Turn-key legal triplex built in 2014, exceptionally well maintained and ideally located in the heart of Vanier. Offering the perfect combination of modern construction, strong tenants, excellent functionality, and future upside, this property is an ideal opportunity for investors looking for a low-m...aintenance income-producing asset. Each of the three self contained units features its own hydro meter, furnace, central air conditioning, and in-unit laundry, and water heater(all 3 water heaters replaced in 2025) while the property also offers three surfaced parking spaces. The current tenants are excellent and pay all utilities, with the landlord responsible only for water-helping keep operating costs low and cash flow strong. Current monthly rents are $2,050 , $2,150, and $1,990, providing a solid income base with additional potential for future rental growth. The property has been exceptionally well maintained and features durable ceramic and laminate flooring throughout, making it a true turnkey investment with little to do beyond managing the tenancy. Located just minutes from downtown Ottawa, with convenient access to transit, major roadways, shopping, restaurants, parks, and a growing selection of local amenities, Vanier continues to attract residents and investment. Just a one-minute walk from the newly announced Vanier Recreation Centre and community hub planned for 250 Montréal Road, adding an exciting new amenity right at the property's doorstep. The property's modern build, separate utilities, individual laundry facilities, parking, and strong tenant profile make this a particularly attractive package in today's market. Washer and Dryer in unit 2 were replaced in 2025. Annual Operating Income: $74,291.36. Annual Operating Expenses: $15,534.47. Net Operating Income (NOI): $58,756.93. Cap Rate: 4.92%. 24-hour irrevocable on all offers. Some images have been virtually staged.
Full Property Details
Interior
Bedrooms
6
Total Bedrooms
6
Washrooms
3
Square Footage
1500-2000 sqft
Basement
Finished
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air
Family Room
No
Kitchens
3
Total Kitchens
3
Fireplace Features
No
Bedrooms
6
Total Bedrooms
6
Washrooms
3
Square Footage
1500-2000 sqft
Basement
Finished
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air
Family Room
No
Kitchens
3
Total Kitchens
3
Fireplace Features
No
Exterior
Depth
88.39
Front
31.0
Lot Size
31 x 88.39 ft
Pool
None
Parking Spaces
3
Total Parking Spaces
3.00
Parking Description
None
Garage Spaces
0
Depth
88.39
Front
31.0
Lot Size
31 x 88.39 ft
Pool
None
Parking Spaces
3
Total Parking Spaces
3.00
Parking Description
None
Garage Spaces
0
Building Description
Style
2-Storey
Home Type
Apartment
Subtype
Triplex
Property Orientation
South
Exterior Finish
Other,Vinyl Siding
Sewers
Sewer
Water Supply
Municipal
Possession Date
11/1/2026
Style
2-Storey
Home Type
Apartment
Subtype
Triplex
Property Orientation
South
Exterior Finish
Other,Vinyl Siding
Sewers
Sewer
Water Supply
Municipal
Possession Date
11/1/2026
Community
Community
Vanier
Community
Vanier
Taxes & Fees
Taxes
$7,297 /yr
Tax Year
2026
Occupancy
Tenant
Taxes
$7,297 /yr
Tax Year
2026
Occupancy
Tenant
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