Turn-key triplex investment opportunity located in Ottawa's central east end in the established community of Castle Heights! This well-maintained property has been owned by the same owner since 1989 & offers stable long-term tenants, reliable income, 4 parking spaces & separate hydro meters for each apartment + common areas. All tenancies are month-to-month, providing excellent flexibility for investors looking to expand their portfolio or potentially owner/family occupy. Add'l income is generated through the coined washer & dryer located in the shared laundry room. Apt. 1 is a LL 1 bed, 1 bath unit feat. laminate flooring, an updated kitchen w/ eating area, renovated full bath & large windows for natural light. Apt 2 offers a spacious 2 bed, 1 bath layout w/ hardwood flooring in the living rm & primary bed, laminate flooring in the secondary bed & a bright eat-in kitchen. Apt 3 feat. 2 beds, 1 bath, hardwood flooring t/o the principal rooms & 2 dedicated parking spaces. Shared common areas incl. front & rear staircases, laundry rm, utility rm & under stair storage . Extensive updates completed t/o ownership incl. roof replacement in 2015, boiler installed in 2010, painted front & rear staircases in 2025, + significant basement improvements in 2009 incl. new drain lines, backup valve installation, insulation, concrete flooring, updated flooring t/o, renovated basement kitchen & bathroom & windows replaced over the years as well. The exterior offers a stucco finish, interlocked side & rear walkway/patio, shared backyard space, storage shed & garbage area. NOI of $26,372.11 w/ loads of upswing in quiet residential Castle Heights community! Conveniently Walk to transit on McArthur Ave/Donald. Mins to St. Laurent Blvd., Montréal Rd. & downtown. Nearby amenities incl. St. Laurent Shopping Centre, Trainyards, Costco, parks, rec centres & many restaurants. A great opportunity to own a centrally located income property with long-term upside in a growing area of Ottawa! (id:37351)
| MLS® Number | X13213406 |
| Property Type | Multi-family |
| Community Name | 3404 - Vanier |
| AmenitiesNearBy | Place Of Worship, Public Transit, Schools |
| CommunityFeatures | Community Centre |
| EquipmentType | Water Heater - Gas, Water Heater |
| Features | Carpet Free |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater - Gas, Water Heater |
| Structure | Patio(s), Shed |
| BathroomTotal | 3 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| Amenities | Separate Electricity Meters |
| Appliances | Storage Shed, Window Coverings |
| BasementDevelopment | Finished |
| BasementFeatures | Separate Entrance, Apartment In Basement, Walk Out |
| BasementType | N/a, N/a, Full, N/a (finished) |
| CoolingType | None |
| ExteriorFinish | Stucco, Concrete |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Other, Radiant Heat |
| StoriesTotal | 3 |
| SizeInterior | 1,500 - 2,000 Ft2 |
| Type | Triplex |
| UtilityWater | Municipal Water |
| No Garage |
| Acreage | No |
| FenceType | Fenced Yard |
| LandAmenities | Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 72 Ft ,6 In |
| SizeFrontage | 40 Ft |
| SizeIrregular | 40 X 72.5 Ft |
| SizeTotalText | 40 X 72.5 Ft |
| ZoningDescription | R4e |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 2.11 m | 1.36 m | 2.11 m x 1.36 m |
| Second Level | Living Room | 3.07 m | 4.73 m | 3.07 m x 4.73 m |
| Second Level | Kitchen | 3.07 m | 4.36 m | 3.07 m x 4.36 m |
| Second Level | Bedroom | 3.2 m | 3.57 m | 3.2 m x 3.57 m |
| Second Level | Bedroom | 3.2 m | 3.32 m | 3.2 m x 3.32 m |
| Third Level | Living Room | 3.18 m | 4.73 m | 3.18 m x 4.73 m |
| Third Level | Kitchen | 3.08 m | 4.36 m | 3.08 m x 4.36 m |
| Third Level | Bedroom | 3.19 m | 3.56 m | 3.19 m x 3.56 m |
| Third Level | Bedroom | 3.19 m | 2.71 m | 3.19 m x 2.71 m |
| Third Level | Bathroom | 2.11 m | 1.36 m | 2.11 m x 1.36 m |
| Lower Level | Bedroom | 3.2 m | 3.38 m | 3.2 m x 3.38 m |
| Lower Level | Kitchen | 3.07 m | 4.53 m | 3.07 m x 4.53 m |
| Lower Level | Bathroom | 2.26 m | 1.54 m | 2.26 m x 1.54 m |
| Lower Level | Laundry Room | 3.2 m | 1.99 m | 3.2 m x 1.99 m |
| Lower Level | Utility Room | 3.2 m | 1.99 m | 3.2 m x 1.99 m |
https://www.realtor.ca/real-estate/29823738/397-brant-street-ottawa-3404-vanier
Contact us for more information
Nick J. Kyte
Salesperson
(613) 728-2664
(613) 728-0548
Gianluca Pallotta
Salesperson
(613) 728-2664
(613) 728-0548