331 Flora Street, Ottawa Centre, ON
Property Highlights
Welcome to this remarkable 3-Storey triplex located in the coveted neighborhood of Ottawa Centre. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,275,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 33 x 99 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Carpet Free
- Efficient forced air heating via gas
Description
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.
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Property Summary
This triplex located at 331 Flora Street, Ottawa Centre is currently for sale and has been available on SousaSells for 15 days. This property is listed at $1,275,000 with an estimated mortgage of $4,244* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. 331 Flora Street, Ottawa Centre is in the Ottawa Centre neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Ottawa Centre, Ottawa Centre.
- •5 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Ottawa Centre, Ottawa Centre.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Carpet Free
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Ottawa Centre?
If you are looking for a house in Ottawa Centre or researching Ottawa Centre real estate for sale, this 5-bedroom triplex at 331 Flora Street, Ottawa Centre, ON offers an exceptional opportunity to buy a home in Ottawa Centre, Ontario. Whether you are a first-time Ottawa Centre home buyer or comparing active Ottawa Centre MLS® homes for sale, working with a dedicated Ottawa Centre buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Ottawa Centre realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Ottawa Centre Buyer Budget & Costs
Estimated mortgage: $4,244*/month*. Estimated Ontario Land Transfer Tax: $21,975. First-time Ottawa Centre home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Ottawa Centre
Frequently Asked Questions about 331 Flora Street, Ottawa Centre, ON
Q.What is the asking price for 331 Flora Street, Ottawa Centre, ON ?
The current listing price for 331 Flora Street, Ottawa Centre, ON in Ottawa Centre, Ottawa Centre is $1,275,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 331 Flora Street, Ottawa Centre, ON ?
331 Flora Street, Ottawa Centre, ON is a Triplex (3-Storey) featuring a Partially Finished basement.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Ottawa Centre, Ottawa Centre
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 331 Flora Street, Ottawa Centre, ON K1R 5S1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ottawa Centre, ON
For a property listed at $1,275,000 in Ottawa Centre, the legal minimum down payment is $255,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $21,975 for this transaction. As this listing is in Ottawa Centre (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $21,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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