341 Cambridge Street North

Ottawa, ONMulti-family
$1,139,000
MLS® X13440700
Multi-family3 beds3 baths2 total
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About This Property

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:63604)

Key Facts

Type
Multi-family
Beds
3
Baths
3
Size
1,500 sqft
Lot
26.5 x 149 FT
Parking
2 total

Highlights

  • Washer
  • Refrigerator
  • Stove
  • Dryer
Property Details 16 details
Bedrooms
3 bedrooms
3 above grade
Bathrooms
3 bathrooms
Parking
2 parking spaces
No Garage
Living area
1,500 - 2,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Triplex
Attached status
Attached
Storeys
3
Basement
Finished, Full
Heating
Radiant heat, Natural gas
Cooling
Wall unit
Fireplace
No
Lot dimensions
26.5 x 149 FT
Frontage
26.60 feet
Taxes
$7,341.00
Zoning
Unassigned, R4T
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorStoveDryer

Exterior features

WoodVinyl sidingPoured Concrete
Mortgage & Affordability Estimate monthly costs
Purchase price$1,139,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
4205 - West Centre Town
City
Ottawa
Postal code
K1R 7B3
Nearby
Cross Streets: Bronson & Arlington. ** Directions: East.