Great starter investment property with upside. Legal Triplex in generally good condition. Fairly long term tenants in upper two units. Lower level has just been completely renovated and awaits a new tenant. Main floor tenants have use of half the yard. There are convenient storage lockers for each unit for bikes etc. in the rear. Both upper units have a bonus "solarium " room that serves as great flex space. See attached Floor plans to see layouts. Full income and expense statement will be attached to the listing. NOI ( before debt service) is $28804.00. Rents are extremely reasonable: Main floor ( 374) $1158, Second floor ( 376) $1742 and Lower Level ( 378) estimate at $1200 ( same rental rate as prior to the renovation). Landlord currently paying for Hydro but it is separately metered and could be split out on tenancy renewal. (id:2493)
Data was last updated October 18, 2025 at 08:45 AM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$799,900
Min list price:
$510,000
Max list price:
$3,000,000
Avg days on market:
45
Min days on market:
8
Max days on market:
184
Avg price per sq.ft.:
$175.58
These statistics are generated based on the current listing's property type
and located in
3402 - Vanier. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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