216 Carillon Street

FOR SALE
$1,195,000
216 Carillon Street, Vanier And Kingsview Park
216 Carillon Street
216 Carillon Street
216 Carillon Street
216 Carillon Street
216 Carillon Street
216 Carillon Street
216 Carillon Street
216 Carillon Street
216 Carillon Street
216 Carillon Street
216 Carillon Street
216 Carillon Street
216 Carillon Street
216 Carillon Street
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6
BEDROOMS
3
BATHROOMS
3
KITCHENS
18
ROOMS
X13862266
MLSID
Contact Us
Property Description
Turn-key legal triplex built in 2014, exceptionally well maintained and ideally located in the heart of Vanier. Offering the perfect combination of modern construction, strong tenants, excellent functionality, and future upside, this property is an ideal opportunity for investors looking for a low-maintenance income-producing asset. Each of the three self contained units features its own hydro meter, furnace, central air conditioning, and in-unit laundry, and water heater(all 3 water heaters replaced in 2025) while the property also offers three surfaced parking spaces. The current tenants are excellent and pay all utilities, with the landlord responsible only for water-helping keep operating costs low and cash flow strong. Current monthly rents are $2,050 , $2,150, and $1,990, providing a solid income base with additional potential for future rental growth. The property has been exceptionally well maintained and features durable ceramic and laminate flooring throughout, making it a true turnkey investment with little to do beyond managing the tenancy. Located just minutes from downtown Ottawa, with convenient access to transit, major roadways, shopping, restaurants, parks, and a growing selection of local amenities, Vanier continues to attract residents and investment. Just a one-minute walk from the newly announced Vanier Recreation Centre and community hub planned for 250 Montréal Road, adding an exciting new amenity right at the property's doorstep. The property's modern build, separate utilities, individual laundry facilities, parking, and strong tenant profile make this a particularly attractive package in today's market. Washer and Dryer in unit 2 were replaced in 2025. Annual Operating Income: $74,291.36. Annual Operating Expenses: $15,534.47. Net Operating Income (NOI): $58,756.93. Cap Rate: 4.92%. 24-hour irrevocable on all offers. Some images have been virtually staged.
Property Features
Water Heater, Separate Hydro Meter, Water Heater Owned
Property Details
Address
216 Carillon Street
Community
Postal Code
K1L 5X8
Property Type
Triplex, Triplex
Lot Size
31' x 88'
Taxes
$7,297 (2026
Basement
Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
Listing contracted with Faulkner Real Estate Ltd.
134 Jolliet Avenue, Vanier And Kingsview Park
6
BEDS
3
BATHS
$899,000
FOR SALE
Exceptional investment opportunity in the heart of Beechwood Village. This well-maintained triplex offers the rare combination of strong rental income, an enviable location, and exceptional flexibility for both investors and owner-occupiers.The property features three thoughtfully laid-out two-bedroom, one-bathroom residential units, currently generating $5,363 per month in rental income, or approximately $64,356 annually. The upper unit rents for $1,580/month, the main-level unit for $1,925/month, and the lower unit for $1,858/month. The main-level residence has been beautifully updated with new flooring, stainless steel appliances, and a renovated bathroom, adding to its appeal and rental potential.Three outdoor parking spaces are included, and the property generates an additional approximately $1,200 annually through pay-per-use laundry. Tenants are responsible for their own hydro.An exceptional opportunity to add a quality multi-residential property to your portfolio, or live comfortably in one unit while generating rental income from the other two. With three separate units and multiple income streams, this property offers both immediate revenue and long-term potential.Located in the sought-after Beechwood Village community, residents enjoy convenient access to downtown Ottawa, public transit, shops, restaurants, schools, parks, and hospitals. A compelling opportunity to acquire a versatile income-producing property in one of Ottawa's established and highly desirable neighbourhoods. Some photos are virtually staged.
315 Lajoie Street, Vanier And Kingsview Park
6
BEDS
3
BATHS
$900,000
FOR SALE
Welcome to 315 Lajoie Street where pride of ownership is apparent the moment you set eyes on this building. Long time owner has decided to move on and sell this incredible building. Lovingly maintained and pampered this triplex in Vanier is now priced to sell. Many many recent improvements including: complete upgrade of the plumbing system in 2023, building completely reclad with stucco in 2021, upgraded electrical in 2021, new roof in 2021, apartment 2 completely renovated in 2017, laneway and parking lot paved in 2016 plus new fencing installed, apartment 1 completely renovated in 2015 with new wiring, apartment 3 completely renovated in 2014, building waterproofed in 2013 at the front and along the driveway, windows and front and back door replaced in 2012, high efficiency boiler and hot water tank installed in 2011 and fire rated doors and closures installed in 2007. Nothing to do for the next number of years except collect rents and maintain the property. Excellent tenant mix and potential. All apartments are two bedroom and on month to month leases. Apt. 1 which is the lower level apartment is rented for $1,975 plus hydro; Apt. 2 which is the main floor is rented for $1,266 plus hydro and Apt. 3 the upper floor is rented for $1,567.08 plus hydro. Currently parking and laundry are provided by the Landlord as part of the rent. 2025 expenses are: Taxes $67,138.69, Insurance $3,663.36, Gas $1,897.24, Enercare $1,200.00, Water and Sewer $2.068.00 and common hydro of $1,206.04 which leaves a net income of about $40,653.31. Much upside available on turnover by increasing rents and charging for parking and laundry. Ideal owner occupier as each apartment is bright, spacious and well laid out. Excellent location with an easy commute to downtown, Ottawa University and everything Ottawa has to offer. Why not make 315 Lajoie Street your next real estate investment. Showings Tues and Fri from 10-noon and 2-4 and Sat from 1-5 only with 24 hours notice.
703 Morgan Street, Vanier And Kingsview Park
6+1
BEDS
3
BATHS
$899,900
FOR SALE
An exceptional turn-key investment opportunity awaits at 703 Morgan Street, a versatile, high-yielding triplex designed to maximize cash flow and long-term equity growth. The property features two spacious, identical three-bedroom, one-bathroom layouts on the top and middle floors, complemented by a cozy one-bedroom, one-bathroom lower unit. With the middle unit currently vacant, buyers gain an immediate value-add strategy to set projected market rent, house-hack, or select their own premium tenant while enjoying steady income from established, month-to-month residents. Tenants pay their own hydro via separate electrical panels and outdoor meters updated in 2016, keeping landlord utility overhead remarkably low. Major mechanicals and structural components have been systematically upgraded for worry-free ownership, including a new roof (2018), replacement windows (2017), gas meter update (2014), and a newly paved driveway (2025). Capital expenditure worries are minimized with three fully owned water heaters-replaced in 2016, 2018, and 2023-and low common electrical costs covering exterior and stairwell lighting. The building is complete with shared tenant laundry and dedicated storage facilities, enhancing overall tenant retention and convenience. Positioned with strong existing revenue, reliable tenancy, and significant upside potential in the vacant unit, this well-maintained asset is a rock-solid addition to any real estate portfolio.
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