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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$1,050,000
Available - For Sale
Listing ID: X13061458
Rare turnkey triplex in the heart of Ottawa's rapidly appreciating Vanier/Beechwood Village corridor. This meticulously maintained income property offers three fully tenanted units sharing a consistent layout across all floors, zero vacancy history, and exceptional long-term upside in one of the city's most sought-after emerging neighbourhoods - steps from vibrant Beechwood Avenue, Rockcliffe Park, and the Ottawa River pathways. With over $290,000 in confirmed capital investment since 2010, this is a property where the heavy lifting has already been done. Major improvements include a brand new high-efficiency boiler (2025), 90% of main cast iron pipes replaced with PVC (2026), full foundation waterproofing with sump pump and French drain system, roof in excellent condition (inspected and reflashed 2024), complete building refacing with Permacon and CanExcel cladding, new concrete front stairs, a fully redone interlock backyard and parking area, and a shed with individual storage lockers, dedicated electrical panel and new roofing. A lifetime pest control contract and updated appliances in all three units round out a truly turnkey asset. All units are occupied by excellent long-term tenants with zero tribunal history. Current gross annual income of $57,140 with significant upside as all three units are below market rent - stabilized market rents project to $72,300 annually. The property is zoned N4B[1322] H(11), permitting low-rise multi-unit development up to three storeys, offering compelling future redevelopment optionality in a neighbourhood where land values are rising. A patient investor acquires strong cash flow today and meaningful appreciation potential tomorrow.
Price $1,050,000
Taxes: $5,767
Assessment Year: 2025
Occupancy by: Tenant
Address: 95 Barrette Street , Vanier and Kingsview Park, K1L 8A2, Ottawa
Directions/Cross Streets: Beechwood Ave and St Charles
Rooms: 12
Rooms +: 6
Bedrooms: 4
Bedrooms +: 2
Washrooms: 3
Family Room: F
Basement: None
No. of Pieces Level
Washroom 1:  4
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Triplex
Style: 3-Storey
Exterior: Vinyl Siding
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 3
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Other Structures: Fence - Partia
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Hydro: Y
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COLDWELL BANKER FIRST OTTAWA REALTY

95 Barrette Street , Vanier and Kingsview Park, K1L 8A2, Ottawa

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Maria Tompson
Sales Representative
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416-548-7854
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Fax:
416-981-7184

 
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Type: Freehold - Triplex
Area: Ottawa
Municipality: Vanier and Kingsview Park
Neighbourhood: 3402 - Vanier
Style: 3-Storey
Lot Size: x 99.00(Feet)
Approximate Age: 51-99
Tax: $5,767
Maintenance Fee: $0
Beds: 4+2
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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