341 Cambridge Street N
341 Cambridge Street N
$1,139,000
29 days on market
About This Listing
Modern turnkey legal triplex in the heart of West Centre Town offering a rare combination of quality construction, stable income, and long-term investment potential. Fully occupied with reliable tenants, this well-maintained property features three self-contained one-bedroom loft-style residences generating approximately $65,252 in annual gross income. Each unit offers soaring 11-foot ceilings, oversized windows providing exceptional natural light, modern vinyl flooring, stylish kitchens with quartz countertops, and convenient in-suite laundry. All units include a refrigerator, stove, washer, and dryer. Situated on a deep 24.9 ft x 149 ft lot, the property also benefits from two dedicated parking spaces, separate utility meters, and a low-maintenance operating profile. Tenants pay their own utilities, with the landlord responsible only for water. Located just minutes from Downtown Ottawa with convenient access to major highways, transit, shopping, restaurants, and employment centres, this is an ideal opportunity for investors seeking a turnkey income-producing asset in a strong rental market. Potential may exist for an additional dwelling unit, subject to buyer due diligence and City approvals. Unit B offers flexible occupancy, with the tenant willing to remain or provide vacant possession, making this an ideal opportunity for both investors and owner-occupants seeking supplemental rental income.
| Monthly Mortgage (P&I) | $4,963 |
| Property Tax (MLS) | $612 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $5,574 |
Down payment: $227,800 (20.0%) · Mortgage: $911,200
Property tax uses MLS annual tax of $7,341/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by FIRST CLASS REALTY INC.
Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.
IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.
Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.
MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.
Data last updated: August 23, 2026 at 10:25 a.m.