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341 Cambridge Street

341 Cambridge Street

West Centre Town, ON

  • 3 bed
  • 3 bath
  • approx. 1500-2000 sqft
  • Triplex
  • 94 days on market
$1,139,000

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.

Listing Details

Taxes (2025)
$7,341
Listed
June 12, 2026

Price History

Listing history

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Property

Style
3-Storey
Construction
Vinyl Siding, Wood
Roof
Flat
Foundation
Poured Concrete
Interior
None
Lot Size
26.5 x 149 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
2

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Bronson & Arlington
Zoning
Unassigned, R4T
Parcel Number
041050152
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
All existing appliances, including fridge, stove, washer, and dryer.
Exclusions
N/A

Schools

Elementary

  • Cambridge Street Community Public School0.3 km

    Public · Ottawa-Carleton DSB · 95 students

    Grade 6 math: 23% met the provincial standard

  • St Anthony Elementary School0.4 km

    Catholic · Ottawa CSB · 105 students

    Grade 3 reading: 100% met the provincial standard

  • Richard Pfaff Intermediate School0.4 km

    Public · Ottawa-Carleton DSB

Secondary

  • Richard Pfaff Secondary Alternate Site0.4 km

    Public · Ottawa-Carleton DSB · 225 students

  • Adult High School0.5 km

    Public · Ottawa-Carleton DSB · 1010 students

  • Glebe Collegiate Institute0.7 km

    Public · Ottawa-Carleton DSB · 1315 students

    Grade 10 literacy: 93% 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 K1R

Population
20,343
Private dwellings
12,836
Median age
36
Average household size
1.7
Median household income
$74,000

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 West Centre Town · last 12 months

Median sold price
$675,000
Homes sold
173
Median days on market
20
Sale-to-list price
98.0%

Based on 173 recorded sales of residential freehold properties in West Centre Town over the last 12 months.

Listed by

FIRST CLASS REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$227,800

Estimated Monthly Payment

$5,596

Land transfer tax

Estimated land transfer tax$19,255

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

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $5,596/mo (20% down, 5.5%)

Taxes: $612/mo · Insurance: $285/mo

Estimates only. Consult a financial advisor.

R

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