$2,099,000
255 PRESLAND ROAD
Beds
13
Baths
8
Sqft
—
Year
—
Type
Multi-family
Suite
Non-conforming suite
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
An exceptional opportunity to secure a custom-built fourplex in the heart of Overbrook-perfect for investors looking to expand their portfolio or families seeking a versatile multi-generational living solution. Configured as a triplex with a legal non-conforming fourth unit, this well-designed property offers a total of 13 bedrooms and 8 bathrooms, providing strong income potential and flexible living arrangements. Each unit is thoughtfully designed with functional layouts, in-unit laundry, and modern conveniences including stainless steel appliances and dishwashers. The property includes on-site parking with additional street options available, making it attractive for tenants and owners alike. For investors, this is a rare chance to acquire a high-demand rental asset in a rapidly evolving neighborhood with growing appeal and long-term upside. The multiple units allow for diversified income streams and stable occupancy in a location that continues to see increased interest. For end-users, this property is ideal for multi-generational living-offering the ability to live together while maintaining privacy and independence across separate units. Whether accommodating extended family or offsetting your mortgage with rental income, the flexibility here is unmatched. Situated in beautiful Overbrook, residents enjoy a quiet, community-oriented neighborhood just minutes from Ottawa's urban core. Walking distance to the St. Laurent Shopping Centre, LRT, grocery stores, restaurants, parks, and schools ensures everyday convenience. Downtown Ottawa, the ByWard Market, and Sandy Hill are all just a short drive away. Overbrook combines suburban comfort with unbeatable proximity, making it one of the city's best-kept secrets now gaining well-deserved attention. Don't miss your chance to own a turnkey fourplex in a prime location-an ideal blend of lifestyle and investment potential. (id:65958)
- Subtype
- Multi-family
- Structure
- Fourplex
- Community
- 3502 - Overbrook/Castle Heights
- Lot dimensions
- 50 x 100 FT
- Bedrooms
- 10 above grade, 3 below grade
- Parking
- 3 total
- Stories
- 3
- On market
- Apr 9, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $12,516 (2025)
- Photos
- 50
- MLS#
- X12979970
- Area
- OTTAWA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Cash on cash
-6.29%
Cap rate
3.61%
GRM
16.7
Break-even rent
$12,815
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.