11 photos
$1,220,000
ActiveAbout this Property
- The scenic Rideau River, with its nearby parks and walking/cycling paths, is just a short stroll away
Discover a prime investment opportunity with this well-maintained triplex at 138 King George Street. Total GOI for is $57,360, and Operating Expense is $10,978. NOI is 46,382. The property features three 2-bedroom 2-bathroom units. Located in Ottawa's desirable Overbrook neighborhood, this property offers an unbeatable location just minutes from Highway 417, with easy access to downtown and beyond. The St. Laurent Shopping Centre one of Ottawa's major retail destinations is only a short drive away, offering shopping, dining, and entertainment at your fingertips. The scenic Rideau River, with its nearby parks and walking/cycling paths, is just a short stroll away. Blending urban convenience with a touch of nature, this turn-key triplex is a smart addition to any real estate portfolio. Note the interior images are from Unit2 at 136 King George, which is mirrored layout.
Listed by EXP REALTY · MLS# X12686800
About Vanier
Vanier is a compact urban neighbourhood located just east of the Rideau River from downtown Ottawa, undergoing a significant revitalization that has caught the attention of savvy buyers, investors, and first-time homeowners looking for affordable central living with strong appreciation potential. Once a separate francophone municipality before amalgamation, Vanier retains a distinctive French-Canadian cultural identity while embracing the multicultural diversity that has become one of its defining characteristics.
Features & Details
Property details of 138 King George Street, Ottawa, ON
Market Insights for Triplex in Ottawa
Based on 24 sales in the last 90 days · Showing city-wide data
Seller’s Market
Demand is outpacing supply. Sellers can expect competitive offers and strong pricing.
New Listings
24
Avg Days on Market
44 days
Avg Price/Sq Ft
$470
Location
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Cash Flow Analysis
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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