388 Winston Avenue
FOR SALE
$1,550,000
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6
BEDROOMS 3
BATHROOMS 3
KITCHENS 20
ROOMS X14101292
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Property Description
Exceptional investment opportunity in the heart of Westboro! This income-generating triplex features three spacious 2-bedroom, 1-bathroom units, each with updated kitchens and bathrooms, functional layouts, and the convenience of in-unit laundry. Each unit is individually metered for hydro and gas, offering added convenience and potential savings for ownership. With three separate units and three parking spaces, this property offers excellent income potential and an opportunity to build long-term wealth in one of Ottawa's most desirable rental markets. The well-designed floor plans and sought-after two-bedroom configurations appeal to a broad range of tenants. Ideally located steps from Westboro's trendy shops, restaurants, cafés, parks, and convenient transit, this property combines a prime location with strong rental appeal. An excellent opportunity to expand your investment portfolio in a highly desirable Ottawa neighbourhood!
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Property Features
Public Transit, School, Separate Hydro Meter, Separate Heating Controls, Smoke Detector, Natural Gas, Living Room
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Property Details
Address
388 Winston Avenue
Community
Postal Code
K2A 1Y5
Property Type
Triplex, Triplex
Lot Size
33' x 90'
Taxes
$9,961 (2026
Basement
Full, Finished
Exterior
Deck
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Re/Max Hallmark Realty Group
Discover an excellent investment opportunity in sought-after Westboro! This all-brick property features three permitted, self-contained two-bedroom residential units, offering an attractive combination of location, rental income, and long-term investment potential. With approximately $81,600 in seller-reported annual gross rental income, the property presents an opportunity for investors seeking an established rental property or owner-occupiers looking to benefit from additional rental income. The building consists of a legal duplex complemented by a permitted basement secondary dwelling unit. The basement suite features a simpler, more functional finish than the upper apartments, adding versatility to the property's rental configuration. Situated on a 49.02' x 66' lot, the property features separate hydro meters, air conditioning, two driveways, coin-operated laundry, a six-camera surveillance system with DVR and a storage shed. Recent reported improvements include heating equipment, windows, electrical and plumbing upgrades, and renovations to the upper apartments. Enjoy a prime Westboro location close to shopping, restaurants, schools, public transit, parks and recreational amenities. An established multi-unit income property in one of Ottawa's most desirable neighbourhoods. Financial and property information available for review.
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