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$1,219,000
Available - For Sale
Listing ID: X12486659
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!
Price $1,219,000
Taxes: $9,755
Assessment Year: 2025
Occupancy by: Tenant
Address: 279 Somerset Street East , Lower Town - Sandy Hill, K1N 6V7, Ottawa
Directions/Cross Streets: Somerset St E & Sweetland Ave
Rooms: 7
Bedrooms: 7
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Full
Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 10.99 13.28
Room 2: Main Bedroom 10.27 12.82
Room 3: Main Bedroom 8.43 12.20
Room 4: Main Bedroom 12.46 12.82
Room 5: Basement Bedroom 10.50 15.88
Room 6: Basement Bedroom 9.81 12.04
Room 7: Second Kitchen 11.45 12.82
Room 8: Second Bedroom 7.35 11.55
Room 9: Second Bedroom 12.46 11.78
Room 10: Third Kitchen 10.89 11.41
Room 11: Third Bedroom 13.48 12.69
Room 12: Third Bedroom 16.73 12.46
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  3 Second
Washroom 3:  3 Third
Washroom 4:  3 Basement
Washroom 5:  0
Washroom 6:  3 Main
Washroom 7:  3 Second
Washroom 8:  3 Third
Washroom 9:  3 Basement
Washroom 10:  0
Washroom 11:  3 Main
Washroom 12:  3 Second
Washroom 13:  3 Third
Washroom 14:  3 Basement
Washroom 15:  0
Washroom 16:  3 Main
Washroom 17:  3 Second
Washroom 18:  3 Third
Washroom 19:  3 Basement
Washroom 20:  0
Washroom 21:  3 Main
Washroom 22:  3 Second
Washroom 23:  3 Third
Washroom 24:  3 Basement
Washroom 25:  0
Property Type: Triplex
Style: 3-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 3
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Approximatly Square Footage: 2500-3000
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: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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ROYAL LEPAGE INTEGRITY REALTY

279 Somerset Street East , Lower Town - Sandy Hill, K1N 6V7, Ottawa

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MD Ashraful Bari
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Triplex
Area: Ottawa
Municipality: Lower Town - Sandy Hill
Neighbourhood: 4004 - Sandy Hill
Style: 3-Storey
Lot Size: x 72.00(Feet)
Approximate Age:
Tax: $9,755
Maintenance Fee: $0
Beds: 7
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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