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

South Dundas, Ontario

Welcome to 8 Brouse Drive in Iroquois! This well-maintained duplex is situated on a quiet street and offers excellent curb appeal, generous parking, a large backyard, and plenty of space for both comfortable living and investment potential. The spacious main-floor unit is currently owner occupied, and will be vacant upon possession and features an oak kitchen, dining room, large living room, two bedrooms, and a four-piece bathroom. The second bedroom offers an attached bonus room with endless possibilities – use it as a home office, den, dressing room, sitting room, or whatever best suits your needs. The main unit also includes a fully finished basement with a large recreation room, additional family room, laundry area, three-piece bathroom, huge storage room, and an abundance of closet space. Both units feature custom smoked ceilings, a unique and eye-catching detail that adds character and a distinctive feel throughout the home. The upper unit offers an oak kitchen with an eat-in area, bright living room, three bedrooms, and a four-piece bathroom. This unit is currently tenanted, providing an excellent opportunity for rental income. Outside, enjoy the large driveway and parking pad, spacious backyard, and plenty of room to entertain or relax. The property currently features an 18-foot above-ground pool and hot tub, both of which are negotiable. Whether you’re looking for an investment property, a home with additional rental income, or a flexible setup for extended family, 8 Brouse Drive offers plenty of possibilities in a quiet Iroquois location. (id:66888)

Perth, Ontario

Investment opportunity in the heart of Perth! Well maintained duplex offering flexibility for investors or owner-occupants who prefer to live in one and rent the other. At the front, 3 bedrooms and updated 3-piece bathroom currently rented on a month-to-month lease for $1200/month, and at the back, a 1-bedroom apartment with updated 3-piece bathroom, also rented for $1200/month on a year-long lease. Each unit has been updated with nice finishes, hardwood and tile flooring, with the convenience of in-unit laundry. Additional features include two natural gas furnaces, 2 electric hot water tanks, 2 hydro meters, and 2 gas metres providing independent utilities and added convenience. Tenants pay heat and hydro; landlord pays water. Each unit also benefits from its own parking space. Ideally situated close to the Tay River, nearby walking path, and walking distance to downtown shops, restaurants, library, hospital, schools, parks, and college. An appealing opportunity to own a multi-residential property in the vibrant community of Perth with convenient access to local amenities and outdoor recreation. (id:66888)

Champlain, Ontario

This updated semi-detached with heritage style is a triplex in the historic part of L’Orignal. With a commercial space fronting on King Street, a 2-bedroom apartment with a riverview balcony on the second floor and a one-bedroom main floor apartment at the rear, this triplex can pay for itself. Flexibility is yours, with the commercial space available to new owners if desired. The spacious two-bedroom apartment on the second storey includes an extra room which could be a third bedroom and will be vacant on November 15, 2026. Rear one-bedroom apartment rent is: $785 all included. Upstairs apartment rent was $1600 per mo. with tenant paying Hydro. Commercial space was $1500 per month, all included. Commercial tenant can stay on, or vacate for new owners. Furnace, AC, HWT, all rented from Enercare at $230 per month. Contract is transferable. 24 hours’ notice for tenants required for showings. 24 hours irrevocable on all offers. (id:66888)

Cornwall, Ontario

Attention Investors and Value-Add Buyers! Outstanding multi-family income opportunity in the heart of central Cornwall. This side-by-side duplex offers two distinct homes under one roof: a spacious 3-bedroom, 1.5-bath unit on one side, and a well-proportioned 2-bedroom, 1.5-bath unit on the other. Situated within easy walking distance to downtown dining, retail, schools, public transit, and the scenic St. Lawrence waterfront parks. The property requires cosmetic updates and TLC, offering immediate forced-appreciation potential while benefiting from cooperative tenants willing to stay on. Whether you are looking to build long-term equity, hold a cash-flowing asset with immediate day-one rental continuity, or execute a targeted value-add strategy, 301-303 Fourth Ave W delivers the foundation and scale. Property being sold strictly as-is. Book your private tour today! (id:66888)

Clarence-Rockland, Ontario

Vacant and move-in ready side-by-side duplex set on a spacious 0.68-acre lot, offering outstanding potential for investors, owner-occupants, or multi-generational families. Each self-contained unit features 3 bedrooms, and private in-unit laundry for added convenience. Both units are currently vacant, giving you the flexibility to set market rents, choose your own tenants, or live in one unit while generating income from the other. A standout feature of the property is the oversized detached double garage with loft space above-ideal for storage, a workshop, hobby space, or future possibilities. The property also offers ample surface parking with two very spacious driveways-one for each unit-providing excellent convenience for multiple vehicles, tenants, and guests. Set well back from the road, the large lot offers privacy and plenty of outdoor space for families, pets, recreation, or potential expansion. Located in an area experiencing significant new development and growth, this is a great opportunity that combines immediate income potential with strong long-term upside. (id:66888)

Pembroke, Ontario

Investment opportunity in the heart of Pembroke’s East End! This up-and-down duplex offers approximately ~2,387 sq. ft. above grade, with an approximate ~1,200 sq. ft main-floor unit and an approximate ~1,187 sq. ft. upper unit. Each spacious unit features two bedrooms, hardwood floors and its own fireplace. Both currently rent for $1,600 per month, generating $38,400 in gross annual rental income. Tenants pay their own separately metered hydro. Updates completed in 2024 include a roof, vinyl windows on the lower half of the home, bedroom flooring. Set on a small, very low-maintenance lot with two rear parking spaces. Basement storage provides potential space for future coin-operated laundry, offering an opportunity to generate additional income! A luxury six-unit residential building is being constructed next door, adding to the area’s ongoing investment and development. Walk to Algonquin College, Metro, Circle K, restaurants and McDonald’s, with schools, parks, Pembroke Regional Hospital and a police station nearby! A solid addition to any investment portfolio! (id:66888)

South Dundas, Ontario

Invest in an established income property in a location that offers everyday convenience, simplicity and long term appeal. Situated on a quiet cul de sac just steps from the St. Lawrence River, this fully tenanted, one storey Morrisburg duplex features two one bedroom units and established rental income. The single level layout, manageable one bedroom units, in unit laundry and private parking create a practical, comfortable setup that may appeal to tenants looking for simpler, low maintenance living. The Morrisburg Boat Launch and public dock are approximately 250 metres away, about a four minute walk, with Morrisburg Waterfront Park, the beach, library, curling club, arena, theatre, baseball diamonds, golf course and riverfront walking paths all nearby. Shopping, restaurants, essential services and Highway 401 are also within easy reach, adding to the convenience of the location. For an investor seeking a fully occupied Eastern Ontario duplex with established tenancy, practical one level living and strong access to community amenities, this property offers a straightforward addition to consider for your portfolio. Lease documents and available income and expense information are available through the Listing Representative for review. (id:66888)

Cornwall, Ontario

Two – 2 bedroom duplex with excellent long term tenants. Upstairs tenants have been there 9 years. Main floor tenants have been there 3 years. Good shingles and good furnace which is being maintained and serviced every year. Each unit has their own hot water tank and their own 125 amp breaker panel.Tenants take care of snow. Each unit also has their own garden shed section in rear yard and a storage unit underneath the rear staircase. Main floor unit has been renovated throughout. Excellent cap rate investment. (id:66888)

Cornwall, Ontario

Located in the desirable Marlborough neighbourhood, directly across from the Joe St. Denis Football Field, this 7-bedroom triplex presents a compelling opportunity for investors seeking strong income potential. The property is currently generating approximately $3,647.80 per month in rental income (approximately $43,773.60 annually) from three occupied units. Unit 310 (3 Bed) will be vacant as of October 31ST. Based on current operating figures, the property offers an approximate Net Operating Income of $34,354.60 and an estimated cap rate of approximately 7.9%, making it an attractive addition to an investment portfolio. Positioned in an established residential area with convenient access to schools, parks, and amenities, this income-producing property combines location, rental demand, and solid returns. 24 Hour notice required for all showings. 48 Hour irrevocable on all offers as per Form 244. (id:66888)

Pembroke, Ontario

A Must-See Investment Opportunity! Located in the heart of Pembroke, this well-maintained triplex offers an exceptional opportunity for both seasoned investors and first-time buyers looking to secure a property with solid rental income. With recent upgrades, including connecting to the municipal sewer system from septic, and fully rented with stable tenants, this property provides reliable cash flow in a centrally located area. The triplex is composed of one spacious 2-bedroom unit and two cozy 1-bedroom units. The property is fully rented, so start earning rental income from day one! Centrally located in Pembroke, the property is within walking distance of local shops, restaurants, schools, parks, and other amenities. Its ideal location provides easy access to everything the city has to offer and ensures ongoing demand as a rental property. The property is heated by two cost-effective forced air gas furnaces, and is equipped with central air conditioning to keep tenants comfortable year-round. Several upgrades have been completed, ensuring the property remains in excellent condition. With a strong history of consistent income, this triplex offers solid cash flow making it a reliable addition to any investor’s portfolio. The units are well designed with spacious living areas and updated features. Ample parking for tenants, laundry facilities on-site, and separate hydro meters for each unit make this property a low-maintenance, cash flowing investment. The solid rental history ensures peace of mind for the new owner. Whether you’re looking to expand your portfolio or to own a property with steady cash flow, this triplex is an investment gem and represents a fantastic opportunity. Don’t miss out on this prime investment! Please allow 24 hours irrevocable on all offers. (id:66888)

Smiths Falls, Ontario

Turn-Key Income TRIPLEX in the Heart of Smiths Falls – Attention investors: this fully renovated mixed-use triplex sits just steps from the Rideau Canal and downtown core, and it’s built to perform – and a cap rate over 9.75%. With two vacant units, you set the rents – or occupy one yourself and let the building carry the mortgage. The main floor commercial unit offers high street visibility and was most recently leased to an established medical/spa tenant, proof this address draws quality commercial traffic. Run your own business here, or hold it as stable, professional-grade rental income. Above, two newly renovated residential units are finished with modern fixtures and brand-new appliances. One unit features in-suite laundry – a rare amenity in this price point that commands premium rent and keeps good tenants renewing year after year.This is a rare chance to own a prime, income-generating asset in one of the region’s fastest-growing communities – immediate cash flow, low-maintenance renovated units, and long-term upside all in one address. (id:66888)

Cornwall, Ontario

Calling all investors! Amazing opportunity to own this fully rented Fourplex. Property includes Two second level 1- bedroom, 1-bath units, one main level 3- bedroom 1-bath unit, one basement 2- bedroom, 1 -bath unit. Upper units each have own private balcony, main floor and basement unit each have fenced yard spaces. Close proximity to all amenities including shopping, restaurants and public transit. (id:66888)