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446 Cambridge Street

4502 - West Centre Town / Dows Lake - Civic Hospital and Area, ON K1S 4H7

ActiveFor Sale
4 Beds
3 Baths
1,500 Sq Ft
1,493 Lot Sq Ft
Multi-Family

About This Property

Prime Glebe/Little Italy 5.5 CAP: Triplex 446 Cambridge Street South, Ottawa. Discover exceptional income potential in one of Ottawas most walkable and vibrant neighbourhoods. Perfectly situated between the Glebe and Little Italy, this property is steps from 24/7 conveniences such as McDonalds, Tim Hortons, grocery and convenience stores, and direct bus service to Carleton University and University of Ottawa. The O-Train, boutique shops, diverse restaurants, and the natural beauty of Dows Lake and Commissioners Park are all within a short stroll. This quiet, well-maintained triplex features: Two one-bedroom apartments and one two-bedroom apartment, each with in-unit laundry and fully occupied. Recent upgrades that enhance value and reduce maintenance:Tankless on-demand hot water system (2025),New roof (2023), Fresh asphalt paving (2025), Updated kitchens, bathrooms, and flooring (2022), Furnace and AC 2019. The thoughtfully designed layout appeals to young professionals, students, and urban dwellers, ensuring strong rental demand year after year. Nearby highlights include Dows Lake Pavilion, Lansdowne Park, and Preston Streets dining district, plus quick access to Carleton University, University of Ottawa, and Algonquin College.Whether you're looking to expand your investment portfolio or live in one unit while earning income from the others, this Triplex delivers long-term stability, modern efficiencies, and a location that remains one of Ottawas most desirable. ***Some photos are digitally Staged***Financials available upon request. Driveway parking for 2 small cars.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size1,500 sq ft
Lot Size1,493 sq ft
Bedrooms4
Bathrooms3
Postal CodeK1S 4H7
Last UpdatedAug 8, 2026 · 7:43 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12402102

Listed by EXP REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$739,988

asking price

MLS®X12402102
TypeMulti-Family
CityDows Lake - Civic Hospital and Area
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$3,613

/month · $591,990 mortgage

Down Payment20% — $147,998
Interest Rate5.5%

Amortization

Total Interest

$492,047

Total Cost

$1,084,037

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

EXP REALTY