Ottawa Multi-Family Homes For Sale

Ottawa, Ontario

Unlock the potential of this exceptional income-generating property in one of Ottawa’s most desirable neighbourhoods. Offering two fully self-contained living spaces, this detached home is a rare opportunity for investors seeking strong cash flow and long-term upside.The main level features a bright and spacious 2-bedroom + den layout with an open-concept living and dining area, oversized windows, and a full 4-piece bath. The well-appointed kitchen, complete with a gas stove, opens to a private, inviting backyard-perfect for owner-occupancy or stable long-term rental income.A separate side entrance leads to the upper level, which includes two additional bedrooms, a full bath, and a complete kitchen. Currently operating as a turnkey Airbnb with professional property management available, this unit offers immediate, hassle-free short-term rental income. With a strong 5.5% cap rate and multiple revenue streams already in place, this property is built for performance. Additional highlights include a detached garage, parking for two vehicles, and highly flexible zoning that allows for a future triplex-maximizing both current returns and future development potential.Ideally located close to shops, hospitals, parks, and transit, this is a strategic investment opportunity combining cash flow, versatility, and long-term growth. (id:50982)

Ottawa, Ontario

Turnkey, fully leased six unit in the heart of Westboro an exceptional, one of a kind investment opportunity in one of Ottawa’s most desirable neighbourhoods. This property offers a maintenance-free exterior and showcases pride of ownership with high-quality materials and craftsmanship throughout. Thoughtfully designed with 9-foot ceilings, open riser staircases with sleek glass railings, and modern, open-concept layouts. Gourmet kitchens feature quartz countertops, stainless steel appliances, and ample cabinetry, while interiors are finished with wide plank hardwood and tile flooring. All units include air conditioning, in-unit laundry, private entrances, and spacious balconies equipped with natural gas BBQ hookups, providing a premium living experience for tenants. Ideally located within walking distance to shops, schools, transit, and some of Ottawa’s top restaurants, this property consistently attracts high-quality tenants. Currently fully occupied with strong tenant profiles, including several longer-term leases already in place. A rare opportunity to acquire a low-maintenance, income-generating asset in a prime location with lasting rental appeal. (id:50982)

Ottawa, Ontario

Welcome to 360 Friel Street an exceptional turnkey investment opportunity featuring 16 residential units with separate hydro meters, comprised of 9 fully renovated and refurbished units, 7 newly constructed additional units (recently completed). Unit Breakdown: 1 Three-Bedroom Unit, 3 Two-Bedroom Units, 2 One-Bedroom Units, 10 Studio Units. All units are fully furnished and separately metered, offering operational efficiency, reduced utility risk, and strong tenant appeal. The seller is willing to lease all units, providing investors with a stabilized, income-producing asset from day one. Income Overview Projected Residential Rental Income: $402,420.00, Parking Income: $1,800.00, Laundry Income: $3,780.00, Total Projected Gross Income:$408,000.00, Annually Projected 2026 Operating Expenses Vacancy (2%) – $8,084.00, Property Taxes (5.42%) – $21,484.00, Utilities (5.82%) – $23,064.00 (Heat, Water, Hydro) Repairs & Maintenance (4%) – $15,845.00, Property Management (3.96%) – $15,687.00, Property Insurance (6.85%) – $27,125.00Advertising (0.5%) – $1,981.00, Total Projected Operating Expenses: $113,270.00. Financial Summary – Gross Income: $408,000.00, Less Operating Expenses: $113,270.00, Estimated Net Operating Income (NOI): $294,690.00 annually. This newly completed, fully furnished multi-unit property presents a rare opportunity to acquire a modern, income-generating asset with strong projected returns and long-term growth potential. (id:50982)

Ottawa, Ontario

A prime investment opportunity in Centretown, 176 Arlington Avenue is a spacious duplex featuring two well-designed units, each with its own laundry. Unit A is vacant, and Unit B will be vacant as of June 1st (N9 received). COMBINED RENT PROJECTED AT $6500/m. Located just two blocks from Bank St., Unit A is a vacant, fully renovated 2-bedroom apartment spanning the main and lower floors, offering a private entrance, charming finishes, and an efficient layout. The living room includes a large picture window, and the eat-in kitchen is equipped with extended cabinets, ample counter space, and a stainless steel sink. Two bright bedrooms, one with private outdoor access, provide versatility for families, work-from-home setups, or additional living space. A full bathroom on the main level, along with a basement that has laundry, a powder room, and storage, completes this inviting unit. Unit B is tenanted, occupies the second and third floors, and features a uniquely separated, thoughtful layout. The first floor includes two bedrooms + a den, one bed with a built-in desk nook and another with direct access to a front balcony. The living area, with wide-plank vinyl flooring, adjoins a modern kitchen with wood cabinets, a hex tile backsplash, and plenty of prep space. Before ascending to the top level, you’ll find a stylish 3-piece bathroom with a walk-in shower. The top floor has two cozy bedrooms with sloped ceilings, parquet-style flooring, and generous closet space, along with a second 4-piece bath for added convenience. The property sits on a deep lot with mature trees and greenery. Each unit has private entrances and well-defined spaces, making it ideal for multi-tenant rentals or live-in owners seeking extra income. Located close to transit, cafes, parks, and the upcoming redevelopment of the old Greyhound station, this property represents a solid investment in a rapidly densifying area poised for long-term growth in one of Ottawa’s most vibrant neighbourhoods. (id:50982)

Ottawa, Ontario

Prime Investment Opportunity in the Heart of The Glebe! This six-plex is located in one of Ottawa’s most sought-after neighbourhoods, The Glebe. With an extremely desirable location just steps to Bank Street, Lansdowne Park, shops, restaurants, transit, and the Rideau Canal, this property offers exceptional long-term value and rental appeal. Each of the six units features 1 bedroom and 1 bathroom, ideal for professionals and students alike. Tenants enjoy shared laundry and storage area in the basement. The property also includes 4 on-site parking spaces, a rare and valuable feature in this central location. Whether you’re expanding your portfolio or looking for a solid income-generating asset, this property combines location, functionality, and strong rental history- a true Glebe gem! (id:50982)

Ottawa, Ontario

Welcome to this fully renovated bungalow, offering a fantastic investment opportunity with strong rental income and excellent tenants already in place. Situated in a quiet, family-friendly neighbourhood, this property is completely move-in ready and professionally updated throughout.The upper unit features 3 spacious bedrooms, a full bathroom, and a bright, modern kitchen with updated finishes. Enjoy the convenience of in-suite laundry and a functional layout that appeals to families and long-term tenants alike.The lower unit is a fully legal secondary dwelling, thoughtfully designed with 2 comfortable bedrooms, a full bathroom, and an open-concept living and dining area. It also includes its own in-suite laundry, providing privacy and independence for occupants.Located in a peaceful residential area, this property is close to parks and playgrounds, with easy access to transit, shopping, and schools-making it highly desirable for tenants. A true turnkey investment with reliable rental income-don’t miss this opportunity to add a solid, low-maintenance property to your portfolio! (id:50982)

Ottawa, Ontario

A perfect opportunity for an owner occupy buyer! Situated on one of Sandy Hill’s best streets and walking distance to Ottawa U, downtown, Byward Market, Rideau River and Strathcona park. All three units under complete renovation and units 1 and 3 are available as vacant possession (proper notice required for vacancy by owner occupant buyers for unit 1) One two bedroom unit and two spacious one bed units in this majestic three storey building. Expenses $15,897. Accepted conditional offer required for showings due to construction safety requirements. (id:50982)

Ottawa, Ontario

Turnkey 4-unit income property in the heart of the Glebe generating $96,724 in gross annual income with a strong NOI of $73,705, offering an exceptional opportunity for investors seeking stable cash flow and long-term upside in one of Ottawa’s most sought-after rental markets. This well-maintained building features three legal units plus a fourth non-conforming basement suite, which includes a proper egress window providing a secondary means of escape. Current rents are highly attractive with Unit 1 (main floor 2 bed + den) at $2,700/month, Unit 2 (second level 2 bed + den) at $2,500/month, Unit 3 (third level 1 bed) at $1,891/month, and Unit 4 (basement 1 bed) at $969/month. Each of the upper three units enjoys private outdoor space, including an oversized patio for the main floor unit, significantly enhancing tenant appeal and retention. The property also offers shared laundry facilities and rare on-site parking for four vehicles-a premium feature in the Glebe-including a detached garage with two spaces and two additional surface spots. Beyond the numbers, the building stands out with its character, charm, and architectural presence, blending classic design with functional layouts that consistently attract high-quality tenants. Located in a prime, walkable neighbourhood with strong rental demand, this is an asset where vacancy is virtually nonexistent and tenant quality remains consistently high. (id:50982)

Ottawa, Ontario

Perfectly located in Ottawa’s historic Lower Town, this versatile 4-bedroom home offers a rare opportunity for both homeowners and investors alike. Enjoy it as a spacious single-family residence or explore the potential to convert it back into a duplex. The main level features a bright and inviting open-concept kitchen, living, and dining area-ideal for everyday living and entertaining. A well-sized bedroom and full bathroom complete this level. Step outside to a beautifully landscaped garden oasis, offering a peaceful retreat in the heart of the city. Upstairs, you’ll find gleaming hardwood floors throughout, a full bathroom, and three generously sized bedrooms. The primary bedroom features direct access to a private deck overlooking the garden-perfect for morning coffee or evening relaxation. Located just steps from the vibrant ByWard Market, Rideau River, scenic parks, and the charming Edinburgh neighbourhood, this home offers unmatched urban convenience with a touch of tranquillity. A truly special property with endless potential-don’t miss your chance to own in one of Ottawa’s most sought-after communities. (id:50982)

North Dundas, Ontario

Prime investment and development opportunity in the growing community of Winchester. Located just 30 minutes south of Ottawa, 518 Church Street sits on a spacious lot with excellent redevelopment potential in an area experiencing increasing demand for quality housing. Positioned within walking distance to local schools, shopping, and the Winchester District Memorial Hospital, this property offers a rare combination of small-town charm and strong long-term investment potential. The generous lot frontage and depth make it an ideal candidate for redevelopment-whether for a purpose-built rental property, detached home, or a low-rise multi-unit building. The existing building provides the added advantage of a potential holding property, allowing investors to generate income while planning future development. Municipal water, sewer, and natural gas services are already connected, simplifying the path toward multi-unit conversion or redevelopment. Additional highlights include two deeded parking spaces with approval for additional gravel parking in front, as well as two deeded parking spots in Boyd parking lot, a roof replaced within the last five years, and future water rights secured for up to four apartment units, offering valuable flexibility for future plans. With rental demand continuing to grow across North Dundas, opportunities like this are becoming increasingly scarce. Winchester’s convenient access to Highway 31 (Bank Street), medical facilities, schools, and family amenities makes it an attractive location for both residents and investors. Whether you’re an experienced developer or an investor looking to expand your portfolio, 518 Church Street presents the location, infrastructure, and potential to bring your vision to life. (id:50982)

Carleton Place, Ontario

A UNIQUE OPPORTUNITY. Sitting just one street over from the main drag of Carleton Place, this home offers something truly unique. A side-by-side duplex featuring two semi-detached homes under one ownership with desirable C3 ZONING, this property opens the door to a wide range of possibilities. Whether you’re looking to launch a business, invest in an income-generating property, or live in one unit while collecting rent to help subsidize your mortgage, the opportunities here are truly endless. If these walls could talk, they would tell a story rich with history. Lovingly held within the same family for generations, this home has been a place where children were raised and memories were made. Now, it’s ready to welcome its next chapter with a new owner. Each unit is separately serviced and thoughtfully laid out, offering 2 bedrooms, 1 bathroom, and spacious kitchen, dining, and living areas. The generous lot extends 100 feet deep and is just seconds from the vibrant downtown core, the Mississippi River, as well as nearby schools and parks. This property is a blank canvas-an open book full of opportunity, ready for your vision to bring it to life. (id:50982)

Ottawa, Ontario

DEVELOPMENT OPPORTUNITY on a premium 50 x 116 ft lot located on a quiet street in the desirable Overbrook neighbourhood. This is a rare chance to acquire a well-proportioned property in an established area experiencing ongoing redevelopment and strong growth. The existing 2+1 bedroom bungalow with a finished basement is being sold primarily for land value, offering excellent potential for redevelopment or a custom build (buyer to conduct their own due diligence). Potential future build options may include a 4-plex, 6-plex semi-detached, or higher-density development such as a 10- or 12-plex, subject to approvals. Current zoning allows for 10+ units, with the possibility to apply for additional density of up to 18 units – or, alternatively, build 10 units without requiring site plan approval. Ideally situated with quick access to downtown Ottawa, the Rideau River, scenic walking and cycling pathways, parks, and green space. Close proximity to the University of Ottawa, St. Laurent Shopping Centre, schools, public transit, and Highway 417 further enhances the appeal of this centrally located property. Property being sold in “as is, where is” condition. The seller makes no representations or warranties. 24 hours’ notice required for all showings. (id:50982)