341 CAMBRIDGE STREET N, Ottawa
$1,139,000
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 3 bedrooms, 3 bathrooms
- Living area
- 2,000 sqft
- MLS®
- MLS® X13440700
- Neighbourhood
- 4205 - West Centre Town
Modern turnkey legal triplex in the heart of West Centre Town offering a rare combination of quality construction, stable income, and long-term investment potential. Fully occupied with reliable tenants, this well-maintained property features three self-contained one-bedroom loft-style residences generating approximately $65,252 in annual gross income. Each unit offers soaring 11-foot ceilings, oversized windows providing exceptional natural light, modern vinyl flooring, stylish kitchens with quartz countertops, and convenient in-suite laundry. All units include a refrigerator, stove, washer, and dryer. Situated on a deep 24.9 ft x 149 ft lot, the property also benefits from two dedicated parking spaces, separate utility meters, and a low-maintenance operating profile. Tenants pay their own utilities, with the landlord responsible only for water. Located just minutes from Downtown Ottawa with convenient access to major highways, transit, shopping, restaurants, and employment centres, this is an ideal opportunity for investors seeking a turnkey income-producing asset in a strong rental market. Potential may exist for an additional dwelling unit, subject to buyer due diligence and City approvals. Unit B offers flexible occupancy, with the tenant willing to remain or provide vacant possession, making this an ideal opportunity for both investors and owner-occupants seeking supplemental rental income.
Sold data
Homes in West Centre Town — recent sold market
Homes in West Centre Town took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 56, across 132 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.
The median sale price was $608,450.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
- Median days to sell
- 28
- Median sale price
- $608,450
- Sale-to-list ratio
- 97.5%
- Sold above asking
- 14%
Based on 132 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Ottawa
Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.
- Rated schools
- 217
- Elementary
- 174
- Secondary
- 43
- Average rating
- 6.2 / 10
Top-rated schools in Ottawa
- Hopewell Avenue — elementaryFraser rating 8.5/10
- Agincourt Road — elementaryFraser rating 8.4/10
- First Avenue — elementaryFraser rating 8.4/10
- Nepean — secondaryFraser rating 8.3/10
- Elmdale — elementaryFraser rating 8.2/10
- Jean-Robert Gauthier — elementaryFraser rating 8.2/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 341 CAMBRIDGE STREET N
$1,125,000
Multiplex533,000–3,500 sqft389 DALY AVENUE, 4003 - Sandy Hill, Ottawa
$949,000
Multiplex331,500–2,000 sqft12 LEWIS STREET, 4104 - Ottawa Centre/Golden Triangle, Ottawa
$1,250,000
Multiplex531,500–2,000 sqft93 GILMOUR STREET, 4104 - Ottawa Centre/Golden Triangle, Ottawa
$1,180,000
Multiplex442,500–3,000 sqft86 FOURTH AVENUE, 4402 - Glebe, Ottawa
$1,125,000
Townhouse331,500–2,000 sqft547 ADVENTURE PRIVATE, 4604 - Mooneys Bay/Riverside Park, Ottawa
$994,000
Townhouse331,500–2,000 sqft525 ADVENTURE PRIVATE, 4604 - Mooneys Bay/Riverside Park, Ottawa
$1,049,000
Detached332,000–2,500 sqft101 ORCHESTRA WAY, 2602 - Riverside South/Gloucester Glen, Ottawa
$1,369,900
Apartment3+133,000–3,249 sqft406 - 111 ECHO DRIVE, 4408 - Ottawa East, Ottawa