$1,190,000
Available - For Sale
Listing ID: X13425212
389 Daly Avenue , Lower Town - Sandy Hill, K1N 6H1, Ottawa
| Exceptional investment and owner-occupier opportunity featuring a desirable unit mix of two 1-bedroom suites and one spacious 3-bedroom suite, generating nearly $82,000 in annual gross rental income. Located in the heart of Sandy Hill, one of Ottawa's most sought-after rental markets, this well-maintained brick triplex is steps from the University of Ottawa, Strathcona Park, the Rideau River, downtown amenities, transit, restaurants, shopping, and entertainment. The property features a ground-floor 1-bedroom suite, a premium 2-storey upper 3-bedroom suite with a large private balcony, and a rear-entry 2-storey 1-bedroom suite. All units offer in-suite laundry, while the property includes 2 on-site parking spaces. A rare advantage for buyers is that Units 1 and 2 are expected to be vacant as of August 1st, providing flexibility to occupy, renovate, increase rents, accommodate extended family, or create an attractive owner-occupier opportunity. The upper unit is particularly impressive, featuring exposed brick walls, hardwood flooring, spacious principal rooms, a bright open-concept layout, and a private balcony rarely found in income properties. Significant capital improvements include a new shingle roof in 2026 (flat roof age unknown, but membrane is in good condition), replacement of the main plumbing stack from the top floor to the basement, and a major foundation stabilization project along the driveway side. The work included excavation, foundation reinforcement, steel piling, waterproofing, drainage improvements, and restoration, representing a substantial investment in the property's long-term integrity. With separately metered hydro for each unit and vacant possession of Units 1 and 2 anticipated for August 1st, this property offers exceptional flexibility for investors and owner-occupiers alike. A rare opportunity to acquire a character-filled income property with strong fundamentals and future upside in the heart of Ottawa. |
| Price | $1,190,000 |
| Taxes: | $9686.84 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 389 Daly Avenue , Lower Town - Sandy Hill, K1N 6H1, Ottawa |
| Directions/Cross Streets: | Daly & Cobourg |
| Rooms: | 15 |
| Bedrooms: | 5 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 13.84 | 11.28 | |
| Room 2 | Main | Kitchen | 10.86 | 8.07 | |
| Room 3 | Main | Bedroom | 13.84 | 10.27 | |
| Room 4 | Main | Bathroom | 5.25 | 9.77 | |
| Room 5 | Second | Living Ro | 13.94 | 14.63 | |
| Room 6 | Second | Dining Ro | 13.94 | 9.38 | |
| Room 7 | Second | Kitchen | 15.97 | 10.96 | |
| Room 8 | Third | Bedroom | 17.52 | 14.63 | |
| Room 9 | Third | Bedroom | 12.33 | 10.04 | |
| Room 10 | Third | Bedroom | 15.38 | 14.53 | |
| Room 11 | Third | Bathroom | 8.17 | 10.82 | |
| Room 12 | Ground | Living Ro | 8.95 | 13.38 | |
| Room 13 | Ground | Dining Ro | 5.51 | 9.61 | |
| Room 14 | Ground | Kitchen | 11.61 | 9.71 | |
| Room 15 | Second | Bedroom | 12.37 | 16.04 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Third |
| Washroom Type 3 | 4 | Second |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Triplex |
| Style: | 3-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 2 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Park #3 | |
| Parking Type: | Reserved/A |
| Pool: | None |
| Approximatly Square Footage: | 3000-3500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| SLEEPWELL REALTY GROUP LTD |
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Ottawa |
| Municipality: | Lower Town - Sandy Hill |
| Neighbourhood: | 4003 - Sandy Hill |
| Style: | 3-Storey |
| Tax: | $9,686.84 |
| Beds: | 5 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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