5 beds3 baths1 parking1,750 ft²35 × 100 ft (3,500 sq ft) lot sizeListed 48 days ago
Overview
This multi-family property in Ottawa is for sale offering roughly 1,750 sq ft of space. It has been on the market 48 days, fresher than the Ottawa average of 62 days.
Exceptional Investment Opportunity - Turnkey Triplex + Studio in Prestigious New Edinburgh/Lindenlea. Strong income-producing asset with a 5.68% cap rate, gross income of $87,000, and NOI of $69,546, supporting approximately $1,250,000 in financing at current rates - a true money maker. Unit 1 - Leased ($1,850/month + hydro), Unit 2 -(vacant) Great for owner live-in (market rent $2,300/month), Unit 3 - Leased ($2,550/month + hydro), + Studio/workshop - Leased ($550/month incl. Hydro). Ideally located steps to Global Affairs, Beechwood Village, and scenic pathways along the Ottawa and Rideau Rivers. Walking distance to the ByWard Market and the Governor General's Residence & Global Affairs. This meticulously maintained all-brick (purpose-built) triplex plus a separate studio/workshop and a garage for storage is a turnkey investment. Apt #1 - features a renovated 1-bedroom unit with hardwood floors and a modern (2025) bathroom, Apt. # 2 main floor offers a bright 2-bedroom unit with refinished hardwood floors, renovated bath, large eat-in kitchen, and oversized deck with garden access, Apt. #3 - the second floor includes a 2-bedroom + den + solarium with hardwood throughout, updated kitchen and bathroom, and private laundry. The insulated studio/workshop with its own electrical panel is ideal for a music studio/ gym/ office. Additional features include an enclosed rear staircase, shared laundry (Units 1 & 2), gas-fired hot water heating, owned hot water tanks. Extensive upgrades include- Rebuilt rear stairs and Deck and Garage Renovation (2019), Professional painted throughout (2024) Foundation waterproofing (2015), Workshop/Garage Roof Replacement (2019), Main roof is(2014)and is modified bitumen ,Unit 1 Fully Renovated Bathroom (2025), Unit #2 Renovated Bathroom (2026), Upgraded- appliances, dishwashers, faucets. SEE LAST PHOTO (#50)FOR FULL FINANCIAL PROFILE OF PROPERTY. (id:66096)
Property Details
MLS®
X13797412
Property Type
Multi-family
Zoning
R3P
Bedrooms
5
Beds (above / below)
5 above · 0 below
Bathrooms
3
Parking
1
Interior Size
1,750 ft²
Lot Size
35 × 100 ft (3,500 sq ft)
Frontage
35 ft
Storeys
2
Basement
Finished, Full
Heating
Radiant heat, Natural gas
Cooling
Window air conditioner
Garage
Detached Garage, Garage
Property Tax
$9,680.58/yr
Listed
48 days ago
Rooms
Main level
Living room
3.71 x 4.77 meters
Kitchen
3.96 x 3.45 meters
Workshop
4.5 x 5.09 meters
Bedroom
3.47 x 3.44 meters
Bedroom
3.46 x 3.44 meters
Bathroom
1.5 x 2.24 meters
Second level
Den
1.83 x 2.3 meters
Solarium
4.78 x 2.31 meters
Living room
3.71 x 4.81 meters
Kitchen
3.95 x 3.47 meters
Features
Appliances
Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Window Air Conditioner, Hood Fan, Blinds, Garage door opener remote(s), Water Heater
Foundation
Concrete
Exterior
Brick
Lot Features
Wooded area, Flat site, Paved yard, Carpet Free
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
48d
Ottawa listings, avg age
62d
Price / ft²
$700
List price
$1.23M
Long Listed: 48 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 48
Haho
This 5-bed multi-family in Ottawa has been listed for 48 days, which is 14 days fresher than the city average of 62. Act while there is still low competition.
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Bedroom
3.44 x 3.48 meters
Primary Bedroom
3.47 x 3.48 meters
Bathroom
1.5 x 2.24 meters
Lower level
Living room
3.56 x 4.65 meters
Kitchen
3.91 x 3.35 meters
Bedroom
3.92 x 3.33 meters
Bathroom
1.51 x 2.16 meters
Utility room
2.64 x 3.36 meters
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
