341 Cambridge Street
4205 - West Centre Town, West Centre Town, K1R 7B3
FOR SALE
$1,139,000

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BEDROOMS3
BATHROOMS3
KITCHENS9
ROOMSX13440700
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Property Description
Modern turnkey legal triplex in the heart of West Centre Town offering a rare combination of quality construction, stable income, and long-term investment potential. Fully occupied with reliable tenants, this well-maintained property features three self-contained one-bedroom loft-style residences generating approximately $65,252 in annual gross income. Each unit offers soaring 11-foot ceilings, oversized windows providing exceptional natural light, modern vinyl flooring, stylish kitchens with quartz countertops, and convenient in-suite laundry. All units include a refrigerator, stove, washer, and dryer. Situated on a deep 24.9 ft x 149 ft lot, the property also benefits from two dedicated parking spaces, separate utility meters, and a low-maintenance operating profile. Tenants pay their own utilities, with the landlord responsible only for water. Located just minutes from Downtown Ottawa with convenient access to major highways, transit, shopping, restaurants, and employment centres, this is an ideal opportunity for investors seeking a turnkey income-producing asset in a strong rental market. Potential may exist for an additional dwelling unit, subject to buyer due diligence and City approvals. .
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Property Features
None
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Property Details
Address
341 Cambridge Street
Community
City
Postal Code
K1R 7B3
Property Type
Triplex, Triplex
Zoning
Unassigned, R4T
Lot Size
26' x 149'
Acreage
3,950.0 Feet
Taxes
$7,341 (2025
Basement
Full, Finished
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
2
Garage Type
None
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Listing contracted with First Class Realty Inc.
Welcome to this duplex building with 3 separate units. Live on one side and rent the other. Fantastic opportunity for investors. 25 Perkins is the middle building with two 1 bedroom units. 27 Perkins is an end unit with 2 bedrooms and parking spot out front. Over $37,000/yr net income. Next to Lebreton Flats and future home to the Ottawa Senators Stadium. Detailed pdf with expenses and income along with current tenant situation available. Minutes from the bridge to Gatineau, 2.5km from University of Ottawa, 2.2km from Elgin St, 6 minute walk to Pimisi LRT station, close to Little Italy and China Town. Lebreton Flats Master Concept Plan available upon request. The plan is based on public feedback and builds. LeBreton Flats is a 29-hectare site anchored by two LRT stations at Pimisi and Bayview that hosts the yearly Bluesfest festival and in the future will be the home of a new up-and-coming community (or hockey arena). 27 has central A/C, 25 does not. Property is on a quiet dead-end street. All properties are tenanted and wish to stay.
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