446 Cambridge Street
Dows Lake - Civic Hospital and Area, ON
- 4 bed
- 3 bath
- approx. 1500-2000 sqft
- Triplex
Prime Glebe/Little Italy 5.5 CAP: Triplex 446 Cambridge Street South, Ottawa. Discover exceptional income potential in one of Ottawas most walkable and vibrant neighbourhoods. Perfectly situated between the Glebe and Little Italy, this property is steps from 24/7 conveniences such as McDonalds, Tim Hortons, grocery and convenience stores, and direct bus service to Carleton University and University of Ottawa. The O-Train, boutique shops, diverse restaurants, and the natural beauty of Dows Lake and Commissioners Park are all within a short stroll. This quiet, well-maintained triplex features: Two one-bedroom apartments and one two-bedroom apartment, each with in-unit laundry and fully occupied. Recent upgrades that enhance value and reduce maintenance:Tankless on-demand hot water system (2025),New roof (2023), Fresh asphalt paving (2025), Updated kitchens, bathrooms, and flooring (2022), Furnace and AC 2019. The thoughtfully designed layout appeals to young professionals, students, and urban dwellers, ensuring strong rental demand year after year. Nearby highlights include Dows Lake Pavilion, Lansdowne Park, and Preston Streets dining district, plus quick access to Carleton University, University of Ottawa, and Algonquin College.Whether you're looking to expand your investment portfolio or live in one unit while earning income from the others, this Triplex delivers long-term stability, modern efficiencies, and a location that remains one of Ottawas most desirable. ***Some photos are digitally Staged***Financials available upon request. Driveway parking for 2 small cars.
Listing Details
- Taxes (2025)
- $5,585
- Originally Listed
- $824,900
- Listed
- September 13, 2025
Price History
Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- On Demand Water Heater
- Lot Size
- 23.33 x 64 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Plymouth
- Parcel Number
- 041040271
- Possession
- Flexible
- Occupancy
- Tenant
Schools
Secondary
- Glebe Collegiate Institute0.5 km
Public · Ottawa-Carleton DSB · 1315 students
Grade 10 literacy: 93% met the provincial standard
- Adult High School0.6 km
Public · Ottawa-Carleton DSB · 1010 students
- Richard Pfaff Secondary Alternate Site0.7 km
Public · Ottawa-Carleton DSB · 225 students
Elementary
- St Anthony Elementary School0.6 km
Catholic · Ottawa CSB · 105 students
Grade 3 reading: 100% met the provincial standard
- Cambridge Street Community Public School0.6 km
Public · Ottawa-Carleton DSB · 95 students
Grade 6 math: 23% met the provincial standard
- Richard Pfaff Intermediate School0.7 km
Public · Ottawa-Carleton DSB
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K1S
- Population
- 31,257
- Private dwellings
- 15,662
- Median age
- 39.2
- Average household size
- 2.1
- Median household income
- $106,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Dows Lake - Civic Hospital and Area · last 12 months
- Median sold price
- $647,550
- Homes sold
- 130
- Median days on market
- 22
- Sale-to-list price
- 97.9%
Based on 130 recorded sales of residential freehold properties in Dows Lake - Civic Hospital and Area over the last 12 months.
Listed by
EXP REALTY
Walk Score
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Location
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Mortgage Calculator
$147,998
Estimated Monthly Payment
$3,635
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $3,635/mo (20% down, 5.5%)
Taxes: $465/mo · Insurance: $185/mo
Estimates only. Consult a financial advisor.
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