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388 Winston Avenue

388 Winston Avenue

Carlingwood - Westboro and Area, ON

  • 6 bed
  • 3 bath
  • approx. 1500-2000 sqft
  • Triplex
$1,550,000

Exceptional investment opportunity in the heart of Westboro! This income-generating triplex features three spacious 2-bedroom, 1-bathroom units, each with updated kitchens and bathrooms, functional layouts, and the convenience of in-unit laundry. Each unit is individually metered for hydro and gas, offering added convenience and potential savings for ownership. With three separate units and three parking spaces, this property offers excellent income potential and an opportunity to build long-term wealth in one of Ottawa's most desirable rental markets. The well-designed floor plans and sought-after two-bedroom configurations appeal to a broad range of tenants. Ideally located steps from Westboro's trendy shops, restaurants, cafés, parks, and convenient transit, this property combines a prime location with strong rental appeal. An excellent opportunity to expand your investment portfolio in a highly desirable Ottawa neighbourhood!

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Listing Details

Taxes (2026)
$9,961
Listed
October 20, 2026

Price History

Property

Style
2-Storey
Construction
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation
Poured Concrete
Interior
Separate Hydro Meter, Separate Heating Controls
Lot Size
33.01 x 90.12 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
3

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Winston Ave and Madison Ave
Parcel Number
040170220
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
3x fridges, 3x stove, 3x washer, 3x dryer, 2x dishwasher, 2x hot water tank, 2x furnace, 2x a/c
Rental Items
1 Hot Water Tank

Schools

Elementary

  • Churchill Alternative School0.3 km

    Public · Ottawa-Carleton DSB · 200 students

    Grade 3 reading: 93% met the provincial standard · Grade 6 math: 62% met the provincial standard

  • Broadview Public School1 km

    Public · Ottawa-Carleton DSB · 865 students

    Grade 3 reading: 87% met the provincial standard · Grade 6 math: 53% met the provincial standard

  • Hilson Avenue Public School1 km

    Public · Ottawa-Carleton DSB · 250 students

    Grade 3 reading: 87% met the provincial standard · Grade 6 math: 59% met the provincial standard

Secondary

  • Nepean High School0.9 km

    Public · Ottawa-Carleton DSB · 1270 students

    Grade 10 literacy: 94% met the provincial standard

  • Notre Dame High School1.5 km

    Catholic · Ottawa CSB · 430 students

    Grade 10 literacy: 83% met the provincial standard

  • St Nicholas Adult High School2.3 km

    Catholic · Ottawa CSB · 620 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 K2A

Population
17,156
Private dwellings
7,738
Median age
47.2
Average household size
2.2
Median household income
$105,000

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 Carlingwood - Westboro and Area · last 12 months

Median sold price
$1,069,950
Homes sold
138
Median days on market
22
Sale-to-list price
98.4%

Based on 138 recorded sales of residential freehold properties in Carlingwood - Westboro and Area over the last 12 months.

Listed by

RE/MAX HALLMARK REALTY GROUP

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$310,000

Estimated Monthly Payment

$7,615

Land transfer tax

Estimated land transfer tax$27,475

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: $7,615/mo (20% down, 5.5%)

Taxes: $830/mo · Insurance: $388/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions The well-designed floor plans and sought-after two-bedroom configurations appeal to a broad range of tenants.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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