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West Centre Town · K1R 7C4
$674,900
MLS® #X13508542
All photos · 52
4
Bedrooms
3
Bathrooms
1100-1500
Square Feet
About this property
INVESTMENT OPPORTUNITY for under $675,000! Three Storey semi detached TRIPLEX in the heart of Chinatown. Zoned R4H and Ideally located with a school directly across the street and just minutes to Downtown, Little Italy, public transit, shopping, restaurants, parks, and all amenities. This centrally located income property offers an excellent opportunity for investors looking to expand their portfolio or those seeking a property with strong rental potential. Situated on an 18.18' x 71.19' lot, the property includes one front parking space and a spacious backyard for tenants to enjoy. Offering an attractive CAP RATE of 6.6% and Gross Annual rental income of $51,924 this is a turnkey investment with immediate cash flow. Rented on an All Inclusive basis. Unit 1: currently Vacant and a great option for an Owner Occupied unit, it's a two bedroom, one bathroom unit on the main floor with access to the finished basement, providing additional living space and a dedicated laundry area. The kitchen and several interior finishes were updated in 2022, along with newer floors in 2026. Unit 2: One bedroom, one bathroom apartment on the second floor with its own washing machine. Unit 3 is a one bedroom, one bathroom unit that provides additional rental income. The property is heated by natural gas forced air and serviced by one hydro meter. All appliances are included! Located in one of Ottawa's most desirable rental areas with consistent tenant demand, this property offers excellent long term investment potential and the opportunity to generate reliable income from day one. A fantastic opportunity to own an affordable multi unit property in a prime central location. Book your private showing today! 24 hour irrevocable required on all offers.
General information
Building and mechanicals
Basement
Parking and garage
Lot and land
Interior features
Features
Pool
Taxes
Mortgage estimate
Estimated monthly payment
$2,850
Down payment: $134,980 · Loan: $539,920
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
Listing record
Listing courtesy of: RE/MAX HALLMARK REALTY GROUP. Originating board: the A00001796.
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Aug 11, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.