Prime Glebe/Little Italy 5.5 CAP: Triplex 446 Cambridge Street South, Ottawa. Discover exceptional income potential in one of Ottawas most walkable and vibrant neighbourhoods. Perfectly situated between the Glebe and Little Italy, this property is steps from 24/7 conveniences such as McDonalds, Tim Hortons, grocery and convenience stores, and direct bus service to Carleton University and University of Ottawa. The O-Train, boutique shops, diverse restaurants, and the natural beauty of Dows Lake and Commissioners Park are all within a short stroll. This quiet, well-maintained triplex features: Two one-bedroom apartments and one two-bedroom apartment, each with in-unit laundry and fully occupied. Recent upgrades that enhance value and reduce maintenance:Tankless on-demand hot water system (2025),New roof (2023), Fresh asphalt paving (2025), Updated kitchens, bathrooms, and flooring (2022), Furnace and AC 2019. The thoughtfully designed layout appeals to young professionals, students, and urban dwellers, ensuring strong rental demand year after year. Nearby highlights include Dows Lake Pavilion, Lansdowne Park, and Preston Streets dining district, plus quick access to Carleton University, University of Ottawa, and Algonquin College.Whether you're looking to expand your investment portfolio or live in one unit while earning income from the others, this Triplex delivers long-term stability, modern efficiencies, and a location that remains one of Ottawas most desirable. ***Some photos are digitally Staged***Financials available upon request. Driveway parking for 2 small cars. (id:66096)
Property Details
MLS®
X12402102
Property Type
Multi-family
Bedrooms
4
Beds (above / below)
4 above · 0 below
Bathrooms
3
Parking
2
Lot Size
23 × 64 ft (1,491 sq ft)
Frontage
23 ft
Storeys
2
Basement
Apartment in basement, N/A
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Garage
No Garage, Street
Property Tax
$5,585/yr
Listed
417 days ago
Features
Appliances
Water Heater - Tankless
Foundation
Stone
Exterior
Brick
Services
Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity, Cable
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
417d
Ottawa listings, avg age
62d
List price
$740K
Long Listed: 417 days on market, against an average age of 62 days across the listings currently for sale in this city
Market timing · days on market0 → 62d avg age of current listings
Long Listed · day 417
Haho
This 4-bed multi-family in Ottawa is available now. Want me to connect you with the agent or keep you posted on any price updates?
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