397 BRANT STREET, Ottawa, ON K1L6V5
397 BRANT STREET, Ottawa, ON K1L6V5
397 BRANT STREET, Ottawa, ON K1L6V5
397 BRANT STREET, Ottawa, ON K1L6V5
397 BRANT STREET, Ottawa, ON K1L6V5
397 BRANT STREET, Ottawa, ON K1L6V5
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$ 725,000
Est. payment | /mo

5 Beds

3 Baths

1,500 SqFt


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$ 725,000
Est. payment | /mo
Save

5 Beds

3 Baths

1,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500 - 2000

Square Footage 1,500 sqft

Price per Sqft $483

Subdivision 3404 - Vanier

MLS® Listing ID X13213406

Bedrooms 5

Property Description

Turn-key triplex investment opportunity located in Ottawa's central east end in the established community of Castle Heights! This well-maintained property has been owned by the same owner since 1989 & offers stable long-term tenants, reliable income, 4 parking spaces & separate hydro meters for each apartment + common areas. All tenancies are month-to-month, providing excellent flexibility for investors looking to expand their portfolio or potentially owner/family occupy. Add'l income is generated through the coined washer & dryer located in the shared laundry room. Apt. 1 is a LL 1 bed, 1 bath unit feat. laminate flooring, an updated kitchen w/ eating area, renovated full bath & large windows for natural light. Apt 2 offers a spacious 2 bed, 1 bath layout w/ hardwood flooring in the living rm & primary bed, laminate flooring in the secondary bed & a bright eat-in kitchen. Apt 3 feat. 2 beds, 1 bath, hardwood flooring t/o the principal rooms & 2 dedicated parking spaces. Shared common areas incl. front & rear staircases, laundry rm, utility rm & under stair storage . Extensive updates completed t/o ownership incl. roof replacement in 2015, boiler installed in 2010, painted front & rear staircases in 2025, + significant basement improvements in 2009 incl. new drain lines, backup valve installation, insulation, concrete flooring, updated flooring t/o, renovated basement kitchen & bathroom & windows replaced over the years as well. The exterior offers a stucco finish, interlocked side & rear walkway/patio, shared backyard space, storage shed & garbage area. NOI of $26,372.11 w/ loads of upswing in quiet residential Castle Heights community! Conveniently Walk to transit on McArthur Ave/Donald. Mins to St. Laurent Blvd., Montréal Rd. & downtown. Nearby amenities incl. St. Laurent Shopping Centre, Trainyards, Costco, parks, rec centres & many restaurants. A great opportunity to own a centrally located income property with long-term upside in a growing area of Ottawa! (id:24570)

Location

State ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 2.11 m X 1.36 m Bathroom

Extra Room 2 Second level 3.07 m X 4.73 m Living room

Extra Room 3 Second level 3.07 m X 4.36 m Kitchen

Extra Room 4 Second level 3.2 m X 3.57 m Bedroom

Extra Room 5 Second level 3.2 m X 3.32 m Bedroom

Extra Room 6 Third level 3.18 m X 4.73 m Living room

Interior

Heating Other, Radiant heat,

Cooling None

Exterior

Parking Features No

Fence Fenced yard

Community Features Community Centre

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Story 3

Sewer Sanitary sewer

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Listed by COLDWELL BANKER FIRST OTTAWA REALTY
Maha Shahbazian

Making real estate fast, fun, and stress-free!

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397 BRANT STREET