331 Flora Street
Ottawa Centre, ON
- 5 bed
- 3 bath
- approx. 2000-2500 sqft
- Triplex
- 21 days on market
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 and gas. 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.
Listing Details
- Taxes (2025)
- $8,123
- Originally Listed
- $1,325,000
- Listed
- August 27, 2026
Price History
Property
- Style
- 3-Storey
- Construction
- Brick
- Roof
- Membrane
- Foundation
- Block
- Interior
- Carpet Free
- Lot Size
- 33 x 99 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 3
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Bronson
- Parcel Number
- 041220187
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Exclusions
- tenant possessions
Schools
Elementary
- Cambridge Street Community Public School0.3 km
Public · Ottawa-Carleton DSB · 95 students
Grade 6 math: 23% met the provincial standard
- Richard Pfaff Intermediate School0.3 km
Public · Ottawa-Carleton DSB
- St Anthony Elementary School0.5 km
Catholic · Ottawa CSB · 105 students
Grade 3 reading: 100% met the provincial standard
Secondary
- Richard Pfaff Secondary Alternate Site0.3 km
Public · Ottawa-Carleton DSB · 225 students
- Glebe Collegiate Institute0.7 km
Public · Ottawa-Carleton DSB · 1315 students
Grade 10 literacy: 93% met the provincial standard
- Adult High School0.7 km
Public · Ottawa-Carleton DSB · 1010 students
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 Ottawa Centre · last 12 months
- Median sold price
- $442,500
- Homes sold
- 375
- Median days on market
- 33
- Sale-to-list price
- 97.0%
Based on 375 recorded sales of residential freehold properties in Ottawa Centre over the last 12 months.
Rooms
3 × 4-piece
Third
- Bedroom10'2" x 12'2"
- Bedroom 210'7" x 15'7"
- Dining Room10'2" x 7'8"
- Family Room14' x 11'11"
- Kitchen10'2" x 10'2"
Second
- Bedroom10'6" x 11'7"
- Bedroom 210'3" x 15'
- Dining Room10'6" x 7'7"
- Family Room14' x 12'7"
- Kitchen10'6" x 10'2"
Ground
- Bedroom10'1" x 11'
- Dining Room10'1" x 7'10"
- Family Room14' x 12'9"
- Kitchen10' x 10'6"
- Laundry10'8" x 14'8"
- Utility Room7'3" x 10'11"
Basement
- Laundry
Listed by
ROYAL LEPAGE TEAM REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$255,000
Estimated Monthly Payment
$6,264
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
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $6,264/mo (20% down, 5.5%)
Taxes: $677/mo · Insurance: $319/mo
Estimates only. Consult a financial advisor.
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