Salehian.com 647-325-5000

389 Daly Avenue

4003 - Sandy Hill, Lower Town - Sandy Hill, K1N 6H1

$1,125,000

Reduced $65,000 from $1,190,000

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  • 5 bedrooms
  • 3 bathrooms
  • 2 parking
  • 3000-3500 sq ft

Listed 132 days ago · MLS® X13425212

About this home

Exceptional investment and owner-occupier opportunity featuring a desirable unit mix of two 1-bedroom suites and one spacious 3-bedroom suite, generating nearly $82,000 in annual gross rental income. Located in the heart of Sandy Hill, one of Ottawa's most sought-after rental markets, this well-maintained brick triplex is steps from the University of Ottawa, Strathcona Park, the Rideau River, downtown amenities, transit, restaurants, shopping, and entertainment. The property features a ground-floor 1-bedroom suite, an impressive 2-storey upper 3-bedroom suite with a large private balcony, and a rear-entry 2-storey 1-bedroom suite. All units offer in-suite laundry, while the property includes 2 on-site parking spaces. Unit 1 is currently vacant, providing valuable flexibility for a buyer to renovate and reposition the suite, increase future rental income, or occupy the unit themselves. The upper 3-bedroom suite is a standout feature of the property, offering exposed brick walls, hardwood flooring, spacious principal rooms, a bright open-concept layout, and a private balcony rarely found in income properties. Significant capital improvements include a new shingle roof in 2026 (flat roof age unknown, but membrane is in good condition), replacement of the main plumbing stack from the top floor to the basement, and a major foundation stabilization project along the driveway side. The work included excavation, foundation reinforcement, steel piling, waterproofing, drainage improvements, and restoration, representing a substantial investment in the property's long-term integrity. With separately metered hydro for each unit, strong existing rental income, and the added upside of a vacant 1-bedroom suite, this property offers an excellent combination of immediate income and future potential. A rare opportunity to acquire a character-filled income property with strong fundamentals and flexibility in the heart of Ottawa.

Details

Type
Triplex
Style
3-Storey
Size
3000-3500 sq ft
Lot
26.42 × 99 ft
Basement
Unfinished
Garage
None
Kitchens
3
Property tax
$9,687 (2025)
Neighbourhood
4003 - Sandy Hill
Municipality
Lower Town - Sandy Hill

Interior

Bedrooms
5 above ground
Bathrooms
1 × 4-piece (main), 1 × 4-piece (third), 1 × 4-piece (second)
Rooms
15 above ground
Family room or den
No
Fireplace
No
Features
Carpet Free, Separate Hydro Meter, Water Heater Owned

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Wall Unit(s)
Water and sewer
Sewer

Building and exterior

Style
3-Storey
Exterior
Brick
Roof
Asphalt Shingle, Flat, Membrane
Foundation
Stone
Faces
North

Parking

Total parking
2
Driveway and parking
Private Double, Reserved/Assigned

Lot

Size
26.42 × 99 ft

More

Possession
Flexible
Cross street
Daly & Cobourg

Rooms

RoomLevelSizeFeatures
Living RoomMain4.22 × 3.44 m (13'10" × 11'3")
KitchenMain3.31 × 2.46 m (10'10" × 8'1")
BedroomMain4.22 × 3.13 m (13'10" × 10'3")
BathroomMain1.6 × 2.98 m (5'3" × 9'9")
Living RoomSecond4.25 × 4.46 m (13'11" × 14'8")
Dining RoomSecond4.25 × 2.86 m (13'11" × 9'5")
KitchenSecond4.87 × 3.34 m (16' × 10'11")
BedroomThird5.34 × 4.46 m (17'6" × 14'8")
BedroomThird3.76 × 3.06 m (12'4" × 10')
BedroomThird4.69 × 4.43 m (15'5" × 14'6")
BathroomThird2.49 × 3.3 m (8'2" × 10'10")
Living RoomGround2.73 × 4.08 m (8'11" × 13'5")
Dining RoomGround1.68 × 2.93 m (5'6" × 9'7")
KitchenGround3.54 × 2.96 m (11'7" × 9'9")
BedroomSecond3.77 × 4.89 m (12'4" × 16'1")
BathroomSecond1.97 × 2.42 m (6'6" × 7'11")

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚇 uOttawa LRT1.3 km
  • 🚇 Rideau LRT1.3 km

Within a 10-minute walk: 3 grocery stores, 51 cafés and restaurants, 10 parks, 9 pharmacies. Nearest grocery: Loblaws (600 m). Nearest park: MacDonald Gardens Park (350 m).

Schools nearby

Elementary

  • École élémentaire catholique Sainte-Anne Catholic · French
    EQAO: Gr 6 reading 100%, math 81%    7 min walk
  • York Street Public School
    EQAO: Gr 6 reading 65%, math 20%    8 min walk
  • École Notre-Dame du Mont Carmel French · Private9 min walk
  • École élémentaire publique Mauril-Bélanger French
    EQAO: Gr 6 reading 79%, math 30%    12 min walk

Secondary

  • École secondaire publique De la Salle French12 min walk
  • MacDonald-Cartier Academy Private16 min walk
  • Éducation sans frontiers - éte1.2 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1N

Owners / renters
24% / 76%
Median household income
$64,000
Average age
40
Children under 15
9%
Homes
4% detached, 49% high-rise
Commute by transit
23%
Population
26,639

Languages spoken most at home besides English: Mandarin 1.5%, Arabic 1.3%, Spanish 0.9%, Somali 0.6%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 2 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by SLEEPWELL REALTY GROUP LTD.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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