216 Carillon Street, Ottawa
Turn-key legal triplex built in 2014, exceptionally well maintained and ideally located in the heart of Vanier. Offering the perfect combination of modern construction, strong tenants, excellent functionality, and future upside, this property is an ideal opportunity for investors looking for a low-maintenance income-producing asset. Each of the three self contained units features its own hydro meter, furnace, central air conditioning, and in-unit laundry, and water heater(all 3 water heaters replaced in 2025) while the property also offers three surfaced parking spaces. The current tenants are excellent and pay all utilities, with the landlord responsible only for water-helping keep operating costs low and cash flow strong. Current monthly rents are $2,050 , $2,150, and $1,990, providing a solid income base with additional potential for future rental growth. The property has been exceptionally well maintained and features durable ceramic and laminate flooring throughout, making it a true turnkey investment with little to do beyond managing the tenancy. Located just minutes from downtown Ottawa, with convenient access to transit, major roadways, shopping, restaurants, parks, and a growing selection of local amenities, Vanier continues to attract residents and investment. Just a one-minute walk from the newly announced Vanier Recreation Centre and community hub planned for 250 Montréal Road, adding an exciting new amenity right at the property's doorstep. The property's modern build, separate utilities, individual laundry facilities, parking, and strong tenant profile make this a particularly attractive package in today's market. Washer and Dryer in unit 2 were replaced in 2025. Annual Operating Income: $74,291.36. Annual Operating Expenses: $15,534.47. Net Operating Income (NOI): $58,756.93. Cap Rate: 4.92%. 24-hour irrevocable on all offers. Some images have been virtually staged. (id:1945)
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Property details for 216 Carillon Street, Ottawa
- Type
- Multi-family
- Bedrooms
- 6
- Bathrooms
- 3
- Lot Size
- 31 x 88.4 FT
- Stories
- 2
- Basement
- Finished, N/A
- Parking
- No Garage
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Vinyl siding
- Annual Taxes
- $7,297 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 216 Carillon Street
Active Listings
11
Min Price
$675,000
Max Price
$1,195,000
Avg Price
$882,982
Days on Market
60
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Ottawa, Ontario
Population
501
Median Age
39.4
Median Income
$23,765
Dwelling Value
$348,854
Housing Tenure
Owners 30%
Renters 70%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.9
Pop. Density: 6,162.4/km²
Avg Shelter Cost: $1,444/mo
Owners with Mortgage: 62.5%
Owners Spending 30%+: 29.4%
Tenants Spending 30%+: 52.8%
English only: 48%
French only: 3%
English and French: 47%
Neither: 1%
Median Household Income: $41,984
Median Employment Income: $29,056
Price History
Listed
October 5, 2026
by FAULKNER REAL ESTATE LTD.
Current Price
$1,195,000
Type
Multi-family
For Sale
Contact Agent Get in touch about 216 Carillon Street, Ottawa
Thomas Wolff
FAULKNER REAL ESTATE LTD.
