389 Daly Avenue Ottawa, Ontario K1N 6H1
$1,125,000
Exceptional investment and owner-occupier opportunity featuring a desirable unit mix of two 1-bedroom suites and one spacious 3-bedroom suite, generating nearly $82,000 in annual gross rental income. Located in the heart of Sandy Hill, one of Ottawa's most sought-after rental markets, this well-maintained brick triplex is steps from the University of Ottawa, Strathcona Park, the Rideau River, downtown amenities, transit, restaurants, shopping, and entertainment. The property features a ground-floor 1-bedroom suite, an impressive 2-storey upper 3-bedroom suite with a large private balcony, and a rear-entry 2-storey 1-bedroom suite. All units offer in-suite laundry, while the property includes 2 on-site parking spaces. Unit 1 is currently vacant, providing valuable flexibility for a buyer to renovate and reposition the suite, increase future rental income, or occupy the unit themselves. The upper 3-bedroom suite is a standout feature of the property, offering exposed brick walls, hardwood flooring, spacious principal rooms, a bright open-concept layout, and a private balcony rarely found in income properties. Significant capital improvements include a new shingle roof in 2026 (flat roof age unknown, but membrane is in good condition), replacement of the main plumbing stack from the top floor to the basement, and a major foundation stabilization project along the driveway side. The work included excavation, foundation reinforcement, steel piling, waterproofing, drainage improvements, and restoration, representing a substantial investment in the property's long-term integrity. With separately metered hydro for each unit, strong existing rental income, and the added upside of a vacant 1-bedroom suite, this property offers an excellent combination of immediate income and future potential. A rare opportunity to acquire a character-filled income property with strong fundamentals and flexibility in the heart of Ottawa. (id:67947)
Property Details
| MLS® Number | X13425212 |
| Property Type | Multi-family |
| Community Name | 4003 - Sandy Hill |
| Features | Carpet Free |
| Parking Space Total | 2 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 3,000 - 3,500 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 99 Ft |
| Size Frontage | 26 Ft ,4 In |
| Size Irregular | 26.4 X 99 Ft |
| Size Total Text | 26.4 X 99 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.77 m | 4.89 m | 3.77 m x 4.89 m |
| Second Level | Bathroom | 1.97 m | 2.42 m | 1.97 m x 2.42 m |
| Second Level | Living Room | 4.25 m | 4.46 m | 4.25 m x 4.46 m |
| Second Level | Dining Room | 4.25 m | 2.86 m | 4.25 m x 2.86 m |
| Second Level | Kitchen | 4.87 m | 3.34 m | 4.87 m x 3.34 m |
| Third Level | Bathroom | 2.49 m | 3.3 m | 2.49 m x 3.3 m |
| Third Level | Bedroom | 5.34 m | 4.46 m | 5.34 m x 4.46 m |
| Third Level | Bedroom | 3.76 m | 3.06 m | 3.76 m x 3.06 m |
| Third Level | Bedroom | 4.69 m | 4.43 m | 4.69 m x 4.43 m |
| Main Level | Living Room | 4.22 m | 3.44 m | 4.22 m x 3.44 m |
| Main Level | Kitchen | 3.31 m | 2.46 m | 3.31 m x 2.46 m |
| Main Level | Bedroom | 4.22 m | 3.13 m | 4.22 m x 3.13 m |
| Main Level | Bathroom | 1.6 m | 2.98 m | 1.6 m x 2.98 m |
| Ground Level | Living Room | 2.73 m | 4.08 m | 2.73 m x 4.08 m |
| Ground Level | Dining Room | 1.68 m | 2.93 m | 1.68 m x 2.93 m |
| Ground Level | Kitchen | 3.54 m | 2.96 m | 3.54 m x 2.96 m |
https://www.realtor.ca/real-estate/29881981/389-daly-avenue-ottawa-4003-sandy-hill
Interested in this property?
Nicolas SigounisREALTOR® · EXIT Realty Matrix, BrokerageBook a private showing or ask anything about this home. Nicolas will get back to you quickly.
Call or text 613.859.9331Book a showingEmail NicolasListing courtesy of Adam Pearce, Sleepwell Realty Group Ltd · Angie Pearce, Sleepwell Realty Group Ltd
Ask Nicolas about this property
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 29 2026 12:51:27
Ottawa Real Estate Board
Sleepwell Realty Group Ltd