732 Morin Street Ottawa, Ontario K1K 3G9

$1,285,000

This renovated legal triplex is a fantastic investment opportunity in a sought-after neighborhood. Perfect for both seasoned investors and first-time buyers looking to generate rental income, this property offers three separate living units, each with its own private entrance. Unit 1: 3 bedroom, 1 full bathroom with deck and access to backyard ($2,050 + rent increase in Jan 2025). Unit 2: 3 bedroom, 1 full bathroom with balcony ($2,150 + rent increase in Jan 2025). Unit 3: 1 bedroom, 1 full bathroom ($1,300 fix until July 2025). All units have laundry and 2 entrances. City of Ottawa successful building inspection (Oct 2024). This triplex is an exceptional opportunity for both immediate cash flow and long-term equity growth. Situated in Castle Heights, just minutes from St-Laurent complex, schools, transit and much more! (id:43934)

Property Details

MLS® Number	1418591
Property Type	Multi-family
Neigbourhood	Castle Heights
AmenitiesNearBy	Public Transit, Recreation Nearby, Shopping
CommunityFeatures	Family Oriented
Features	Balcony, Automatic Garage Door Opener
ParkingSpaceTotal	3
Structure	Deck

Building

Amenities	Recreation Centre
Appliances	Blinds
BasementDevelopment	Finished
BasementType	Full (finished)
ConstructedDate	1962
ConstructionStyleAttachment	Attached
CoolingType	Central Air Conditioning
ExteriorFinish	Brick, Siding
FlooringType	Wall-to-wall Carpet, Mixed Flooring, Laminate, Ceramic
HeatingFuel	Natural Gas
HeatingType	Forced Air
StoriesTotal	3
Type	Triplex
UtilityWater	Municipal Water

Parking

Attached Garage

Land

Acreage	No
FenceType	Fenced Yard
LandAmenities	Public Transit, Recreation Nearby, Shopping
Sewer	Municipal Sewage System
SizeDepth	103 Ft ,9 In
SizeFrontage	67 Ft ,6 In
SizeIrregular	67.53 Ft X 103.77 Ft
SizeTotalText	67.53 Ft X 103.77 Ft
ZoningDescription	R4n

https://www.realtor.ca/real-estate/27653978/732-morin-street-ottawa-castle-heights