341 Cambridge Street N, West Centre Town, ON K1R 7B3

$1,139,000
3
BD
3
BA
1,500
SqFt

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List Price
$1,139,000
MLS#
X13440700
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
3-Storey
Bedrooms
3
Bathrooms
3
Living Area
1500-2000
Province
ON
Municipality
West Centre Town
Area
Ottawa
Neighborhood
4205 - West Centre Town
Subdivision
Bronson & Arlington

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.

Additional Information

Taxes
$7,341
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Wall Unit(s)
Kitchens
3
Exterior
Vinyl Siding, Wood
Waterfront Type
None
Garage Type
None
Pool
None
Parking Spaces
2

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Listing courtesy of FIRST CLASS REALTY INC..