$500,000 – $600,000 Multi-Family Homes For Sale

Carleton Place, Ontario

This beautifully maintained TRIPLEX (owned by the same owners since 2004) located in a highly sought-after neighborhood, presents an incredible investment opportunity. Just a block away from Centennial Park, residents can easily access a dog friendly beach, expansive greenspace, and peaceful walking trails. The property is conveniently walking distance from downtown Carleton Place, offering a variety of quaint shops and restaurants. Highlights include a huge backyard, parking for 4 cars, and recent upgrades like a new roof and eavestroughs in 2023, and a fresh exterior repaint in 2025. The triplex features three units with recent renovations: Unit #189 updated in 2023 is a 1 bdrm upper unit. Unit #193 refurbished in 2024 is a 2 bdrm upper unit. Unit #191 freshly painted in 2026 is a 3 bdrm main floor unit. Most windows have been upgraded over the years, enhancing energy efficiency. All units have their own hot water tanks that are owned not rented. This property is a fantastic opportunity for both seasoned investors and newcomers to the real estate market, promising immediate and long-term rewards in a charming community. 24 hour irrevocable on all offers. (id:50982)

Clarence-Rockland, Ontario

What an incredible investment opportunity under $600K! This triplex has spacious units, each with a private entrance, and has a list of recent renovations/upgrades including: roof, siding, decks, bathrooms, windows, and appliances. All lunits have two bedrooms, an in-suite washer and dryer, parking, and are leased month to month with a total income of $3585. Unit 1, on the left, is a two-story unit with 1.5 baths and a large private backyard. Unit 2, at the front, has 1 bath and a large deck. Unit 3, at the back, as 1.5 baths and an enormous private backyard. There is additional storage space in the basement that is accessed from the right-side door. This is your chance to secure a lucrative property. Book your showing today! Some photos are digitally enhanced. (id:50982)

Russell, Ontario

Calling all Investors! Welcome to 88 Craig Street, a legally conforming duplex with additional commercial potential in the heart of Russell Village. This unique property offers an ideal blend of residential income and business opportunity, located on the main road leading into the village – providing excellent exposure for a home-based business or professional office. The main floor features a bright 2-bedroom residential unit, all on one level, with its own laundry and spacious living areas. The lower level offers a comfortable 1-bedroom suite with a separate entrance, perfect for tenants or extended family. Completing the property is a dedicated commercial/office space on the main floor – a rare and valuable feature in this location. The 2-bedroom unit is currently rented, offering immediate income potential. Ample parking and a deep lot add to the versatility of this property. Whether you’re looking to expand your investment portfolio, operate your own business, or enjoy live-work flexibility, 88 Craig Street delivers endless possibilities. Both units have Laundry. Main Floor 2 bedroom Unit is approximately 1100 sq ft, Main Floor office is approximately 270 sq ft, Lower Unit is approximately 1000 sq ft. Renovation completed in 2012 permits available. Home Based Business possibilities. Storage available in the basement. (id:50982)

Arnprior, Ontario

Smart Start for First-Time Buyers! 54 and 56 Williams Street. Live in One Unit, Rent Out the Other!Fantastic investment opportunity in the heart of Arnprior. This well-maintained two-storey duplex is ideal for first-time buyers looking to enter the market with built-in rental income. Live in one unit and rent out the other, a great way to offset your mortgage while building equity. Each spacious unit features 3 bedrooms, 1 full bathroom, in-unit laundry, and dedicated parking. With a functional layout and solid rental potential, this property also suits multi-generational living or long-term investors.Set on a generous lot in a prime central location, you’re walking distance to schools, parks, shopping, and Arnprior’s popular restaurants and cafes.Across the street, enjoy direct access to the Algonquin Trail a 296 km multi-use trail perfect for biking, jogging, dog walking, snowmobiling or snowshoeing. A rare chance to own a versatile, income-generating property in one of Arnprior’s most desirable neighbourhoods. Please note: To respect the privacy and comfort of the current tenants, interior photos are not available, however, a detailed floor plan has been provided. You can move into one of the units as early as November 1st. (id:50982)

The Nation, Ontario

FULL HST REBATE INCLUDED IN LISTING PRICE! OPEN HOUSE Sunday April 19th 1:00pm – 4:00pm AT 63 Chateauguay Street, Embrun. Introducing the Audrey a sleek and stylish bungalow offering 1,315 square feet of thoughtfully designed main-level living. With 2 bedrooms and 2 full bathrooms, this home is ideal for those seeking one-level comfort without compromising on elegance or function. The open-concept layout creates a seamless flow between the living, dining, and kitchen areas, making everyday life and entertaining feel effortless. The primary suite is a true retreat, complete with its own private ensuite for added comfort and privacy. A spacious 2-car garage adds practicality, rounding out a design that’s perfect for downsizers, first-time buyers, or those seeking a modern, low-maintenance lifestyle. Adding even more value and flexibility is the fully legal basement unit, featuring 2 bedrooms and a 4-piece bathroom perfect for rental income, extended family, or guests. Whether you’re looking to invest or simply maximize your living options, the Audrey delivers. Constructed by Leclair Homes, a trusted family-owned builder known for exceeding Canadian Builders Standards. Specializing in custom homes, two-storeys, bungalows, semi-detached homes, and now offering fully legal secondary dwellings with rental potential in mind, Leclair Homes brings detail-driven craftsmanship and long-term value to every project. (id:50982)

The Nation, Ontario

FULL HST REBATE INCLUDED IN LISTING PRICE! OPEN HOUSE Sunday April 19th 1:00pm – 4:00pm At 63 Chateauguay Street, Embrun. Welcome to the Emma a beautifully designed 2-storey home offering 1,555 square feet of smart, functional living space. This 3-bedroom, 2.5-bath layout is ideal for families or anyone who values efficient, stylish living. The open-concept main floor is filled with natural light, and the garage is conveniently located near the kitchen perfect for easy grocery hauls straight to the pantry. Upstairs, the spacious primary suite features a walk-in closet and private ensuite, creating a relaxing retreat at the end of the day. Every inch of the Emma is thoughtfully laid out to blend comfort, convenience, and modern design. What truly sets this model apart is its fully legal, separate metered basement unit, complete with a separate 1-bedroom layout and 4-piece bathroom. Whether you’re looking to generate rental income, accommodate extended family, or create a private guest space, this built-in secondary dwelling offers flexibility and long-term value. Constructed by Leclair Homes, a trusted family-owned builder known for exceeding Canadian Builders Standards. Specializing in custom homes, two-storeys, bungalows, semi-detached homes, and now offering fully legal secondary dwellings with rental potential in mind, Leclair Homes brings detail-driven craftsmanship and long-term value to every project. (id:50982)

The Nation, Ontario

FULL HST REBATE INCLUDED IN LISTING PRICE! OPEN HOUSE Sunday April 19th 1:00pm – 4:00pm at 63 Chateauguay Street, Embrun. Welcome to the Cecilia, a modern semi-detached bungalow offering 1221 square feet of thoughtfully designed main-level living. With 2 bedrooms, 1 bathroom, and a 1-car garage, this home is an excellent fit for downsizers, first-time buyers, or anyone seeking easy, single-level living with just the right amount of space. The open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a bright and inviting environment perfect for relaxing evenings or entertaining guests. Clean lines, natural light, and functional design make the Cecilia feel both warm and modern. What sets this semi apart is the fully legal basement unit, featuring 2 additional bedrooms and a 4-piece bathroom ideal for extended family, guests, or generating rental income. This smart addition offers long-term flexibility while maintaining privacy and separation from the main living space. Constructed by Leclair Homes, a trusted family-owned builder known for exceeding Canadian Builders Standards. Specializing in custom homes, two-storeys, bungalows, semi-detached homes, and now offering fully legal secondary dwellings with rental potential in mind, Leclair Homes delivers detail-driven craftsmanship and long-term value in every build. (id:50982)

Ottawa, Ontario

What a GREAT buy! This LEGAL duplex has been in the family since 1965!! Not only is the duplex itself in GREAT shape, there is an oversized detach 1.5 car garage with a 10-foot door AND 2 outdoor storage lockers perfect for garbage & recycling or sports equipment! A FULL stone front, a covered front porch, driveway can accommodate parking for 2 mid size vehicles – ALL rare features for downtown living. The 2-story main level unit offers a spacious living area & good size kitchen, 1 bedroom, an updated 4-piece bath, a FULLY finished lower level with a den & 3-piece bath- this unit is SPOTLESS!! The second level unit can be accessed from the front & backyard; it offers a very bright living space, 2 bedrooms & an updated bath with a tub & shower combo! For downtown living this backyard is considered BIG! Roof 2006 window 1996/ SEPARATE HYDRO METERS/ Tenant is vacating APRIL 20th 2026 (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)

Ottawa, Ontario

Property was a purpose built 4 plex. Property was damaged due to a fire on the second floor and it is unsafe to view the interior. Property to be sold “as is, where is” condition, the buyer accepts the property in its current condition, including all defects, whether known or unknown, latent or patent. The seller is not responsible for repairs, remediation, or clean-up after closing. Showings are for the exterior only. (id:50982)

Ottawa, Ontario

Charming semi-detached duplex with hardwood floors, exposed brick and bright updated spaces. Unit 1 features a spacious deck, while Unit 2 offers a private balcony, both with separate entrances for added privacy. Recent upgrades include a ductless heat pump (main floor), new skylight, rear east shingles, updated bathroom fans, and eavestroughs. Fresh paint and a clean finish make this home move-in ready. Steps to the ByWard Market, Parliament, Rideau Centre, and Ottawa. Live in one unit and have your tenant contribute to your mortgage, or rent both units and add this charming investment property to your portfolio! (id:50982)

Edwardsburgh/cardinal, Ontario

Discover a rare and remarkable investment opportunity with this fully tenanted, well-maintained solid 4-plex, ideally located just two blocks from the scenic St. Lawrence River in the charming community of Cardinal.This property delivers impressive cash flow and features four well-appointed units-two generous 2-bedroom suites and two inviting 1-bedroom units. Each tenant enjoys the convenience of separately metered hydro, in-unit laundry, and their own fenced backyard, offering a blend of comfort and privacy rarely found in multi-unit buildings.Adding even more value, the property includes four individual storage units, perfect for seasonal items or additional tenant needs. There’s also ample parking for all residents.With its strong rental demand, thoughtful layout, and prime location, this 4-plex stands out as an investment with long-term upside. Whether you’re expanding your portfolio or stepping into multifamily ownership, this property checks all the boxes for a smart, reliable, and high-yield asset with over 9% cap rate. (id:50982)