1312 AVENUE R AVENUE, Ottawa
Attention investors & multi-generational families! With 3 separate units, this turnkey property ticks all the boxes for both Owner occupiers or investors looking for SIGNIFICANT CASH FLOW! Location is unbeatable: a 2-minute walk to the LRT plugs you directly into Ottawa's transit vein, reaching downtown Parliament, Ottawa U, and La Cité in less than 15 minutes. Daily errands are a breeze with Trainyards retail hub just a 10-minute walk away, putting every possible amenity at your doorstep. The Home features a bright 3-bed, 1-bath upper unit and a spacious 2-bed, 1-bath lower unit. The detached in-law suite offers a private, separate 1-bed, 1-bath layout with 36 Inch Doors and Walk in Shower. Extensive recent updates within the last year leave absolutely nothing to do: enjoy updated flooring, gorgeous quartz countertops, modern backsplashes, fresh paint, and updated lighting throughout. The exterior boasts a massive parking area for up to 5 vehicles and premium 50-year shingles for ultimate peace of mind and low maintenance reserves. Whether you are looking to house an extended family with total independence, live in one unit while letting tenants pay the mortgage, or add a high-yielding asset with multiple revenue streams to your portfolio, this property delivers on every front. Don't miss out on one of the city's most convenient transit-oriented pockets. Rents Unit A (Tenants Just vacated $2500+Hydro) Unit B ($2300+Hydro) Unit C ($1975-All Inclusive) Property operating ABOVE a 7% Cap Rate at asking Price. (id:25961)
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Details
- Architectural Style: Raised bungalow
- Amenities Nearby: Hospital, Public Transit
- Community Features: Community Centre
- Features: Level lot, Carpet Free
- Parking Spaces: 5
- Structure: Shed
- Transaction: For sale
- Zoning Description: R2J
Building
- Amenities: Separate Heating Controls, Separate Electricity Meters
- Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
- Architectural Style: Raised bungalow
- BasementType: Full (Finished)
- Basement Development: Finished
- Bedrooms Main Level: 6
- Cooling: Central air conditioning
- Exterior Finish: Brick, Vinyl siding
- Fireplace Present: False
- Foundation: Concrete
- Bathrooms (Total): 3
- Heating: Forced air, Heat Pump
- Heating Fuel: Natural gas, Other
- Size Interior: 1100 - 1500 sqft
- Stories Total: 1
- Type: Triplex
- Utility Water: Municipal water
Land
- Amenities: Hospital, Public Transit
- Fence: Fenced yard
- Landscape Features: Landscaped
- Sewer: Sanitary sewer
- Size Depth: 90 ft
- Size Frontage: 65 ft
- Size Irregular: 65 x 90 FT
This property for sale is located at 1312 AVENUE R AVENUE in Ottawa. It was last modified on September 24th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Ottawa homes for sale.
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