsview Park
3404 - Vanier
Fenced Yard, Library, Place Of Worship, Rec./Commun.Centre, Public Transit, School
Carpet Free, Separate Hydro Meter
Patio, Privacy
2 HWT- $89.16/month total (Enercare)
All light fixtures and window coverings, outdoor garbage & storage shed, Coin operated laundry machines.
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