1312 Avenue R Avenue
Alta Vista and Area, ON
- 6 bed
- 3 bath
- approx. 1100-1500 sqft
- Triplex
Attention investors & multi-generational families! With 3 seperate units, this turnkey property ticks all the boxes for both Owner occupiers or investors looking for SIGNIFICANT CASH FLOW! Location is unbeatable: a 2-minute walk to the LRT plugs you directly into Ottawa's transit vein, reaching downtown Parliament, Ottawa U, and La Cité in less than 15 minutes. Daily errands are a breeze with Trainyards retail hub just a 10-minute walk away, putting every possible amenity at your doorstep. The Home features a bright 3-bed, 1-bath upper unit and a spacious 2-bed, 1-bath lower unit. The detached in-law suite offers a private, separate 1-bed, 1-bath layout with 36 Inch Doors and Walk in Shower. Extensive recent updates within the last year leave absolutely nothing to do: enjoy brand-new flooring, gorgeous quartz countertops, modern backsplashes, fresh paint, and updated lighting throughout. The exterior boasts a massive parking area for up to 5 vehicles and premium 50-year shingles for ultimate peace of mind and low maintenance reserves. Whether you are looking to house an extended family with total independence, live in one unit while letting tenants pay the mortgage, or add a high-yielding asset with multiple revenue streams to your portfolio, this property delivers on every front. Don't miss out on one of the city's most convenient transit-oriented pockets. Rents Unit A (Tenants Just vacated $2500+Hydro) Unit B ($2300+Hydro) Unit C ($1975-All Inclusive) Property operating ABOVE a 7% Cap Rate at asking Price. 24 Hour Notice for Showings and 24 Hour Irrevocable on All Offers.
Listing Details
- Taxes (2025)
- $5,960
- Originally Listed
- $999,900
- Listed
- May 21, 2026
Price History
Listing history
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Property
- Style
- Bungalow-Raised
- Age
- 51-99
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Carpet Free, Separate Heating Controls, Separate Hydro Meter, Water Heater Owned
- Lot Size
- 65 x 90 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 5
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Tremblay Rd to Avenue R Ave.
- Zoning
- R2J
- Parcel Number
- 042560099
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- 3 Fridges, 3 Stoves, 3 Washers, 3 Dryers, 3 HWT
- Exclusions
- Tenants Belongings
- Rental Items
- None
Schools
Elementary
- Queen Mary Street Public School0.9 km
Public · Ottawa-Carleton DSB · 195 students
Grade 3 reading: 35% met the provincial standard · Grade 6 math: 6% met the provincial standard
- St Michael Elementary School1.2 km
Catholic · Ottawa CSB · 175 students
Grade 3 reading: 62% met the provincial standard · Grade 6 math: 41% met the provincial standard
- Riverview Alternative School1.7 km
Public · Ottawa-Carleton DSB · 200 students
Grade 3 reading: 52% met the provincial standard · Grade 6 math: 8% met the provincial standard
Secondary
- Ottawa Technical Secondary School1.2 km
Public · Ottawa-Carleton DSB · 330 students
Grade 10 literacy: 48% met the provincial standard
- École secondaire catholique Franco-Cité2 km
French Catholic · CSDC du Centre-Est de l'Ontario · 1010 students
Grade 10 literacy: 92% met the provincial standard
- Hillcrest High School2.2 km
Public · Ottawa-Carleton DSB · 460 students
Grade 10 literacy: 83% met the provincial standard
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 K1G
- Population
- 35,074
- Private dwellings
- 15,333
- Median age
- 38.8
- Average household size
- 2.3
- Median household income
- $83,000
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 Alta Vista and Area · last 12 months
- Median sold price
- $720,000
- Homes sold
- 267
- Median days on market
- 16
- Sale-to-list price
- 98.6%
Based on 267 recorded sales of residential freehold properties in Alta Vista and Area over the last 12 months.
Listed by
BENNETT PROPERTY SHOP REALTY
Walk Score
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Location
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Mortgage Calculator
$186,980
Estimated Monthly Payment
$4,593
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: $4,593/mo (20% down, 5.5%)
Taxes: $497/mo · Insurance: $234/mo
Estimates only. Consult a financial advisor.
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