Exceptional Triplex in the Heart of Sandy Hill! A rare opportunity to own a fully leased, income-generating property in one of Ottawa's most desirable downtown neighbourhoods. This 3-storey triplex offers modern comfort, strong rental returns, and unbeatable location-perfect for investors or owner-occupiers alike. Each unit is self-contained with its own kitchen, full bathroom(s), and in-unit laundry, ensuring convenience and privacy for all tenants. Unit 1 (Main + Lower): 5-bedroom layout (3 on main, 2 below) with 2 full baths, shared kitchen and laundry, currently rented for $4,150/month. Unit 2 (Second Floor): Bright 2-bedroom + den apartment with full kitchen and laundry, ideal for professionals or students, rented for $1,800/month. Unit 3 (Third Floor): Spacious 2-bedroom unit featuring its own laundry and kitchen, bringing in $1,850/month including parking. Recent updates include a new A/C unit and owned hot water tank (2023). Three on-site parking spaces add further appeal. The property generates an impressive annual gross income of $93,600, with net income of $74,530 (after expenses) - a truly turn-key investment. Landlord pays for the utilities. Most units are available fully furnished, offering flexible options for short-term or long-term rentals. With steady leases signed within the past year and its proximity to Ottawa U, downtown amenities, and the Rideau Canal, this triplex combines strong cash flow with long-term growth potential. A solid investment in a prime downtown location. Don't miss it! (id:53622)
| MLS® Number | X12486659 |
| Property Type | Multi-family |
| Neigbourhood | Sandy Hill |
| Community Name | 4004 - Sandy Hill |
| Parking Space Total | 3 |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Appliances | Water Heater, Dishwasher, Dryer, Hood Fan, Microwave, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Features | Apartment In Basement |
| Basement Type | Full, N/a (finished), N/a |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 72 Ft |
| Size Frontage | 41 Ft |
| Size Irregular | 41 X 72 Ft |
| Size Total Text | 41 X 72 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 3.49 m | 3.91 m | 3.49 m x 3.91 m |
| Second Level | Bedroom | 2.24 m | 3.52 m | 2.24 m x 3.52 m |
| Second Level | Bedroom | 3.8 m | 3.59 m | 3.8 m x 3.59 m |
| Third Level | Bedroom | 4.11 m | 3.87 m | 4.11 m x 3.87 m |
| Third Level | Bedroom | 5.1 m | 3.8 m | 5.1 m x 3.8 m |
| Third Level | Kitchen | 3.32 m | 3.48 m | 3.32 m x 3.48 m |
| Basement | Bedroom | 3.2 m | 4.84 m | 3.2 m x 4.84 m |
| Basement | Bedroom | 2.99 m | 3.67 m | 2.99 m x 3.67 m |
| Main Level | Kitchen | 3.35 m | 4.05 m | 3.35 m x 4.05 m |
| Main Level | Bedroom | 3.13 m | 3.91 m | 3.13 m x 3.91 m |
| Main Level | Bedroom | 2.57 m | 3.72 m | 2.57 m x 3.72 m |
| Main Level | Bedroom | 3.8 m | 3.91 m | 3.8 m x 3.91 m |
https://www.realtor.ca/real-estate/29041670/279-somerset-street-e-ottawa-4004-sandy-hill
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
Powered by
