$ 799,000
-
$799,000
Price -
5
Bed -
3
Bath -
2,000
SqFt
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About the Listing 504301 -
Excellent opportunity to own a well-maintained all-brick triplex offering strong cash flow and long-term investment potential. This solid multi-family property features three self-contained units consisting of two 2-bedroom apartments and one 1-bedroom apartment, for a total of 5 bedrooms. All tenants are currently on month-to-month leases, providing flexibility for investors looking to optimize rents or owner-occupants seeking future occupancy options.The property currently generates $4,500/month ($54,000 annually) in gross rental income. Unit 1 rents for $1,500/month, Unit 2 for $1,300/month (long-term tenant of approximately 10 years), and Unit 3 for $1,700/month. Tenants are responsible for their own hydro, while the building is heated by a central boiler system. Additional utility features include four separate gas meters and three individual hot water tanks, one servicing each unit.Several major capital improvements have already been completed, including foundation underpinning (2012), new roof drain and re-routing of the drain pipe (2019), and renovations to the front common area with new carpet, drywall and insulation (2019). Bathrooms in Units 1 and 2 have also been tastefully renovated.Additional features include shared laundry, 4 rear parking spaces, and 4 private storage lockers, adding convenience and value for tenants.Whether you're an experienced investor or looking to add a quality income property to your portfolio, 734 De L'Église Street offers reliable income, solid building systems, and future upside in a well-established Ottawa neighbourhood.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Multi-Family
MLS ®
X13544702
Year Built
Total Square Footage
2,000
Lot/Acreage
0.1
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Carpet Free,3 Kitchens
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Flat
- Others:
- Sewer: Sewer
- Parking Features: No Garage
Financial Details
- Tax Amount: $6,165
- Taxes w/Assessments: N/A
- Tax/Property ID: 042410081
- Tax Year: 2026
Payment Calculator
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Questions About..
734 De L'eglise St Vanier and Kingsview Park, ON K1K 3K6
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