703 Morgan Street, Vanier and Kingsview Park, ON K1K 3M3
Vanier and Kingsview Park, ON K1K 3M3
Quick cost estimateKnown monthly subtotal$4,687.09 / monthLand transfer tax $14,473One-time estimate
Quick cost estimate
$4,687.09 / monthKnown monthly subtotal
- Mortgage principal & interest
- $4,187.09
- Property tax / month
- $500
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $14,473
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $14,473
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
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.
Home details
- Days on market
- Not reported
- Property type
- Triplex
- MLS® number
- X13822468
- Source status
- New
- Bedrooms
- 7
- Bathrooms
- 3
- Postal code
- K1K 3M3
- Kitchens
- 3
- Kitchens above grade
- 2
- Kitchens below grade
- 1
- Family room / den
- No
- Interior size (reported range)
- 2000-2500
- Lot depth
- 92 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- 8
- Occupancy
- Partial
- Possession type
- 90+ days
- Garage
- None
- Annual property tax
- 6000
- Basement
- Finished
- Interior features
- Water Heater Owned
- Architectural style
- 2-Storey
- Pool features
- None
- Fireplace
- No
- Waterfront
- No
- Elevator
- No
- Garage available
- No
- Heating system
- Forced Air
- Heating fuel
- Gas
- Cooling
- None, Window Unit(s)
- Sewer
- Sewer
- Direction facing
- South
- Construction materials
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete
- MLS entry age (not confirmed DOM)
- 43 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Sewer
- Sewer
- Heating system
- Forced Air
- Heating fuel
- Gas
- Cooling
- None, Window Unit(s)
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
- Bedrooms above grade
- 6
- Bedrooms below grade
- 1
- Rooms above grade
- 12
- Rooms below grade
- 3
- Den / family room reported
- No
Reported counts are shown independently. Room dimensions have not been inferred from these counts.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $899,900
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Map and neighbourhood
- Region / county
- Ottawa
- Municipality
- Vanier and Kingsview Park
- MLS® community
- 3404 - Vanier
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Around this property
Schools, transit & everyday places
Published local sources. Distances are approximate straight-line distances, not walking routes.
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Nearby schools
No nearby schools were returned by the current Ontario school dataset for this property. School ratings and attendance boundaries are not included.
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Transit near this property
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Nearby shops & amenities
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Similar homes for sale in Vanier and Kingsview Park
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Are the measurements and features independently verified?
Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
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They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
703 Morgan Street, Vanier and Kingsview Park, ON K1K 3M3, Vanier and Kingsview Park is listed for sale as a Triplex. The listing reports 7 bedrooms, 3 bathrooms, reported interior area of 2000-2500 (units not reported), kitchens reported as 3, parking spaces reported as 8. Asking price: $899,900. Occupancy is reported as Partial. Review the Home details, room measurements and utility sections below to compare reported specifications; confirm important details with the listing brokerage. MLS® X13822468.
Local context
Explore the area: Vanier and Kingsview Park · 3404 - Vanier.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: LPT REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13822468. Information deemed reliable but not guaranteed.