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5 Beds
3 Baths

C$1,225,000

331 Flora Street, Ottawa Centre ON, K1R 5S1

Property typeMulti-family

Overview

Active

Price Change

Listed Aug 28, 2026

Updated 2 weeks ago

This turn-key fully tenanted triplex sits in the heart of Ottawa Centre, with two spacious 2-bedroom units and one 1-bedroom unit, each finished with hardwood floors throughout and good in-unit storage. A newer boiler system anchors the mechanicals, and separate meters mean each tenant covers their own hydro. Combined rents bring in $6,404.61 a month, or $76,855.32 a year, with parking for three vehicles at the rear included as part of rent. Annual operating expenses $16,334. Flora Street is steps from direct transit to Carleton University, minutes from downtown and the Elgin Street strip, with easy access to the 417. This stretch of Centretown stays consistently rented. Laundry and utility with inside access. 24 hour irrevocable required on all offers, with Schedule B to accompany.

Additional information

MLS® ID
X13722170

Interior Features

Bedrooms
5
Bathrooms
3
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$8,123
Tax Frequency
Annually

 

Courtesy of Listed by , ROYAL LEPAGE TEAM REALTY,

Based on information from the Toronto Regional Real Estate Board. 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. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 2:22 AM UTC, 9/25/2026

 

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