108 Lebreton Street
4205 - West Centre Town, West Centre Town, K1R 7H4
FOR SALE
$869,900
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4
BEDROOMS 3
BATHROOMS 3
KITCHENS 17
ROOMS X14122994
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Property Description
Fantastic opportunity to own a triplex in an exceptional Centretown location! This fully tenanted building offers a nice unit mix. The entire main level is a very large 3 bedroom unit with a sunroom on one end and a balcony on the other. Upstairs, you'll find a bright and spacious 1 bedroom with balcony and a large studio with lots of character and its own sunroom. The basement has untapped potential and currently offers additional storage space. A long paved driveway and detached garage offer plenty of parking. Close to LRT, highway access, and near future development site of Lebreton Flats. Currently grossing $57,600 annually with room to grow!
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Property Features
None, Tandem
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Property Details
Address
108 Lebreton Street
Community
City
Postal Code
K1R 7H4
Property Type
Triplex, Triplex
Lot Size
33' x 107'
Taxes
$6,165 (2025
Basement
Full
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
Detached
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Listing contracted with Exp Realty
Welcome to 84 Anderson Street, a fantastic investment opportunity in the heart of Ottawa's vibrant Little Italy! Offering a 5.5%+ cap rate, this well-located triplex is perfectly positioned between Preston Street and Chinatown, delivering exceptional walkability and strong rental appeal. The property features three self-contained units, each with convenient in-unit laundry. Apartment 1 is a lovely 2-bedroom, 1-bathroom main-floor unit; Apartment 2 is a spacious & bright 1-bedroom, 1-bathroom second-floor unit featuring open-concept living and two private balconies; and Apartment 3 is a cozy lower-level bachelor unit with private exterior access. Deep lot with ample parking. N4B zoning allowing for future expansion/redevelopment. Tenants will love the unbeatable location, just steps from Preston Street and within walking distance of the LRT, Plante Recreation Centre, Chinatown, LeBreton Flats, restaurants, cafés, shopping, recreation and more. An excellent opportunity for investors looking to add a well-positioned, income-producing property in one of Ottawa's most desirable and dynamic urban neighbourhoods. Restricted showing times; minimum 24 hours' notice required.
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This exceptional duplex property features three distinct units, offering a fantastic opportunity for investors or owner-occupants. You can live in the largest unit and rent the other two as the spacious 2-bedroom end unit at 27 Perkins is vacant as of Nov 1. This unit also features central A/C and a dedicated front parking spot. The middle building at 25 Perkins includes two 1-bedroom units, both currently tenanted with occupants who wish to stay. All 3 units generate over $46,000 in net annual income. The property is situated on a quiet dead-end street next to Lebreton Flats, the site of the annual Bluesfest and the future home of the Ottawa Senators stadium. It offers incredible accessibility, located just a 6-minute walk from the Pimisi LRT station, minutes from the Gatineau bridge, and just over 2km from both the University of Ottawa and Elgin Street, with Little Italy and Chinatown nearby. A detailed PDF of expenses, income, and the Lebreton Flats Master Concept Plan is available upon request.
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