$300,000 – $400,000 Multi-Family Homes For Sale

Champlain, Ontario

Enjoy the view from your two level balcony of the stuning sunsets and the river. This Duplex with its main appartment presently owner occupied features 3 levels with 3 bedrooms. The owner is renting rooms to 2 tenants at 1750$/mth. The main floor 1 bedroom appartment is rented at 785$/mth to a great tenant. Location is ideal being a walk away from parks, the elementary school, the beach, the marina, convenience store and post office. Either for your big family as you could use the front appartment on main floor as the parents appartment or for the investor looking for good revenues, call your realtor for a look (id:50982)

North Grenville, Ontario

Welcome to 204 Asa Street, a charming duplex nestled in the heart of old Kemptville! This well-maintained property offers the perfect opportunity for investors or homeowners looking to generate rental income. The building offers two spacious 2-bedroom 1-bathroom apartments with separate hydro meters. Lower unit has laundry in unit. Newly paved driveway and parking installed at rear of property in 2022. Conveniently located close to amenities, schools, and parks. Whether you’re seeking a smart investment opportunity or a place to call home with the added benefit of rental income, 204 Asa Street is sure to exceed your expectations. 24hr notice required for showing. Upper unit photos taken prior to current tenant’s occupancy. Leases are month to month. Flooring: Vinyl, Flooring: Hardwood, Flooring: Laminate. Additional heating: Baseboard (id:50982)

The Nation, Ontario

Welcome to this well-maintained triplex, perfectly situated in the heart of St. Isidore. This charming income-generating property features three rental units, making it an excellent investment opportunity for savvy buyers. Three vacant rental units with projected gross income of approx. $49,200/year. No rental items and all existing appliances included (as is). Laminate flooring throughout for easy maintenance. Double detached garage (built in 2020) ideal for extra storage or rental potential. Whether you’re looking to expand your investment portfolio or live in one unit while renting the others, this property is a fantastic opportunity. Note: Estate Sale – Property sold “as is ” with no warranties. (id:50982)

Cornwall, Ontario

Welcome to 334-336 Eleventh Street East, a legal, well-maintained duplex offering immediate rental income in a desirable central Cornwall neighbourhood. The property is fully tenanted, with tenants paying all utilities, and generates $36,249 in annual gross rental income. With solid income, low operating exposure, and major capital improvements already completed, this property presents a compelling investment opportunity in a market where cash-flow-positive duplexes are increasingly hard to find. The property consists of two spacious 2-bedroom units, both clean, well cared for, and updated over time, featuring functional layouts and neutral finishes suitable for long-term tenancy. The deep lot provides three (3) off-street parking spaces, along with a generous backyard. Notable upgrades include renovated kitchens and bathrooms (2019-2022), updated flooring, a high-efficiency gas furnace (2021), PVC windows, new exterior balcony and patio (2024), sealed driveway (2025), and roof (2013). Included (sold without legal warranty of quality): Unit 334: Fridge, stove, dishwasher, washer, dryer, living room sofa, sofa bed in bedroom, range hood microwave. Unit 336: Range hood, furnace (2021).Note: Both water heaters and space heater (Unit 334) are rented via Reliance. Whether you’re an investor seeking a turnkey income property or a savvy homeowner looking to offset your mortgage, this opportunity checks all the boxes. Don’t miss this rare gem, book your showing today and unlock the potential of 334- 336 Eleventh Street East! (id:50982)

Smiths Falls, Ontario

Exceptional turnkey duplex with solid income and immediate cash flow. Fully leased with two self-contained 2-bedroom, 1-bathroom units, this property generates $3,500 per month in rent ($42,000 annually). Located approximately 45 minutes from downtown Ottawa, it offers an attractive balance of affordability, tenant demand, and long-term growth potential. Whether you’re expanding an existing portfolio or acquiring your first multi-unit property, this is a low-maintenance, income-producing asset ready to perform from day one. Secure a proven rental property in a desirable commuter location and capitalize on stable returns with future upside. (id:50982)

Cornwall, Ontario

This fully furnished, income-generating duplex is now on the market; a true cash-flow machine that shows real pride of ownership. Located just steps from St. Lawrence College, restaurants, and shopping, it’s perfectly positioned for steady rental demand. Inside, you’ll find recently renovated kitchens and bathrooms, along with updated tile and laminate flooring throughout. Each level features front covered balconies and large enclosed back porches, plus a fully fenced yard. The garage and oversized driveway easily fit up to 7 vehicles. The main floor is heated by a forced-air gas furnace (2014), while the upper level runs on electric baseboards and a supplemental electric heater. Two owned gas hot water tanks service the building. Currently rented by the room, this property generates $4,800/month ($57,600 annually, all inclusive of utilities and internet). A turnkey investment opportunity with strong income from day one. (id:50982)

Clarence-Rockland, Ontario

Solid income-producing triplex in the village of Bourget, within the municipality of Clarence-Rockland. Fully tenanted, offering immediate cash flow from day one. The property fronts on Champlain Street and backs onto Maisonneuve Street, providing excellent access and added flexibility. Features three self-contained units with three kitchens and three laundry areas. Heated by two forced-air natural gas furnaces. Municipal water with septic system. Current rents: Unit A (1 bedrm) $1418/mth, Unit B (2 bedrms) $1375/mth, Unit C (2nd floor 1 bedrm) $1100/mth. Total annual gross income $46,716. Annual Operating Expenses $12,449. Ideal opportunity for investors seeking a stable asset in a growing rental market. Convenient village location close to local amenities, primary school and within commuting distance to Ottawa. Minimum of 24 hours notice for all showings and 24 hrs irrevocable on all offers. (id:50982)

Brockville, Ontario

Investors Special in the Heart of Downtown Brockville! This downtown duplex presents a great opportunity for investors looking to build equity and generate strong rental income. The main floor features a 2-bedroom unit along with a bachelor suite in the basement, both with separate entrances ($2,000/month),offering excellent flexibility and income potential. The upper level includes a separate 2-bedroom unit with its own private entrance ($1,400/month). The property is equipped with separate hydro meters and individual hot water tanks for each unit, as well as a shared on-site laundry facility. Outside, a divided private yard (50×185), backing onto Crown land and a detached garage provide additional value to tenants and future upgrade potential. Recent improvements include the removal of the carport, new siding, soffit and fascia, a yard separator, interior garage bracing, and a new washing machine and brand new staircase added at the back. Located just a short walk from Brockville’s downtown core, tenants enjoy easy access to shops, restaurants, transit, and the waterfront. With strong rental demand and room for further improvement, this is a smart addition to any investor’s portfolio. Don’t miss out on this income-generating opportunity in a high-demand location! (id:50982)

Smiths Falls, Ontario

PRICE IS FOR BOTH UNITS! Investors! This solid income producing property is calling! Located on a large lot this purpose built spacious 2 Unit duplex looks like a semi detached, & is located just minutes from downtown Smiths Falls on a very quiet crescent. Views of the Rideau from your front yard. Both Units have separate driveways, that offer privacy, and feel like your own space. Both are spacious 2 bedroom units. (See floor plan) Property shares common well & septic system keeping utility costs down. Great opportunity to live in one unit & collect income from the other. Stacked washer/dryer, fridge & stove for both units included. Both units have propane fireplaces to supplement heat Tenants pay all utilities. Property produces good revenue. Investment opportunity is knocking. (id:50982)

Smiths Falls, Ontario

Great investment opportunity in Smiths Falls – fully leased 3-unit property. In the front section of the building, the main floor (UNIT 1) is a 1-bedroom, 1-bathroom unit, while the upper level (UNIT 2) features a 2-bedroom, 1-bathroom unit. At the rear of the building (UNIT 3) is a 2-storey, 2-bedroom, 1-bathroom unit. The property includes parking for 3-4 cars in the driveway and a single garage for additional rental potential. Conveniently located close to shops, services, community recreation centre and hospital. Walking distance to Victoria Park. Separate (2) hydro and (2) gas meters for Units 1&2 and Unit 3 respectively. Property requires considerable renovation, a great opportunity to add value. Taxes and building area estimated; buyer to verify all information. Seller makes no representations or warranties regarding the property condition. (id:50982)

Prescott, Ontario

Well-maintained three-unit investment property offering immediate income with value-add potential. The property includes a detached one-bedroom one-bathroom bungalow and a duplex comprised of a two-bedroom, 1.5-bath unit and a one-bedroom one-bathroom unit. Independent laundry facilities are available in all units. Unit 2 has been kept vacant by-design to facilitate showings but could be easily rented, offering flexibility for a buyer to either establish market rent or occupy the unit personally while generating income from the remaining apartments. Recent capital improvements include: Unit 1 (2025) new gas furnace with A/C; Unit 2 (2025) new flooring, fresh paint, and washer/dryer; Unit 3 (2023) full renovation including new bathroom, flooring, paint, and appliances. A detached garage provides valuable storage, enhancing tenant and investor appeal. Located in Prescott’s waterfront community, the property benefits from affordable entry pricing, consistent residential rental demand, and convenient access to Highway 401-supporting stable income and long-term value. An ideal opportunity for investors or owner-occupiers seeking a reliable, low-turnover residential tenancy property with lots of parking and walking distance to everything, in an established Eastern Ontario setting. Financial information and land survey available. BRING YOUR OFFER! (id:50982)

Smiths Falls, Ontario

Turn-Key Duplex in Prime Smiths Falls Location – Ideal Investment or Owner-Occupied Opportunity! Welcome to this well-maintained and updated duplex located in the heart of Smiths Falls, just minutes from the hospital and essential amenities. This income-generating duplex boasts a 6.9% CAP rate, includes two self-contained units with separate electric and gas metering, one vacant and one tenanted at market rent, allowing for immediate income or owner occupancy. The property has benefited from notable capital improvements, including all new windows and precast cement sills, an interior basement drainage system with transferable warranty, and other updates that enhance efficiency, comfort, and long-term value. Each unit offers functional layouts with bright living spaces and separate entrances for privacy and ease of management. The vacant unit allows buyers to set their own tenant, achieve top market rent, or move in while the other unit helps offset the mortgage. Situated in a high-demand rental area close to the hospital, schools, and shopping, this duplex is well positioned for strong tenant appeal and long-term appreciation; an excellent opportunity for investors or live-in buyers alike! (id:50982)