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341 CAMBRIDGE STREET N, Ottawa — listed at $1,139,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Modern turnkey legal triplex in the heart of West Centre Town offering a rare combination of quality construction, stable income, and long-term investment potential. Fully occupied with reliable tenants, this well-maintained property features three self-contained one-bedroom loft-style residences generating approximately $65,252 in annual gross income. Each unit offers soaring 11-foot ceilings, oversized windows providing exceptional natural light, modern vinyl flooring, stylish kitchens with quartz countertops, and convenient in-suite laundry. All units include a refrigerator, stove, washer, and dryer. Situated on a deep 24.9 ft x 149 ft lot, the property also benefits from two dedicated parking spaces, separate utility meters, and a low-maintenance operating profile. Tenants pay their own utilities, with the landlord responsible only for water. Located just minutes from Downtown Ottawa with convenient access to major highways, transit, shopping, restaurants, and employment centres, this is an ideal opportunity for investors seeking a turnkey income-producing asset in a strong rental market. Potential may exist for an additional dwelling unit, subject to buyer due diligence and City approvals. Unit B offers flexible occupancy, with the tenant willing to remain or provide vacant possession, making this an ideal opportunity for both investors and owner-occupants seeking supplemental rental income. (id:60164)
Is there air conditioning?+
Yes — wall unit cooling is in place.
Does it have a basement, and is it finished?+
Yes — Finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
What's the parking situation?+
This property includes 2 spaces — No Garage.
How is the home heated? Is it efficient?+
Heating is radiant heat, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is 341 CAMBRIDGE STREET N a good fit for a growing family?+
With 3 bedrooms and 3 bathrooms, there's room for kids plus a guest room or home office. The 3-storey layout keeps living and sleeping areas separated.
How is the space laid out across floors?+
This is a 3-storey multi-family. The 3 bedrooms and 3 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
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