$899,900
9.66 BTC
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703 Morgan Street, Vanier And Kingsview Park
$899,900
PRICE
6 + 1
BEDROOMS
3
BATHROOMS
X13822468
MLSID

703 Morgan Street, Vanier And Kingsview Park

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.
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Summary

Address
703 Morgan Street
Community
MLSID
X13822468
Property Type
Triplex
Property Category
Bedrooms
6 + 1
Bathrooms
3
Kitchens
2 + 1
Taxes (Annual)
$6,000.00
Tax Year
2026
Published
September 24, 2026
Days on Market
1 Days
Possession Type
90+ Days
Possession Details
Tbd
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Inclusions

3 Fridges, 3 Stoves, 1 Washer, 1 Dryer, 3 Hot water tanks

Exclusions

Tenant belongings.

Details

Bathroom 1
4-Piece Second Level
Bathroom 2
4-Piece Third Level
Bathroom 3
4-Piece Lower Level
Basement
Finished
Interior Features
Water Heater Owned
Parking Spaces
8
Parking Total
8
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
60 Feet
Lot Depth
92 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Partial
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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