$949,900
154 COLUMBUS AVENUE
Beds
6
Baths
3
Sqft
—
Year
—
Type
Multi-family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Well-maintained triplex offering strong rental income in a convenient location just minutes to downtown. Excellent access to transit, shopping, parks, and everyday amenities make it an appealing location for tenants. This fully occupied property features three spacious units, each offering 2 bedrooms and 1 bathroom. Unit 1 (main floor) currently pays $2200/month. Unit 2 (upper level) currently pays $2100/month (tenants are vacating March 31st - set your new rent!). Unit 3 (lower level) is currently paying $1900/month. Many improvements have been made to the property: basement fully renovated (2025); roof (2023); windows (2015); furnace (2023); exterior paint (2023) and driveway asphalt redone (2023). Information Sheet attached with additional details. Favourable zoning allows for the potential construction of a coach house in the rear yard, providing an opportunity for additional living space, a guest suite, or an income-generating unit (buyer to perform their own due diligence). (id:65958)
- Subtype
- Multi-family
- Structure
- Triplex
- Community
- 3502 - Overbrook/Castle Heights
- Lot dimensions
- 50 x 104 FT
- Bedrooms
- 4 above grade, 2 below grade
- Parking
- 5 total
- Stories
- 2
- On market
- Mar 6, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $5,571 (2025)
- Photos
- 30
- MLS#
- X12853734
- Area
- OTTAWA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Cash on cash
-6.57%
Cap rate
3.55%
GRM
16.7
Break-even rent
$5,845
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.