For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Ottawa · Vanier

703 Morgan Street

Triplex

MLS® #X13822468

Listed for$899,9002 days on market

6+1 bed 3 bath 8 parking 2000-2500 sq ft~$400/sq ft

New this week
Transit stop ~239.9 km

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Is $899,900 a fair price?

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Est. all-in monthly~$4,687/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

0 schools within ~1 km · nearest transit stop ~239.87 km

Property information

What house buyers ask first

Lot size: 59.63 × 92 ft
Square footage: 2000-2500 sq ft
Property tax: $6,000 / yr
Parking: 8 spaces · None
Basement: Finished

Property summary

Property type: Triplex
Style: 2-Storey
Lot size: 59.63 × 92 ft
Parking: 8 spaces · None
Heating: Forced Air
Air conditioning: None, Window Unit(s)
Basement: Finished
Kitchens: 2
Exterior: Brick
Property tax: $6,000 / yr
MLS®: X13822468

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$287,900

Below recent sales

545 St Laurent Boulevard, Unit 608

1 bed · 1 bath·900-999 sq ft·1 parking·$1,021/mo fee

Ottawa

Listed 3 days ago · RE/MAX Absolute Walker Realty

Condo Apartment

$269,900

Below recent sales

505 St Laurent Boulevard, Unit 1804

2 bed · 1 bath·900-999 sq ft·1 parking·$1,032/mo fee

Ottawa

Listed 3 days ago · RE/MAX Hallmark Realty Group

Semi-Detached

$1,049,900

135 Duford Street

4+1 bed · 4 bath·3500-5000 sq ft·3 parking

Ottawa

Listed 2 days ago · Bennett Property Shop Realty

Fourplex

$1,400,000

218-220 Mcarthur Avenue

2 bed · 4 bath·1500-2000 sq ft·5 parking

Ottawa

Listed 4 days ago · Royal LePage Integrity Realty

The numbers that matter

Property tax: $6,000/yr
Est. all-in: ~$4,687/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

We list nearby schools as factual locations only. For this home, check the authoritative tools directly:

Browse schools near this home Nearby elementary & secondary schools, mapped Check provincial results — EQAO Official Ontario assessment results, searchable by school

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Trent UniversityNearest transit · Bus stop~239.9 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Ottawa

$629KMedian sold

32Median days on market

98.2%Sale-to-list

Median sold price · Ottawa1-yr 0% · 3-yr -3%

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Ottawa

1,017,449Population (2021)

40Median age

$102,000Median household income

63.9%Home owners

36.1%Renters

2.5Avg household size

Source: Statistics Canada, 2021 Census

Description & details

An exceptional turn-key investment opportunity awaits at 703 Morgan Street, a versatile, high-yielding triplex designed to maximize cash flow and long-term equity growth. The property features two spacious, identical three-bedroom, one-bathroom layouts on the top and middle floors, complemented by a cozy one-bedroom, one-bathroom lower unit. With the middle unit currently vacant, buyers gain an immediate value-add strategy to set projected market rent, house-hack, or select their own premium tenant while enjoying steady income from established, month-to-month residents. Tenants pay their own hydro via separate electrical panels and outdoor meters updated in 2016, keeping landlord utility overhead remarkably low. Major mechanicals and structural components have been systematically upgraded for worry-free ownership, including a new roof (2018), replacement windows (2017), gas meter update (2014), and a newly paved driveway (2025). Capital expenditure worries are minimized with three fully owned water heaters-replaced in 2016, 2018, and 2023-and low common electrical costs covering exterior and stairwell lighting. The building is complete with shared tenant laundry and dedicated storage facilities, enhancing overall tenant retention and convenience. Positioned with strong existing revenue, reliable tenancy, and significant upside potential in the vacant unit, this well-maintained asset is a rock-solid addition to any real estate portfolio.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by LPT REALTY. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.