$999,999
847 PINEWOOD CRESCENT
Beds
8
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
Turnkey triplex investment opportunity in desirable Britannia Heights with a strong tenant profile and over 40 years of pride of ownership. The property features two spacious 3-bedroom units and one 2-bedroom unit, offering an excellent unit mix for stable rental income. Units have been updated over time, including one fully renovated unit in 2024 with dishwasher.Tenants are reliable and pay on time, with separately metered hydro paid by tenants. Recent capital improvements include two gas forced-air furnaces (2012 & 2026) and three owned electric hot water tanks (2013, 2023, 2024).Ideal for investors seeking a well-maintained, low-maintenance asset or owner-occupants looking to live in one unit while offsetting expenses with rental income (id:65958)
- Subtype
- Multi-family
- Structure
- Triplex
- Community
- 6203 - Queensway Terrace North
- Lot dimensions
- 50 x 110.3 FT
- Bedrooms
- 2 above grade, 6 below grade
- Parking
- 3 total
- Stories
- 2
- On market
- Apr 15, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $7,576 (2025)
- Zoning
- N3B
- Photos
- 44
- MLS#
- X13002944
- Area
- OTTAWA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Community
Security
Cash on cash
-6.55%
Cap rate
3.55%
GRM
16.7
Break-even rent
$6,149
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.