Excellent and RARE multi unit investment opportunity for the savvy investor searching for cash flow or the smart buyer wanting to live in one unit and rent out the other 2 to offset the mortgage. This well-maintained, purpose built triplex is located in the highly desirable Westboro neighbourhood- just 7km southwest of downtown Ottawa. Offering 3 self contained units: TWO upper units with identical layouts, each feature 3 bedrooms, 1 bathroom, eat in kitchen, open-concept living/dining areas, with birch hardwood flooring(under carpet in unit 3); ONE lower partial above grade unit features 2 bedrooms, 1 bathroom, eat in kitchen, open concept living/dining room, gas fireplace and hardwood floors. Why assume legacy tenants at below market rates? This multi unit offers VACANT possession allowing the buyer to select their own tenants and set their own rents! Some of the features of the building include: separate hydro meters, hot water tanks, plenty of parking, each unit also has a separate enclosed side entrance leading to common coin operated laundry and to the outdoors; large fenced backyard with landscaping and patio, furnace (2022), PVC fence (2023), roof (2017). Near trendy shops, cafés, and restaurants and close to best rated schools--Broadview, Churchill, Hillel, and Nepean. Excellent public transit and quick access to major roads make commuting virtually effortless. The amenities and lifestyle that this unbeatable location offers make this triplex very appealing to potential tenants. Don't miss this one, book a showing today. Some photos virtually staged. Preapproval letter required with all offers. (id:2493)
Data was last updated April 2, 2025 at 03:45 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$2,062,500
Min list price:
$949,998
Max list price:
$2,650,000
Avg days on market:
54
Min days on market:
2
Max days on market:
176
Avg price per sq.ft.:
$445.2
These statistics are generated based on the current listing's property type
and located in
5003 - Westboro/Hampton Park. Average values are
derived using median calculations.
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