Address
341 Cambridge Street N, Ottawa, ON
Price
$ 1,139,000
Property Attributes
- ID#X13440700
- TypeMulti-Family
- Listing Status Active
- MunicipalityOttawa
- CityOttawa
- Area4205 - West Centre Town
- Neighbourhood4205 - West Centre Town
- Postal CodeK1R 7B3
- Style
- Price$ 1,139,000
- Bedrooms3
- Bathrooms3
- Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Modern turnkey legal triplex in the heart of West Centre Town offering a rare combination of quality construction, stable income, and long-term investment potential. Fully occupied with reliable tenants, this well-maintained property features three self-contained one-bedroom loft-style residences generating approximately $65,252 in annual gross income. Each unit offers soaring 11-foot ceilings, oversized windows providing exceptional natural light, modern vinyl flooring, stylish kitchens with quartz countertops, and convenient in-suite laundry. All units include a refrigerator, stove, washer, and dryer. Situated on a deep 24.9 ft x 149 ft lot, the property also benefits from two dedicated parking spaces, separate utility meters, and a low-maintenance operating profile. Tenants pay their own utilities, with the landlord responsible only for water. Located just minutes from Downtown Ottawa with convenient access to major highways, transit, shopping, restaurants, and employment centres, this is an ideal opportunity for investors seeking a turnkey income-producing asset in a strong rental market. Potential may exist for an additional dwelling unit, subject to buyer due diligence and City approvals. Unit B offers flexible occupancy, with the tenant willing to remain or provide vacant possession, making this an ideal opportunity for both investors and owner-occupants seeking supplemental rental income. (id:7434)
General Features
| Property Type | Multi-family |
|---|---|
| Zoning Description | Unassigned, R4T |
| CommunityName | 4205 - West Centre Town |
| Building Appliances | Dryer, Stove, Washer, Refrigerator |
| Building Cooling Type | Wall unit |
| Location Description | Cross Streets: Bronson & Arlington. ** Directions: East. |
| Parking Space Total | 2 |
| Foundation Type | Poured Concrete |
| Building Type | Triplex |
| Building.StoriesTotal | 3 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Radiant heat |
| Building Heating Fuel | Natural gas |
| Basement Development | Finished |
| Basement Type | Full (Finished) |
| Living Area Range | 1500 |
| Bedrooms | 3 |
Exterior Features
| Sewer | Sanitary sewer |
|---|---|
| Exterior Finish | Vinyl siding, Wood |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in K1R 7B3
Price
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