1312 Avenue R Avenue, Alta Vista and Area
For sale · $934,900
6 beds · 3 baths · Triplex · 1100-1500 sq ft
About this home
Attention investors & multi-generational families! With 3 separate units, this turnkey property ticks all the boxes for both Owner occupiers or investors looking for SIGNIFICANT CASH FLOW! Location is unbeatable: a 2-minute walk to the LRT plugs you directly into Ottawa's transit vein, reaching downtown Parliament, Ottawa U, and La Cité in less than 15 minutes. Daily errands are a breeze with Trainyards retail hub just a 10-minute walk away, putting every possible amenity at your doorstep. The Home features a bright 3-bed, 1-bath upper unit and a spacious 2-bed, 1-bath lower unit. The detached in-law suite offers a private, separate 1-bed, 1-bath layout with 36 Inch Doors and Walk in Shower. Extensive recent updates within the last year leave absolutely nothing to do: enjoy updated flooring, gorgeous quartz countertops, modern backsplashes, fresh paint, and updated lighting throughout. The exterior boasts a massive parking area for up to 5 vehicles and premium 50-year shingles for ultimate peace of mind and low maintenance reserves. Whether you are looking to house an extended family with total independence, live in one unit while letting tenants pay the mortgage, or add a high-yielding asset with multiple revenue streams to your portfolio, this property delivers on every front. Don't miss out on one of the city's most convenient transit-oriented pockets. Rents Unit A (Tenants Just vacated $2500+Hydro) Unit B ($2300+Hydro) Unit C ($1975-All Inclusive) Property operating ABOVE a 7% Cap Rate at asking Price.
Listing details
- MLS® number: X13826674
- Listed on September 24, 2026
- 20 photos
Listing brokerage: BENNETT PROPERTY SHOP REALTY
See every photo, drive times from your places, the neighbourhood and nearby schools in the Dibz app. Sold prices and listing history are for signed-in members.
MLS® listing data by PropTx under licence from TRREB, deemed reliable but not guaranteed accurate by PropTx. Operated by HighPoint Homes Realty, Brokerage.