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

Ottawa, Ontario

Detached homes at this price are hard to find. 137 Genest Street is a freehold front-to-back duplex with over 1,900 square feet above grade. The front unit was built in 1932, and the back section was added decades later. Each unit has its own living and dining space, with five bedrooms and 2.5 bathrooms in total (one full bath in the front, 1.5 in the back). Live in one unit and rent the other to offset your mortgage. Bring the extended family together under one roof. Or hold it as a straight investment. The deep lot has room for gardening, pets, or a quiet afternoon outside. A detached garage adds storage and parking, and there are no condo fees. The same family has owned and cared for the home since the 1960s. Vanier puts you just east of downtown, close to local schools, the independent shops along Beechwood Avenue, and the pathways along the Rideau River. (id:66888)

Ottawa, Ontario

Welcome to 277 St. Patrick Street, a charming semi-detached duplex in the heart of downtown Ottawa! An excellent opportunity for investors looking to add an income-generating property to their portfolio in a highly desirable central location.Featuring two self-contained units, each with its own private entrance, and in-unit laundry, this property offers convenience, privacy, and a practical setup for both tenants and investors. Both units are currently rented for $1,800 per month each, generating $3,600 in monthly rental income ($43,200 annually).The main-floor unit features a functional 1-bedroom layout with a kitchen, 3-piece bathroom, in-unit laundry, and direct access to an outdoor deck.The upper-level unit offers 2 bedrooms, bright living spaces, charming exposed brick accents, an efficient kitchen, 3-piece bathroom, in-unit laundry, and a private balcony, creating a comfortable and inviting living space.Located just steps from the ByWard Market and minutes from Parliament Hill, Rideau Centre, restaurants, cafés, shopping, and public transit, this property puts tenants in the centre of everything downtown Ottawa has to offer.With two income-producing units already in place, separate hydro meters, and a prime downtown location, 277 St. Patrick Street presents a great opportunity to invest in Ottawa’s rental market. Don’t miss your chance to add this centrally located duplex to your investment portfolio! (id:66888)

Casselman, Ontario

Discover the Lotus Duplex Model by Solico Homes, a modern and versatile property offering the perfect blend of lifestyle and income potential!! Potential monthly income of $1050/month for the lower unit. Great investment opportunity Ideal for owner-occupiers or investors, this thoughtfully designed duplex delivers space, functionality, and flexibility in a family-friendly community. The main unit features 1,464 sq. ft. of bright, open-concept living space, complete with 3 bedrooms, 1 full bathroom, and a convenient powder room. The spacious layout is designed for everyday living and entertaining, highlighted by an impressive 12-ft patio door that floods the main floor with natural light and creates a seamless connection to the outdoors. The lower level offers a fully self-contained secondary unit (approx. 733 sq. ft.) with a separate entrance, 1 bedroom, and 1 bathroom-perfect for generating rental income, accommodating extended family, or creating a private in-law suite. Situated in a desirable, family-oriented neighbourhood, this home is close to parks, schools, and essential amenities, making it an excellent choice for both homeowners and tenants alike. Customize your finishes and create a home that reflects your personal style while maximizing long-term value. All applicable credits have already been applied to the listed prices. The builder has directly applied the credit based on the information currently available under the new government program. Should the government modify the process and require the credit to be claimed directly by the buyer, the price will be adjusted accordingly. (id:66888)

Ottawa, Ontario

Live! Earn! Develop! Just Steps from Beechwood Village! Ideally located in vibrant Vanier, just minutes’ walk from the shops, cafés, restaurants, and amenities of sought-after Beechwood Village, 44 Ste-Cécile offers an exceptional combination of lifestyle, rental income, and redevelopment potential. Perfect for homeowners seeking a mortgage helper, investors, or developers.The spacious main residence offers the comfort, character, and privacy of a detached home, featuring two full bathrooms, a powder room, and a generous primary bedroom with an ensuite and walk-in closet-features rarely found in traditional duplexes. A separate, self-contained secondary unit with one bedroom and bonus area on a separate level, bathroom, living room and good sized kitchen, provides rental income, with potential gross annual revenue of approximately $42,000 when both units are rented (tenants responsible for utilities). The main residence is currently vacant but has a strong rental history, while the secondary unit rents for $1,400/month + utilities. Both units have historically been fully rented. Added conveniences include air conditioning in the main residence and separate in-unit laundry for both spaces. Set on an approximately 40 x 100 ft lot, the property offers significant redevelopment potential. The upgraded N4B H(11) zoning (per GeoOttawa/to be verified by Buyer) supports residential intensification and multi-unit development, with an 11-metre height designation, subject to applicable zoning requirements and municipal approvals. Enjoy easy access to Rockcliffe Park, downtown Ottawa, the ByWard Market, the Rideau River, public transit, and scenic cycling paths. Live comfortably, earn rental income, or unlock future development potential-all within walking distance of Beechwood Village! Unit 2 is tenant-occupied. Minimum 24 hours’ notice required for showings. (id:66888)

Ottawa, Ontario

INVESTMENT OPPORTUNITY for under $675,000! Three Storey semi detached TRIPLEX in the heart of Chinatown. Zoned R4H and Ideally located with a school directly across the street and just minutes to Downtown, Little Italy, public transit, shopping, restaurants, parks, and all amenities. This centrally located income property offers an excellent opportunity for investors looking to expand their portfolio or those seeking a property with strong rental potential. Situated on an 18.18′ x 71.19′ lot, the property includes one front parking space and a spacious backyard for tenants to enjoy. Offering an attractive CAP RATE of 6.12% and Gross Annual rental income of $51,924 this is a turnkey investment with immediate cash flow. Rented on an All Inclusive basis. Unit 1: A two bedroom, one bathroom unit on the main floor with access to the finished basement, providing additional living space and a dedicated laundry area. The kitchen and several interior finishes were updated in 2022, along with newer floors in 2026. Unit 2: One bedroom, one bathroom apartment on the second floor with its own washing machine. Unit 3 is a one bedroom, one bathroom unit that provides additional rental income. The property is heated by natural gas forced air and serviced by one hydro meter. All appliances are included! Located in one of Ottawa’s most desirable rental areas with consistent tenant demand, this property offers excellent long term investment potential and the opportunity to generate reliable income from day one. A fantastic opportunity to own an affordable multi unit property in a prime central location. Book your private showing today! 24 hour irrevocable required (id:66888)

Hawkesbury, Ontario

Well-maintained and fully tenanted triplex offering strong and stable income, generating *approximately $30,000 in net annual income. This solid investment property features a desirable unit mix of **two 2-bedroom units and one 3-bedroom unit*, each thoughtfully laid out and well cared for. All units have been *updated approximately 10 years ago*, providing improved finishes and long-term durability while maintaining strong tenant appeal. The property is fully occupied with reliable tenants in place, offering immediate cash flow for investors. Located in a convenient area of Hawkesbury close to schools, shopping, parks, and essential amenities, this property is well-positioned for consistent rental demand. A rare opportunity to acquire a *turnkey multi-family investment* with strong income performance and minimal vacancy risk. Ideal for both seasoned investors and those looking to enter the multi-residential market. (id:66888)

Smiths Falls, Ontario

Looking for a great investment property then this is the one for you. This 2 unit property offers a 3 bedroom, 1 bath unit at the front of the building and a 2 bedroom, 1 bath unit at the back of the building. Both units are spacious and have access to an oversized backyard that provides plenty of green space where tenants can relax and enjoy summer evenings. The property is centrally located and within walking distance to local parks, the downtown core, area and hospital. There have been a number of updates over the years which include: two furnaces, approximately 10 years old. One gas hot water tank, approximately 10 years old, owned. Roof shingles: approximately 10 years old. Windows: approximately 10 years old. Unit A pays $1125.00 per month with water/sewer, heat & hydro included. Unit B pays $1050.00 with water/sewer, heat & hydro included. The pictures are of the 2 bedroom. (id:66888)

Ottawa, Ontario

Great Value and you can set your Own Rent! This Duplex on a large lot in a fantastic location is ready for you to enjoy. The Main floor 3 bedroom unit will be vacant on closing, so you can either set your own rent or move in and take advantage of the Upper Unit cash flow. This well cared for home is located in a wonderful area, only steps to Beechwood Ave, shopping, transit, schools and more. The 2 storey Main Level unit offers spacious living and dining areas and a good sized Kitchen, with 3 bedrooms, 3 bathrooms, and a finished lower level with den, laundry and plenty of room for extra storage. The One Bedroom upper unit is spacious and well laid out, with full bathroom and in-unit laundry. Perfect for extra cash flow to help pay the mortgage. The large property also boasts an oversized detached garage with electricity, heat and water hookups, and the private backyard patio allows for easy enjoyment of the summer. This large, well located lot also allows for potential multi unit future development possibilities in a great location. Seller willing to hold VTB for financing. (id:66888)

Edwardsburgh/cardinal, Ontario

Fully tenanted four-unit property offering strong income potential within walking distance of the post office, local shops and the waterfront Cardinal Legion. Units 1 and 2 each feature two bedrooms and one bathroom, while Units 3 and 4 each offer one bedroom and one bathroom. Each unit has separately metered hydro, in-unit laundry and its own fenced backyard, providing tenants with added convenience and privacy. An on-site shed provides dedicated storage space for each unit, and there is ample parking for residents. With a practical layout and strong rental demand, this property is an excellent opportunity for investors looking to expand their portfolio. 24-hour irrevocable period is required on all offers. Minimum of 24 hours’ notice is required for all showings. (id:66888)

Ottawa, Ontario

Excellent triplex located on a quiet street across from a park! All three units are 2 bedrooms, with their own laundry , great open concept layouts and hardwood floors throughout. Top floor unit features a private balcony and vaulted ceilings. Three parking spots. All tenants are now month-to-month, total annual rent is $55,831.44. (id:66888)

Brockville, Ontario

Attention Investors or those looking to start a portfolio. Prime downtown location. Please Give consideration to 108-110-112 King St West together with 13 Buell Lane. Well established and well maintained. Building Offers 2 – street level store front commercial units both occupied with leases. A 2-bedroom + den 2- level apartment, a 1 bedroom 2nd level Apartment both occupied with leases. Also an additional Storage area on the top floor that was once a bachelor unit and can be restored to that for additional income. 13 Buell Lane is a stand alone house with 2 bedrooms and a carport and is also occupied and month to month. Current gross operating income is $62,724.00 Tenants pay all their own utilities. Paved parking is available for 2 commercial units and the 2-level 2-bedroom unit (Total parking 4). Full information about the property is available upon request. HST will apply to the commercial portion and if applicable will be in addition to. Owners have upgraded and updated the interior, and exterior of this building and leaves little to do for a new owner. Income and expenses will be available upon request. (id:66888)

Ottawa, Ontario

Excellent opportunity for investors or owner-occupants with this well-maintained up-and-down duplex offering strong income potential and flexible living arrangements. Live in one unit while generating rental income from the other, or maximize your investment by renting both units. The main floor unit is currently vacant and features a spacious layout with 1 bedroom and the potential for a second bedroom in the lower level. This unit offers a bright eat-in kitchen, generous living and dining/family room areas, ample storage space, and an updated bathroom. The vacant status provides immediate occupancy for an owner-user or the opportunity to secure market rent. The upper unit features 2 bedrooms, a spacious living room, dedicated laundry area, and a private south-facing balcony that enjoys excellent natural light throughout the day. This unit is currently rented at $995/month, providing immediate income from day one. Several major updates have already been completed, helping to reduce future capital expenses and providing peace of mind for the next owner. Improvements include a new roof (2023), gas furnace (2018), hot water tanks (2015), renovated main floor bathroom (2014), and weeping tile with sump pump installation in the basement (2009). The property offers manageable operating costs with 2025 expenses including approximately $816 for water, $1,044 for hydro servicing the main floor, common areas and upper unit common services, and approximately $1,700 annually for Enbridge natural gas heating serving both units. Whether you’re looking to offset your mortgage through rental income, expand your investment portfolio, or secure a property with future upside, this duplex offers flexibility, functionality, and long-term value. With one unit already generating income and the other available for immediate occupancy or rental, this is an excellent opportunity in today’s market. Some photos virtually staged. (id:66888)