38 days on Market

732 MORIN St, Ottawa, Ontario K1K 3G9

Townhouse
-
-
- sqft
$1,285,000
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Townhouse
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-
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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$5,519/mo

Tax Amount (2024)$5,105/yr

Days On Market38 days


Description

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!


Property Details

StyleTriplex
View-
Age of property1962
SqFt-
Lot Size650 SqM(31.63 x 20.58)
Parking Spaces3
MLS ®Number1418591
Community NameVanier South
Data SourceOREB
Listing byRE/MAX HALLMARK REALTY GROUP

Features

Heating: Forced Air
Cooling: Central Air Conditioning
Basement: Full, Fully Finished

Features

Lot size: 650 SqM

Parking

Garage spaces 2

Garage type -

Other parking spaces 1

Total parking spaces 3


Property listed by RE/MAX HALLMARK REALTY GROUP, Brokerage

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Population and Demographics

Overview

Total population 4057
Average household income $92,560

Age (%)

20 to 34
24%
65 and plus
23%
50 to 64
20%
35 to 49
17%
0 to 19
16%

Household composition (%)

Single person
48%
Single family
41%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
46%
French
34%
Arabic
6%
English and French
4%
Spanish
2%
French and non-official language(s)
2%
Haitian Creole
2%
Portuguese
1%
Others
1%

House tenancy (%)

Renters
68%
Owners
32%

Schools and amenities

Estimated Budget