$700,000 – $800,000 Multi-Family Homes For Sale

Ottawa, Ontario

The CASH FLOW property you’ve been waiting for, just steps off Beechwood Avenue! This fully tenanted three-unit home sits half a block from the heart of Beechwood Village. Cafes, restaurants, bakeries, grocery and transit are all at your doorstep, with New Edinburgh, Rockcliffe Park and the Rideau River pathways a short walk away and downtown and the ByWard Market only a 10 minute bike ride away. Locations like this rarely come to market, and tenant demand here is relentless. INVESTORS: 6.5% CAP RATE. Based on the current rent roll and the seller’s 2025 operating costs, gross income is $61,167, operating expenses are just $13,756 and NET OPERATING INCOME is $47,411. That’s over $850/month(10,266/year) in positive cash flow at conventional financing. Three self-contained units: a 2 bedroom main floor, a 1 bedroom plus 2 den upper and a 1 bedroom lower level. Each unit has its own in-suite laundry and its own hydro meter (tenants pay hydro). There are 4 PARKING SPOTS, rare for the area! Three are rented to the tenants for $1,800/year, and the fourth is available, an easy opportunity for additional income. FANTASTIC tenants are in place. The big-ticket items are DONE. A high-efficiency gas furnace and owned tankless water heater were installed in 2024, so there’s no rental equipment. An engineered partial foundation replacement with a new sump pump was completed in 2021 and 2024, with over $83,000 invested. The front porch and its support wall were rebuilt in 2026, and the kitchens were updated in Unit 2 (2018) and Unit 3 (2022). Low expenses, low maintenance and professionally managed, this is a true turnkey investment in one of Ottawa’s most walkable pockets. Full financial package and pre-inspection available on request. (id:66888)

Ottawa, Ontario

A three-car oversized garage of approx 1,300 square feet is a rare find in Vanier, and it’s the standout feature of 253 Frechette Street. With room for vehicles, equipment, inventory, or a workshop, it’s an ideal setup for a home-based business, with possible commercial use adding even more flexibility. Above and beyond the garage, this three-unit building offers three separate, self-contained units in one of Vanier’s most vibrant and fast-evolving neighbourhoods. Whether you’re an investor seeking immediate rental income, an owner-occupier looking to offset your mortgage, or a builder eyeing development potential, this property delivers options. You’re within easy reach of shops, restaurants, transit, and everyday amenities on Beechwood Avenue, where the village is booming, all in a community that keeps growing in demand and character. Solid space, real flexibility, and genuine upside: this is an investment property with room to grow. (id:66888)

Ottawa, Ontario

EXCEPTIONAL VISIBILITY. FLEXIBLE POTENTIAL. PRIME DOWNTOWN LOCATION. Positioned on a prominent corner in the heart of downtown Ottawa, this fully vacant duplex offers a rare & unique opportunity in one of the city’s most connected, walkable & rapidly evolving neighbourhoods. Featuring two 2-bed units, along with four on-site parking spaces, the property provides immediate options for investors, developers, or owner-occupiers, with strong potential for redevelopment. Set on a northwest-facing corner lot the property benefits from Traditional Mainstreet zoning [TM14 H(17)], allowing for a variety of residential or mixed-use possibilities. This zoning supports everything from low- to mid-rise residential & boutique multi-unit projects to commercial space with residential above, making it well suited for thoughtful growth in line with the City’s long-term vision. Full municipal services are already in place, offering a smooth path for both current use & future plans. A rare advantage in this urban setting is the four owned off-street parking spaces with access from Lyon Street, adding everyday convenience & long-term value. The corner lot layout also allows for flexible, efficient building design & strong street presence. The location truly sets this property apart. With Walk Scores in the mid to high 90s, everyday amenities such as groceries, cafés, restaurants, parks, boutiques & essential services are just steps away. The property is well served by multiple OC Transpo routes & is moments from Lyon LRT Station, providing quick access to downtown, major employment centres & the wider city. Surrounded by ongoing & future development, this central location continues to benefit from strong demand & long-term growth. Whether you’re looking for a duplex with immediate potential, a smart land holding, or a prime infill opportunity, this is a compelling chance to secure a highly visible corner property in Ottawa’s urban core. (id:66888)

Ottawa, Ontario

EXCEPTIONAL VISIBILITY. FLEXIBLE POTENTIAL. PRIME DOWNTOWN LOCATION. Positioned on a prominent corner in the heart of downtown Ottawa, this fully vacant duplex offers a rare & unique opportunity in one of the city’s most connected, walkable & rapidly evolving neighbourhoods. Featuring two 2-bed units, along with four on-site parking spaces, the property provides immediate options for investors, developers, or owner-occupiers, with strong potential for redevelopment. Set on a northwest-facing corner lot the property benefits from Traditional Mainstreet zoning [TM14 H(17)], allowing for a variety of residential or mixed-use possibilities. This zoning supports everything from low- to mid-rise residential & boutique multi-unit projects to commercial space with residential above, making it well suited for thoughtful growth in line with the City’s long-term vision. Full municipal services are already in place, offering a smooth path for both current use & future plans. A rare advantage in this urban setting is the four owned off-street parking spaces with access from Lyon Street, adding everyday convenience & long-term value. The corner lot layout also allows for flexible, efficient building design & strong street presence. The location truly sets this property apart. With Walk Scores in the mid to high 90s, everyday amenities such as groceries, cafés, restaurants, parks, boutiques & essential services are just steps away. The property is well served by multiple OC Transpo routes & is moments from Lyon LRT Station, providing quick access to downtown, major employment centres & the wider city. Surrounded by ongoing & future development, this central location continues to benefit from strong demand & long-term growth. Whether you’re looking for a duplex with immediate potential, a smart land holding, or a prime infill opportunity, this is a compelling chance to secure a highly visible corner property in Ottawa’s urban core. (id:66888)

Ottawa, Ontario

Welcome to 24 Newhaven Street! Turnkey legal duplex on an oversized 75′ x 100′ lot in a quiet, established pocket of Nepean. 24 Newhaven Street is tenanted and recently renovated, currently generating $60,900 in annual gross income. It offers investors strong, stable cash flow and owner occupiers the option to live in one unit while the other helps pay the mortgage. The upper unit offers 4 bedrooms and 1 bathroom, and the lower unit offers 3 bedrooms and 1 bathroom. Both units were renovated in 2025-2026 with new kitchens, new bathrooms, pot lighting and updated finishes throughout. The property has been well maintained, with no expected maintenance or major repairs, making this a truly hands off investment. Legal duplex status is supported by an occupancy permit on file. Gas heat keeps operating costs efficient. Location is a major draw. A bus route runs directly across the street, and Algonquin College’s Woodroffe campus and Baseline Station are just a short drive away, making this an easy rent for students and young professionals. A park is just around the corner, and everyday shopping including Metro at the Greenbank Hunt Club Centre is close by. College Square, Merivale Road shopping and Queensway Carleton Hospital are all within minutes. The large lot provides ample parking, a generous yard and potential to add value in the future, subject to city approvals. Whether you are growing a rental portfolio or looking for a mortgage helper in a high demand rental area, this is a low maintenance, income producing property ready from day one. Tenanted, 24 hours notice required for all showings. Listing agent is a partial owner. (id:66888)

Ottawa, Ontario

Excellent opportunity to own a well-maintained all-brick triplex offering strong cash flow and long-term investment potential. This solid multi-family property features three self-contained units consisting of two 2-bedroom apartments and one 1-bedroom apartment, for a total of 5 bedrooms. All tenants are currently on month-to-month leases, providing flexibility for investors looking to optimize rents or owner-occupants seeking future occupancy options.The property currently generates $4,500/month ($54,000 annually) in gross rental income. Unit 1 rents for $1,500/month, Unit 2 for $1,300/month (long-term tenant of approximately 10 years), and Unit 3 for $1,700/month. Tenants are responsible for their own hydro, while the building is heated by a central boiler system. Additional utility features include four separate gas meters and three individual hot water tanks, one servicing each unit.Several major capital improvements have already been completed, including foundation underpinning (2012), new roof drain and re-routing of the drain pipe (2019), and renovations to the front common area with new carpet, drywall and insulation (2019). Bathrooms in Units 1 and 2 have also been tastefully renovated.Additional features include shared laundry, 4 rear parking spaces, and 4 private storage lockers, adding convenience and value for tenants.Whether you’re an experienced investor or looking to add a quality income property to your portfolio, 734 De L’Église Street offers reliable income, solid building systems, and future upside in a well-established Ottawa neighbourhood. (id:66888)

Ottawa, Ontario

WHY CHOOSE BETWEEN YOUR HOME AND AN INVESTMENT? The Duo Collection combines both. Enjoy your own beautifully designed living space while having the flexibility of a second independent space for family, guests or rental income. Modern kitchens, quartz countertops, quality appliances and premium finishes make this a home designed around how you actually live. (id:66888)

Ottawa, Ontario

THE PERFECT HOME FOR A GROWING FAMILY. The Duo Collection gives your family something traditional homes can’t: flexibility. Two living spaces provide room for parents, adult children, guests, a home office or future rental income. Beautifully designed with modern kitchens, quartz countertops, quality appliances and elevated finishes throughout. (id:66888)

Ottawa, Ontario

Fantastic opportunity to own a triplex in an exceptional Centretown location! This fully tenanted building offers a nice unit mix. The entire main level is a very large 3 bedroom unit with a sunroom on one end and a balcony on the other. Upstairs, you’ll find a bright and spacious 1 bedroom with balcony and a large studio with lots of character and its own sunroom. The basement has untapped potential and currently offers additional storage space. A long paved driveway and detached garage offer plenty of parking. Close to LRT, highway access, and near future development site of Lebreton Flats. Currently grossing $57,600 annually with room to grow! (id:66888)

Casselman, Ontario

Excellent investment opportunity in the heart of Casselman! This versatile triplex offers a great mix of residential and commercial income potential. The main house has been fully renovated inside and features a beautiful new kitchen, bright and spacious living and dining areas, a convenient main floor 2-piece bathroom with washer/dryer connection, plus two bedrooms and a 4-piece bathroom on the second level. This unit offers flexibility and could potentially be rented as residential or commercial space. The low unfinished basement provides additional storage. The property also includes a commercial office space already rented as a hair salon, plus a separate upper garage apartment featuring 2 bedrooms and an open-concept kitchen, dining, and living area, also already rented. Two large commercial garages offer even more rental potential. With multiple income streams, excellent visibility, and a central location, this property is ideal for investors or owner-occupiers looking to expand their portfolio.(House is currently vacant and can be rented for $2400 no heat or hydro, apt is rented for $1800 per month heat and hydro included, Salon is rented for $850 per month heat and hydro included, both garage doors are currently rented for $800 per month for both.) (id:66888)

Casselman, Ontario

Excellent investment opportunity in the heart of Casselman! This versatile triplex offers a great mix of residential and commercial income potential. The main house has been fully renovated inside and features a beautiful new kitchen, bright and spacious living and dining areas, a convenient main floor 2-piece bathroom with washer/dryer connection, plus two bedrooms and a 4-piece bathroom on the second level. This unit offers flexibility and could potentially be rented as residential or commercial space. The low unfinished basement provides additional storage. The property also includes a commercial office space already rented as a hair salon, plus a separate upper garage apartment featuring 2 bedrooms and an open-concept kitchen, dining, and living area, also already rented. Two large commercial garages offer even more rental potential. With multiple income streams, excellent visibility, and a central location, this property is ideal for investors or owner-occupiers looking to expand their portfolio. (House is currently vacant and can be rented for $2400 no heat or hydro, apt is rented for $1800 per month heat and hydro included, Salon is rented for $850 per month heat and hydro included, both garage doors are currently rented for $800 per month for both.) (id:66888)

Mississippi Mills, Ontario

What a great investment opportunity in the charming village of Pakenham. This historic building has seen many uses over it’s 126 years and now it’s a stunning duplex featuring 2, 2 bedroom apartments. Just recently and extensively renovated over the course of 2025 and 2026, each unit features open concept kitchen, dining and living rooms with electric fireplaces. The appliance package for each unit includes 4 stainless steel Frigidaire Gallery series kitchen appliances and an Electrolux laundry tower. Apt. 1 houses 2 bedrooms and 1 bath, with the primary bedroom having a large walk-in closet. Apt. 2 has 2 bedrooms and 2 bathrooms. Both units have lots of closet and storage space. Other updates include new gas furnace and a/c for Apt 1, new heat pump and mini splits for Apt 2 as well as high efficiency baseboard heaters in Apt 2 which are seldom if ever used. In addition, there is also a gas fired tankless hot water heater serving both apartments. Apt. 2 is currently leased for $2800.00/mo. + utilities and Apt 1 is vacant making it ideal for anyone wanting to live here themselves while letting Apt. 2 pay your mortgage. Also of note are 4 off street parking spaces. The listing agent is also the Seller of this property. (id:66888)