69 Blackburn Ave, Ottawa, K1N 8A4

Home Overview

Description

Exceptional opportunity to own a legal triplex in the heart of Sandy Hill-just steps to the University of Ottawa and walking distance to downtown, transit, shops, and restaurants. Whether you're looking for a strong income property, a multi-generational home, or the flexibility to live in one unit while renting the others, this property offers unmatched versatility. This fully tenanted triplex generates solid income with a projected annual revenue of over $73,000, with tenants paying hydro and separate metering in place for all three units. The building has been extensively upgraded, including a complete basement redevelopment with new plumbing, electrical, structural support, and a full waterproofing system. Major improvements also include a 200 AMP service, updated kitchens (2015), metal roof with lifetime warranty (2016), leaf-guard eavestroughs (2018), updated windows, and new exterior doors. Unit mix includes a bright 2-bedroom unit with modern finishes, a renovated 1-bedroom with long-term tenant, and a spacious 3-bedroom + loft with consistent rental demand. Four parking spaces at the rear add further value. With strong rental history, minimal vacancy, and significant capital improvements already completed, this is a rare turnkey opportunity in one of Ottawa's most desirable rental locations.

20 days

On Market

Triplex

Property Type

$9,792 / Year

Est. Taxes

$0 / Month

Maint. Fees

-

Locker

-

Year Built