389 Daly Avenue Ottawa, Ontario K1N 6H1
$1,125,000
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, an impressive 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. Unit 1 is currently vacant, providing valuable flexibility for a buyer to renovate and reposition the suite, increase future rental income, or occupy the unit themselves. The upper 3-bedroom suite is a standout feature of the property, offering 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, strong existing rental income, and the added upside of a vacant 1-bedroom suite, this property offers an excellent combination of immediate income and future potential. A rare opportunity to acquire a character-filled income property with strong fundamentals and flexibility in the heart of Ottawa. (id:59524)
Property Details
| MLS® Number | X13425212 |
| Property Type | Multi-family |
| Community Name | 4003 - Sandy Hill |
| Features | Carpet Free |
| ParkingSpaceTotal | 2 |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| BasementDevelopment | Unfinished |
| BasementType | N/a (unfinished) |
| CoolingType | Wall Unit |
| ExteriorFinish | Brick |
| FoundationType | Stone |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 3000 - 3500 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 99 Ft |
| SizeFrontage | 26 Ft ,4 In |
| SizeIrregular | 26.4 X 99 Ft |
| SizeTotalText | 26.4 X 99 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.77 m | 4.89 m | 3.77 m x 4.89 m |
| Second Level | Bathroom | 1.97 m | 2.42 m | 1.97 m x 2.42 m |
| Second Level | Living Room | 4.25 m | 4.46 m | 4.25 m x 4.46 m |
| Second Level | Dining Room | 4.25 m | 2.86 m | 4.25 m x 2.86 m |
| Second Level | Kitchen | 4.87 m | 3.34 m | 4.87 m x 3.34 m |
| Third Level | Bathroom | 2.49 m | 3.3 m | 2.49 m x 3.3 m |
| Third Level | Bedroom | 5.34 m | 4.46 m | 5.34 m x 4.46 m |
| Third Level | Bedroom | 3.76 m | 3.06 m | 3.76 m x 3.06 m |
| Third Level | Bedroom | 4.69 m | 4.43 m | 4.69 m x 4.43 m |
| Main Level | Living Room | 4.22 m | 3.44 m | 4.22 m x 3.44 m |
| Main Level | Kitchen | 3.31 m | 2.46 m | 3.31 m x 2.46 m |
| Main Level | Bedroom | 4.22 m | 3.13 m | 4.22 m x 3.13 m |
| Main Level | Bathroom | 1.6 m | 2.98 m | 1.6 m x 2.98 m |
| Ground Level | Living Room | 2.73 m | 4.08 m | 2.73 m x 4.08 m |
| Ground Level | Dining Room | 1.68 m | 2.93 m | 1.68 m x 2.93 m |
| Ground Level | Kitchen | 3.54 m | 2.96 m | 3.54 m x 2.96 m |
https://www.realtor.ca/real-estate/29881981/389-daly-avenue-ottawa-4003-sandy-hill
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August 29 2026 12:51:27
Sleepwell Realty Group Ltd