375 St. Denis Street Ottawa, Ontario K1L 5H8

$899,900

Investors, take note! This purpose-built triplex presents an exceptional opportunity with a favorable 4.7% cap rate and potential for future growth. The property features three spacious units, including a renovated 3-bedroom and 2-bedroom unit on the main and upper floor, both with large windows, natural light, hardwood floors, and modern kitchens equipped with dishwashers. The lower 2-bedroom unit boasts high ceilings and oversized windows, creating a bright, inviting atmosphere. The top floor unit has private laundry, while the main and lower units share a convenient laundry area. Additional highlights include a large deck on the top floor, a tranquil yard with no rear neighbors, and separate utilities which tenants are responsible for. The lower and main units are month-to-month, while the upper unit is on a one-year lease. With generous living spaces, natural light, and a well-maintained property, this triplex offers an ideal investment opportunity with the potential for owner-occupancy or future upside. (id:19720)

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https://www.realtor.ca/real-estate/27918189/375-st-denis-street-ottawa-3402-vanier