contemporary house with stone siding Features: horizontal siding, stone siding, stoop, downspout More Photos

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    For Sale - 95 Barrette Street, Vanier and Kingsview Park, Ontario

    Est payment $5,042/mo
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    Views   3
    Time on Jump  67 day

    AI Summary *

    • Turnkey triplex in a rapidly appreciating neighborhood with excellent rental demand.
    • Fully tenanted units with a history of zero vacancies and stable long-term tenants.
    • Recent major improvements ensure a low-maintenance investment with solid cash flow.
    • Zoned for multi-unit development, offering future growth potential in a rising market.
    • Current income significantly below market value, with potential for increase.




    Rare turnkey triplex in the heart of ottawa's rapidly appreciating vanier/beechwood village corridor. This meticulously maintained income property offers three fully tenanted units sharing a consistent layout across all floors, zero vacancy history, and exceptional long-term upside in one of the city's most sought-after emerging neighbourhoods, steps from vibrant beechwood avenue, rockcliffe park, and the ottawa river pathways. With over $293,000 in confirmed capital investment since 2010, this is a property where the heavy lifting has already been done. Major improvements include a brand new high-efficiency boiler (2025), 90% of main cast iron pipes replaced with pvc (2026), full foundation waterproofing with sump pump and french drain system, roof in excellent condition (inspected and reflashed 2023), complete building refacing with permacon and canexcel cladding, new concrete front stairs, a fully redone interlock backyard and parking area, and a shed with individual storage lockers, dedicated electrical panel and new roofing. A lifetime pest control contract and updated appliances in all three units round out a truly turnkey asset. All units are occupied by excellent long-term tenants with zero tribunal history. Current gross annual income of $57,140 with significant upside as all three units are below market rent, with stabilized market rents projecting to $72,300 annually. The property is zoned n4b[1322] h(11), permitting low-rise multi-unit development up to three storeys, offering compelling future redevelopment optionality in a neighbourhood where land values are rising. A patient investor acquires strong cash flow today and meaningful appreciation potential tomorrow.
    Listing IDX13061458
    Address95 Barrette Street
    CityVanier and Kingsview Park, Ontario
    Price$1,050,000
    Bed / Bath6 / 3 Full
    Style3-Storey, Triplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Separate Hydro Meter, Storage, Storage Area Lockers, Water Heater Owned, Water HeaterOutdoor Features LandscapedOwnership FreeholdBasement NoneFoundation ConcreteHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  COLDWELL BANKER FIRST OTTAWA REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    95 Barrette Street
    Vanier and Kingsview Park , Ontario
    6 3 $1,050,000
    Get more info