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Exceptional Investment Opportunity - Turnkey Triplex + Studio in Prestigious New Edinburgh/Lindenlea. Strong income-producing asset with a 5.4% cap rate, gross income of $88,800, and NOI of $70,856, supporting approximately $1,250,000 in financing at current rates - a true money maker. Unit 1 is leased at $1,850/month + hydro, Unit 2 (vacant) offers market rent of approximately $2,500/month, Unit 3 is rented at $2,500/month + hydro, and the studio/workshop generates $550/month, providing stable income with upside. Ideally located steps to Global Affairs, Beechwood Village, and scenic pathways along the Ottawa and Rideau Rivers, and within walking distance to the ByWard Market and the Governor General's Residence. This meticulously maintained all-brick purpose-built triplex plus separate studio/workshop within a double detached garage is a turnkey investment. The lower level features a renovated 1-bedroom unit with hardwood floors and a modern 2025 bathroom, the main floor offers a bright 2-bedroom unit with refinished hardwood, renovated bath, large eat-in kitchen, and oversized deck with garden access, while the second floor includes a 2-bedroom + den + solarium unit with hardwood throughout, updated kitchen and bath, and private laundry. The insulated studio/workshop with its own electrical panel is ideal for a gym, office, or added income. Additional features include an enclosed rear staircase, shared laundry (Units 1 & 2), gas-fired hot water heating, A/C in the basement unit, tandem multi-car driveway plus garage parking, and professional painting throughout. Extensive upgrades include foundation waterproofing, roof replacement, owned hot water tanks, rebuilt rear stairs and deck, upgraded appliances, added dishwashers, new faucets, renovated bathrooms, and refinished hardwood floors. SEE LAST PHOTO FOR FULL FINANCIAL PROFILE.
RE/MAX HALLMARK REALTY GROUP
MLS®# X12751336 · Last modified 2026-04-23
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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
Listing data provided under copyright by the A00001796 and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.
Stephan Gauthier is a Broker with Real Broker Ontario Ltd., Brokerage. Each office independently owned and operated.
| Living Room | Main | 12' 2" × 15' 8" |
| Kitchen | Main | 13' × 11' 4" |
| Bedroom | Main | 11' 5" × 11' 3" |
| Bedroom | Main | 11' 4" × 11' 3" |
| Bathroom | Main | 4' 11" × 7' 4" |
| Living Room | Second | 12' 2" × 15' 9" |
| Kitchen | Second | 13' × 11' 5" |
| Bedroom | Second | 11' 3" × 11' 5" |
| Primary Bedroom | Second | 11' 5" × 11' 5" |
| Bathroom | Second | 4' 11" × 7' 4" |
| Mud Room | Second | 6' × 7' 7" |
| Solarium | Second | 15' 8" × 7' 7" |
| Living Room | Lower | 11' 8" × 15' 3" |
| Kitchen | Lower | 12' 10" × 11' |
| Bedroom | Lower | 12' 10" × 10' 11" |
| Bathroom | Lower | 4' 11" × 7' 1" |
| Utility Room | Lower | 8' 8" × 11' |
Measurements deemed reliable but not guaranteed.
Estimated monthly payment
$6,387
Down payment: $260,000 · Loan: $1,040,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.