Listed for:Listed 6 days ago
$1,550,000

388 Winston Avenue

Ottawa (Westboro West), ON K2A 1Y5

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 388 Winston Avenue, Ottawa, Westboro West

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 388 Winston Avenue, Ottawa, Westboro West

Summarized Description

  • Exceptional investment opportunity in Westboro.
  • Three spacious 2-bedroom, 1-bathroom units.
  • Updated kitchens and bathrooms in each unit.
  • Individually metered for hydro and gas.
  • Convenience of in-unit laundry for tenants.
  • Three parking spaces included with the property.
  • Prime location near trendy shops and parks.
  • Strong rental appeal in a desirable market.

Exceptional investment opportunity in the heart of Westboro! This income-generating triplex features three spacious 2-bedroom, 1-bathroom units, each with updated kitchens and bathrooms, functional layouts, and the convenience of in-unit laundry. Each unit is individually metered for hydro and gas, offering added convenience and potential savings for ownership. With three separate units and three parking spaces, this property offers excellent income potential and an opportunity to build long-term wealth in one of Ottawa's most desirable rental markets. The well-designed floor plans and sought-after two-bedroom configurations appeal to a broad range of tenants. Ideally located steps from Westboro's trendy shops, restaurants, cafés, parks, and convenient transit, this property combines a prime location with strong rental appeal. An excellent opportunity to expand your investment portfolio in a highly desirable Ottawa neighbourhood!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$9,961
Land Transfer Tax Fee
$27,475

Rental Items

Rental Equipment
1 Hot Water Tank

Basement Type
Full, Finished

Interior Features

Interior Extras
Separate Hydro Meter, Separate Heating Controls
Security Features
Smoke Detector
Fireplace/Stove
Yes
Fireplace Features
Natural Gas, Living Room
Elevator
No

Exterior Features

Exterior Extras
Deck
Pool
None
Property Features
Public Transit, School

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
33.01 ft
Lot Depth
90.12 ft

Inclusions

Inclusions
3x fridges, 3x stove, 3x washer, 3x dryer, 2x dishwasher, 2x hot water tank, 2x furnace, 2x a/c

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
3
Total Garage And Parking Spaces
3

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
6
Washrooms
3
Kitchens
3

Washrooms

  • 4-piece, Lower
  • 4-piece, Main
  • 4-piece, Upper

Municipality
Ottawa
Neighbourhood
Westboro West
Main cross streets
Winston Ave and Madison Ave
Directions
417 to Island Park Dr to Richmond Rd to Churchill Ave to Madison Ave to Winston Ave

MLS® number
X14101292
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-20
Updated on
2026-10-21
Days on market
6 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
RE/MAX HALLMARK REALTY GROUP

Home Market Value

Current home valuation for 388 Winston Avenue, Ottawa, Westboro West, Ottawa, ON. Listed for $1,550,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 388 Winston Avenue, Ottawa, Westboro West

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Ottawa, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$310,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$1,240,000$1,162,500$1,085,000$1,007,500
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,054monthly$5,676monthly$5,298monthly$4,919monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$27,475

Total Land Transfer Tax

$27,475

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6/100Almost All Errands Require a Car
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