Exceptional investment opportunity in the heart of Beechwood Village. This well-maintained triplex offers the rare combination of strong rental income, an enviable location, and exceptional flexibility for both investors and owner-occupiers.The property features three thoughtfully laid-out two-bedroom, one-bathroom residential units, currently generating $5,363 per month in rental income, or approximately $64,356 annually. The upper unit rents for $1,580/month, the main-level unit for $1,925/month, and the lower unit for $1,858/month. The main-level residence has been beautifully updated with new flooring, stainless steel appliances, and a renovated bathroom, adding to its appeal and rental potential.Three outdoor parking spaces are included, and the property generates an additional approximately $1,200 annually through pay-per-use laundry. Tenants are responsible for their own hydro.An exceptional opportunity to add a quality multi-residential property to your portfolio, or live comfortably in one unit while generating rental income from the other two. With three separate units and multiple income streams, this property offers both immediate revenue and long-term potential.Located in the sought-after Beechwood Village community, residents enjoy convenient access to downtown Ottawa, public transit, shops, restaurants, schools, parks, and hospitals. A compelling opportunity to acquire a versatile income-producing property in one of Ottawa's established and highly desirable neighbourhoods. Some photos are virtually staged. (id:28469)
Facts & features
Property
MLS® Number
X13758962
Property Type
Multi-family
Community Name
3402 - Vanier
Parking Space Total
3
Building
Bathroom Total
3
Bedrooms Above Ground
6
Bedrooms Total
6
Appliances
Dryer, Stove, Washer, Refrigerator
Basement Type
Full
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Poured Concrete
Heating Fuel
Natural Gas
Heating Type
Radiant Heat
Stories Total
3
Size Interior
1,500 - 2,000 Sqft
Type
Triplex
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
100 Ft
Size Frontage
40 Ft
Size Irregular
40 X 100 Ft
Size Total Text
40 X 100 Ft
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$3,981/mo
Ontario land transfer tax
$14,455 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.