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389 Daly Avenue, Ottawa, ON

Name: 389 Daly Avenue, For Sale in Ottawa - eXp Realty
Brand: SLEEPWELL REALTY GROUP LTD
SKU: X13425212
Price: 1190000 CAD

House

For Sale

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532

MLS® X13425212

Key Facts
Description
Rooms
Map

Key Facts

Type Triplex

Levels Residential Income

Size -

Garage Yes

Taxes $9,687

Days Active 0

Lot Size

Approx. Age

MLS® Number X13425212

Property Address: 389 Daly Avenue, Ottawa, ON, K1N6H1

Average square foot calculated using Size range provided by listing agent.

Description

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, a premium 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. A rare advantage for buyers is that Units 1 and 2 are expected to be vacant as of August 1st, providing flexibility to occupy, renovate, increase rents, accommodate extended family, or create an attractive owner-occupier opportunity. The upper unit is particularly impressive, featuring 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 and vacant possession of Units 1 and 2 anticipated for August 1st, this property offers exceptional flexibility for investors and owner-occupiers alike. A rare opportunity to acquire a character-filled income property with strong fundamentals and future upside in the heart of Ottawa. (id:58753)Show Description

MLS® NumberX13425212

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age

BasementUnfinished, N/A

DrivewayNo Garage

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

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$XXX,XXXSold Price

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$XXX,XXXList Price

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Home Appraisal

This property is estimated to sell between: $988,000 and $1,291,000.

Similar properties in this area sold on average for: $988,375

Expected to sell in 28 days. Similar properties sold in 28 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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