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

Pembroke, Ontario

Discover a smart investment opportunity at 256 Maple Avenue, a solid two-storey duplex conveniently located in central Pembroke. The main-floor unit is currently tenanted, while the upper unit has a new tenant scheduled to move in following the current tenant’s departure at the end of October, offering continued rental income for the new owner. The main-floor unit features a comfortable one-bedroom layout with a full 3-piece bathroom and access to the basement, providing plenty of additional storage space. The basement also houses the boiler and two hot water tanks. The upper unit offers two bright bedrooms, a full 4-piece bathroom and a functional kitchen, providing a comfortable and inviting living space. Each unit has its own hydro meter, allowing tenants to manage their individual electricity usage while simplifying utility management for the landlord. The property is heated with natural gas and is ideally situated just minutes from shopping, schools, parks and other everyday amenities.With tenants in place and a convenient central location, 256 Maple Avenue is a great opportunity to add an income-producing property to your investment portfolio. (id:66888)

Cornwall, Ontario

Excellent Investment Opportunity – 9%+ Cap Rate! Great opportunity for an investor to add a cash-flowing property to their portfolio. This duplex has undergone significant renovations and improvements, with the current property offering a cap rate of over 9%. The basement unit was fully renovated in 2024 under permit, bringing the unit up to Ontario Building Code requirements. Improvements include a complete replacement of the sewer lateral, both inside and outside the property, a new water line inside and outside, as well as new basement windows and doors. The upper unit was renovated in 2024, including new electric baseboard heating, lighting, flooring, and a new bathroom. Additional exterior improvements include a new metal roof installed in 2024 and new eavestroughs installed in 2025. With substantial recent improvements, strong rental income, and a current cap rate of over 9%, this property presents an opportunity for an investor looking for a partially renovated, income-producing property with potential to continue growing their portfolio. As per form 244 all offers to contain a 48-hour irrevocability. All showings require minimum 48 hours notice. (id:66888)

Smiths Falls, Ontario

Exceptional turnkey duplex with a classic red-brick exterior, offering solid income and recent property upgrades. The building features two self-contained 2-bedroom, 1-bathroom units, each with en-suite laundry, and separate gas/electric meters. One unit is newly vacant, having most recently rented for $1,700 per month, offering a new owner flexibility to select their own tenant or occupy. Recent improvements include new windows, masonry repairs, new floors, and fresh interior paint, helping reduce near-term capital needs. Located approximately 45 minutes from downtown Ottawa, the property offers an attractive balance of affordability, tenant demand, and long-term growth potential. Whether you’re adding to an existing portfolio or stepping into your first multi-unit investment, this property offers immediate income and upside in a desirable commuter location. (id:66888)

Smiths Falls, Ontario

Exceptional turnkey duplex with a classic red-brick exterior, offering solid income and recent property upgrades. The building features two self-contained 2-bedroom, 1-bathroom units, each with en-suite laundry, and separately gas/electric metered. One unit is newly vacant, having most recently rented for $1,700 per month, offering a new owner flexibility to select their own tenant or occupy. Recent improvements include new windows, masonry repairs, new floors, and fresh interior paint, helping reduce near-term capital needs. Located approximately 45 minutes from downtown Ottawa, the property offers an attractive balance of affordability, tenant demand, and long-term growth potential. Whether you’re adding to an existing portfolio or stepping into your first multi-unit investment, this property offers immediate income and upside in a desirable commuter location. (id:66888)

Laurentian Valley, Ontario

Triplex located on a beautiful 1.42 acre lot on the outskirts of Petawawa, backing onto Hales Creek. Unit 1: 2 Bedroom On 2 year Lease $860/mo + utilities (and they do their own lawn and snow removal). Unit 2: 2 Bedroom Vacant CURRENTLY BEING REFRESHED/UPDATED. Unit 3: 1 Bedroom: Vacant fully renovated. Property Taxes: $2884/annually. Insurance: $2980/annually. Oil Furnace for Unit 1 (2009) – Tenants pay for oil. Septic Tanks (2) Approx. 1978 (?) – Pumped July 2026. Roof on Main 5 years old (the other side being replaced September). Dug Well serves all 3 units. HWT x 3 (all owned). Vacant units can be viewed with little notice, however tenant occupied unit requires significant notice to respect schedules. (id:66888)

Hawkesbury, Ontario

394 406 Regent Street offers an outstanding investment and development opportunity in the rapidly growing community of Hawkesbury. Ideally positioned in a prime location close to numerous high-traffic shops, restaurants, services, and everyday amenities, this property is perfectly suited for developers looking to capitalize on strong rental demand and future growth potential.With current zoning already permitting a 12-unit residential building, the site presents an excellent opportunity for immediate development. In addition, pending provincial legislation focused on increasing housing density may allow for even greater development potential in the future, making this an attractive long-term hold or build opportunity.Located in a highly accessible area with strong surrounding commercial activity, this property offers convenience, visibility, and proximity to everything tenants desire. Whether you are an experienced developer, investor, or builder looking to expand your portfolio, this is a rare chance to secure a strategically located multi-residential development site in one of Eastern Ontario’s growing markets.Don’t miss this exceptional opportunity to invest in the future of Hawkesbury with strong upside potential and prime positioning. (id:66888)

Brockville, Ontario

This DUPLEX at 7 Elm St., Brockville is an absolute must for the investment portfolio, or live in one half and rent the other! Completely renovated inside and out & every detail has been thought out. Major improvements over the last 4 years include steel roof, vinyl siding, double hung vinyl windows, paved driveway, front deck, full second level renovation, main level updates including floors, laundry & painted throughout. FA Natural Gas, central air & updated electrical/plumbing complete this brilliant property. Located on a dead end street, seconds walk to the Brock Trail, minutes to downtown shopping, grocery, splash pad/outdoor rink, Brockville Arts Centre, St Lawrence River/Blockhouse & so much more. The lower level is a 1 bedroom + laundry (could be converted back to a bedroom), 1 – 4PC bath and currently tenanted. The upper level is a 2 bedroom, 1 – 4PC bath and vacant. Each unit includes 1 parking space and both units share the quaint back yard. Completely move in ready with nothing to do! This one is definitely worth the look. (id:66888)

Lanark Highlands, Ontario

Excellent opportunity to own a solid income-producing 4-plex in Lanark, generating $56,400 in gross annual rental income. The property consists of four rental units. The 1st-floor 2-bedroom apartment rents for $1,350 per month, while the 2nd-floor 1-bedroom apartment rents for $1,200 per month. There are also two 2-bedroom apartments occupying the 1st and 2nd floors, renting for $650 and $1,500 per month respectively. That gives the property a total rental income of approximately $4700 per month, or $56,400 annually. The annual operating expenses are very reasonable. Property taxes are $4,019.07 per year, insurance is $3,520, hydro is $600, and propane is $1,400, total annual expenses to approximate $9,539.07. There are also several desirable features that make this property attractive from both an investment maintenance standpoint. The building has a steel roof, copper wiring with breaker panels, hardwood floors, a newer water pressure tank, and a full basement that provides plenty of storage space. The property uses a propane hot-water tank, and all tenants pay their own hydro and heating costs, helping to keep the owner’s operating expenses down. Lanark is approximately 45 minutes from downtown Ottawa, 10 miles north of Perth, and about 20 minutes west of Carleton Place. The community offers the everyday amenities tenants need, including a grocery store, gas station, library, town hall, pizzeria, chip stands, and more. Lanark is also attracting increasing attention from Ottawa buyers looking for more affordable real estate and income-producing properties outside the city. For investors looking for cash flow, affordability, and long-term potential, this is a property worth taking a serious look at – before Lanark values move even higher. (id:66888)

Clarence-Rockland, Ontario

Located in the village of Bourget this well maintained property has 3 rental units. The main floor unit and second floor units have one bedroom and there is a bachelor unit on the main floor. All are presently rented with long term tenants who would love to stay. Each tenant has their own parking space and storage space. The rear of the building has a large attached shed that is presently being used by the owner. There have been many upgrades done over the years including siding, roof, some windows and electrical. There are 3 separate hydro meters. This would be a great investment property! Ask about updated rental income! (id:66888)

Champlain, Ontario

A unique property to create a unique lifestyle. An income property, investment property or home, sweet home? You decide. Live in a quiet two-storey apartment in this historic brick building in picturesque L’Orignal and enjoy morning coffee from your upper balcony with a river view and end your day with breathtaking sunsets, A LR is on the main floor with large kitchen, two bedrooms, laundry and full bath upstairs. An extra room in the basement offers extra living space. PLUS: An updated one-bedroom apartment fronts on King Street, offering extra income or use it as an in-law suite or as an office. This building has been renovated to building code and is ready for you to reap the rewards! A walkable community, proximity to Highway 17, local park, sandy beach, marina, post office, school and church. Upstairs apartment is vacant. The main floor, 1-bedroom apartment is rented at $785 per month to a lovely tenant. All appliances included. Two sheds on the property. Note that some furnishings in 2-bedroom apartment can be included. 24 hours irrevocable on all offers. (id:66888)

Smiths Falls, Ontario

UNBEATABLE VALUE!! Welcome to this spacious and versatile two-storey detached Side by Side Duplex in Smiths Falls, a great opportunity for investors, multi-generational families, first-time buyers or those looking to combine comfortable home ownership with potential rental income. The featured unit offers an inviting layout with plenty of natural light throughout. The main level welcomes you through a dedicated foyer into a bright living room that flows naturally into a separate dining room, providing an ideal setting for family meals, entertaining or a flexible home-office area, while the generously sized kitchen offers space for meal preparation and everyday living. Upstairs you will find three bedrooms, including a spacious primary bedroom, two additional bedrooms ideal for children, guests or office space, and a full four-piece bathroom with tub. Generous windows and the character of a traditional two-storey home create a comfortable setting for families and tenants alike. The detached duplex configuration provides the versatility of two separate residences under one roof, making this property appealing to an owner-occupier looking to offset monthly expenses, an investor seeking an income-producing property, or an extended family wanting independent living arrangements while remaining close together. Located in the welcoming community of Smiths Falls, the property offers convenient access to schools, shopping, grocery stores, restaurants, parks, recreation facilities and services. Enjoy the historic downtown, Rideau Canal and waterfront areas, with opportunities for walking, boating, paddling and outdoor recreation. Smiths Falls also offers VIA Rail service and a convenient Eastern Ontario location with access to Ottawa, Perth, Carleton Place and surrounding communities, making it attractive to commuters and those seeking value outside the city. Separate hydro and heat. One side vacant and easy to show! Some pictures virtually altered/staged to show potential. (id:66888)

Cornwall, Ontario

Welcome to 225-225A 8th St W. This Duplex offering immediate rental income in a desirable central Cornwall neighbourhood. The property is fully tenanted .This well-laid-out up/down duplex features two self-contained units. The upper unit includes 3 Bedroom, kitchen, a comfortable living area, and a 4-piece bathroom. The lower unit offers 3 Bedrooms, kitchen, living room, and 4-piece bath plus access to the half basement.Tenants pay own utilities. Long term tenants(main floor ,over 15 years)Main floor Tenants and upstairs. Good neighbourhood, walking distance to Center Town, St.Lawrence park, St Lawrence River, just a few blocks from public transit, grocery stores, banking, restaurants, and a pharmacy, this property delivers everyday convenience. This Duplex presents an excellent opportunity to grow your real estate. Both units have their own washer dryer hookups as well as separated utilities.Main floor has access to the garage ,first floor has access to the shed..Each unit is separately equipped with its own heating source, providing efficiency and ease of management. (id:66888)