703 Morgan Street Ottawa, Ontario K1K 3M3
$899,900
An exceptional turn-key investment opportunity awaits at 703 Morgan Street, a versatile, high-yielding triplex designed to maximize cash flow and long-term equity growth. The property features two spacious, identical three-bedroom, one-bathroom layouts on the top and middle floors, complemented by a cozy one-bedroom, one-bathroom lower unit. With the middle unit currently vacant, buyers gain an immediate value-add strategy to set projected market rent, house-hack, or select their own premium tenant while enjoying steady income from established, month-to-month residents. Tenants pay their own hydro via separate electrical panels and outdoor meters updated in 2016, keeping landlord utility overhead remarkably low. Major mechanicals and structural components have been systematically upgraded for worry-free ownership, including a new roof (2018), replacement windows (2017), gas meter update (2014), and a newly paved driveway (2025). Capital expenditure worries are minimized with three fully owned water heaters-replaced in 2016, 2018, and 2023-and low common electrical costs covering exterior and stairwell lighting. The building is complete with shared tenant laundry and dedicated storage facilities, enhancing overall tenant retention and convenience. Positioned with strong existing revenue, reliable tenancy, and significant upside potential in the vacant unit, this well-maintained asset is a rock-solid addition to any real estate portfolio. (id:44758)
房源概要
| MLS® Number | X13822468 |
| 房源类型 | Multi-family |
| 社区名字 | 3404 - Vanier |
| 总车位 | 8 |
详 情
| 浴室 | 3 |
| 地上卧房 | 6 |
| 地下卧室 | 1 |
| 总卧房 | 7 |
| 赠送家电包括 | Water Heater, 烘干机, 炉子, 洗衣机, 冰箱 |
| 地下室进展 | 已装修 |
| 地下室类型 | N/a (finished) |
| 空调 | None, Window Air Conditioner |
| 外墙 | 砖 |
| 地基类型 | 混凝土浇筑 |
| 供暖方式 | 天然气 |
| 供暖类型 | 压力热风 |
| 储存空间 | 2 |
| 内部尺寸 | 2000 - 2500 Sqft |
| 类型 | Triplex |
| 设备间 | 市政供水 |
车 位
| 没有车库 |
土地
| 英亩数 | 无 |
| 污水道 | Sanitary Sewer |
| 土地深度 | 92 Ft |
| 土地宽度 | 59 Ft ,7 In |
| 不规则大小 | 59.6 X 92 Ft |
https://www.realtor.ca/real-estate/30321368/703-morgan-street-ottawa-3404-vanier
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Ottawa Real Estate Board
Lpt Realty
October 05 2026 04:23:57
