Description

Exceptional investment opportunity just minutes from Beechwood Village! This centrally located legal triplex with two in-law suites offers incredible versatility for multigenerational living or strong rental income. Each of the five units includes a fridge, stove, washer, dryer, and individual heat pump systems for year-round heating and cooling. The in-law suites and lower-level apartments feature in-floor heating and large windows, providing warmth, comfort, and natural light. Upper units enjoy private decks, perfect for relaxing or entertaining. The building is equipped with on-demand hot water heating a highly efficient system that keeps utility costs manageable. The roof was replaced within the past 8 years, and the entire property has been recently renovated, making it a true turnkey investment. Outside, the spacious backyard with a deck provides shared outdoor space, and parking for 6 vehicles is available on both sides of the property. Located near Richelieu Park, with quick access to NCC bike paths, the Rideau River, and just a short drive to downtown Ottawa, the ByWard Market, and Highway 417, this location combines urban access with rental appeal. Annual property taxes are $4,066.72, utilities for 2024 total $10,708, and insurance (including rental income protection) is $4,407, with the potential for lower rates if owner-occupied. With a gross income of $91,962/year ($7663/month), this is an outstanding opportunity to own a centrally located, income-producing property with long-term value and flexible use options.

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