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

Ottawa, Ontario

Excellent investment opportunity in a prime location! This well-maintained duplex features three self-contained living spaces, offering strong rental income, great tenants, and excellent potential for future growth with many updates and upgrades done over the years.The spacious main-floor 3-bedroom unit rents for $2,467.18/month all inclusive, while the upper-level 1-bedroom unit rents for $1,750/month plus hydro. The lower-level 2-bedroom accessory apartment, complete with its own private entrance, rents for $1,900/month all inclusive. All three units have their own laundry facilities.The property benefits from excellent tenant stability. The flat roof was redone in 2020. Ideally located close to transit, shopping, amenities, and just minutes from downtown. With $6,117.18/month in current rental income, or $73,406.16 annually, this property offers an attractive investment opportunity with further potential to increase revenue over time, never a vacancy. An excellent opportunity for both new and seasoned investors. (id:66888)

Ottawa, Ontario

Welcome to this absolutely stunning duplex in the heart of downtown. 314 O’Connor St offers two tastefully updated 1-bedroom units in an unbeatable location. Newly updated open-concept kitchens with quartz countertops. Spacious & bright living spaces. Hardwood floors, new windows, new paint. Cost-efficient radiant heating, new heat pump/AC units, new in-suite laundry machines. Rebuilt back patio/balcony, perfect for relaxing. 3 open parking spaces. 2 storage units. This is downtown living at it’s best; walk to Elgin St, Sparks, Bank, Ottawa University, Parliament Hill, Rideau Centre. The perfect investment property or owner-occupied home! (id:66888)

Ottawa, Ontario

Located in the heart of Ottawa’s vibrant West Centretown/Hintonburg area, 57 Spadina Avenue offers an incredible investment opportunity in one of the city’s most sought-after rental pockets. This duplex features two 1-bedroom apartments, currently vacant – ideal for owner occupancy, setting your own rent, or completing updates before leasing. This property offers strong income potential and plenty of upside for investors, or handy buyers looking to add value. R4H Zoning, with parking in the 2 car detached garage in the rear of the property. While the building could benefit from some updating and TLC, the unbeatable location makes this an opportunity you won’t want to miss. You will love being steps to Wellington Street West, trendy cafés, restaurants, local shops, grocery stores, parks, and everyday amenities. Walking distance to Tunney’s Pasture, the LRT, major transit routes, bike paths, and just minutes to downtown, Little Italy, and Civic Hospital. A fantastic chance to invest in a thriving urban neighbourhood with continued growth and demand. Great potential, exceptional location, and endless possibilities at 57 Spadina Avenue. (id:66888)

Ottawa, Ontario

Exceptional investment opportunity in the heart of Beechwood Village. This well-maintained triplex offers the rare combination of strong rental income, an enviable location, and exceptional flexibility for both investors and owner-occupiers.The property features three thoughtfully laid-out two-bedroom, one-bathroom residential units, currently generating $5,363 per month in rental income, or approximately $64,356 annually. The upper unit rents for $1,580/month, the main-level unit for $1,925/month, and the lower unit for $1,858/month. The main-level residence has been beautifully updated with new flooring, stainless steel appliances, and a renovated bathroom, adding to its appeal and rental potential.Three outdoor parking spaces are included, and the property generates an additional approximately $1,200 annually through pay-per-use laundry. Tenants are responsible for their own hydro.An exceptional opportunity to add a quality multi-residential property to your portfolio, or live comfortably in one unit while generating rental income from the other two. With three separate units and multiple income streams, this property offers both immediate revenue and long-term potential.Located in the sought-after Beechwood Village community, residents enjoy convenient access to downtown Ottawa, public transit, shops, restaurants, schools, parks, and hospitals. A compelling opportunity to acquire a versatile income-producing property in one of Ottawa’s established and highly desirable neighbourhoods. Some photos are virtually staged. (id:66888)

Hawkesbury, Ontario

Here’s an opportunity that makes home ownership-and real estate investing-much easier to step into. This immaculate 4-plex offers three 2-bedroom apartments and one 1-bedroom apartment, with an unusually attractive advantage: at closing, two of the 2-bedroom units and the 1-bedroom unit will be vacant. Choose the apartment that works best for you, then select your own tenants for the remaining vacant units-or lease all three and build your investment from day one. The fourth apartment is occupied by a wonderful long-term tenant, providing established rental income from the start. The property has been exceptionally well maintained and offers bright, comfortable living spaces with practical layouts. Outside, you’ll find ample parking, a detached single-car garage, additional storage space behind the garage, and useful outdoor areas for tenants. For an owner-occupant, this is a compelling way to get into home ownership while having rental income help carry the property. For an investor, the combination of existing cash flow and three vacant units provides valuable flexibility and control over future tenancy. Even the street has had a refresh, with updated municipal infrastructure and newly paved roadway.Clean, flexible, income-producing and ready for its next owner-332 Catherine St. is the kind of multi-unit opportunity that’s increasingly difficult to find. (id:66888)

Ottawa, Ontario

**Because it takes two to make a thing go right…** 257 Lavergne Street offers the kind of flexibility that can make a home work harder for you, with two self-contained two-bedroom units, separate laundry and separate metering under one roof. Better still, the property is being sold vacant, giving the next owner the freedom to decide exactly how they want to use it from day one. For a multi-generational family, it creates the opportunity to live close while maintaining independence. For a first-time or younger buyer, the second unit can help offset the mortgage while you build equity. And for the creative investor, the property offers even more to think about, including an approximately 550 sq. ft. heated attached garage with electrical and architectural plans already prepared for a potential conversion, plus a lot that could hold longer-term redevelopment potential. The raised-bungalow design is a big part of what makes the setup work so well. Large windows bring natural light into the lower level, helping it feel like a genuine second home rather than a traditional basement apartment. Each unit offers two bedrooms, a full bathroom, comfortable living space and a generous eat-in kitchen, while the upper level adds hardwood floors, a custom fireplace wall and direct access to the backyard. Outside, established gardens, a two-tiered deck and gazebo create a private place to unwind, but one of the biggest draws is what sits just beyond the property. Beechwood Avenue is close by, putting some of Ottawa’s best local cafés, restaurants, specialty shops and everyday conveniences within easy reach. Live in one and rent the other. Bring family together without giving up independence. Explore a third unit or think bigger about what the property could become over time, subject to applicable approvals.257 Lavergne isn’t just a bungalow with two units. It’s a property with options, and the freedom to choose what comes next. (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)

Ottawa, Ontario

253 Frechette Street presents a rare opportunity in one of Vanier’s most vibrant and fast-evolving neighbourhoods. This three-unit building offers three separate, self-contained units along with an oversized garage, approx. 1300 square feet, that opens the door to possible commercial use – a flexible feature that’s hard to come by. Whether you’re an investor after immediate rental income, an owner-occupier looking to offset your mortgage, or a builder eyeing the development potential this property delivers options. You’re within easy reach of shops, restaurants, transit, and everyday amenities on Beechwood Ave 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 a property with room to grow. (id:66888)

Ottawa, Ontario

PRIME INVESTMENT OPPORTUNITY! Fully tenanted, income-producing triplex generating approximately $69,300 in gross annual rental income, with an estimated NOI of approximately $54,711, in a highly desirable central Ottawa location. This well-maintained property features three spacious 2-bedroom units, each offering the convenience of in-suite laundry and dedicated parking. A fourth parking space provides additional income potential. Designed for efficient ownership, the property includes three separate hydro meters, with Units 2 and 3 paying their own hydro costs. Recent improvements include new rear metal stairs (2025), a new rented furnace (2026), updated interior doors, modernized bathroom finishes, and LED lighting upgrades. The bright and functional units feature hardwood flooring, tiled kitchens and bathrooms, and abundant natural light from all four sides of the building. The desirable 3 x 2-bedroom configuration supports strong rental demand and broad tenant appeal. Ideally located just minutes from Montfort Hospital, downtown Ottawa, Highway 417, public transit, schools, shopping, restaurants, parks, and community amenities. Whether you are looking to expand your investment portfolio or acquire your first multi-unit property, this triplex offers immediate income and long-term growth potential in one of Ottawa’s most convenient rental locations. Some interior photos were taken prior to current tenancy. (id:66888)

Ottawa, Ontario

Exceptional Triplex Opportunity – Steps from the Rideau Canal in Old Ottawa East. A rare chance to own a triplex steps from the Rideau Canal in one of Ottawa’s most desirable urban neighbourhoods. This versatile property features three distinct units: 136 Glenora, a 3-bed, 1.5 bath apartment; 36 Hazel, 2-bed, 1 bath suite; and 34 Hazel, 2-bed, 2 bath unit. Each residence offers its own private entrance, providing flexibility for multi-generational living, investment, or future redevelopment. With new zoning policies in Old Ottawa East, the property presents meaningful potential to add on, expand, or reimagine the existing structure, maximizing long-term value in a rapidly evolving area. Just steps from the Flora Footbridge, enjoy direct pedestrian access to the Glebe, Lansdowne, Whole Foods, TD Place, and year-round festivals. Walk to Main Street cafés, restaurants, shops, and community amenities, or cycle the scenic canal and river pathways that define this walkable, bike-friendly community. Ottawa University is approximately five minutes away, Parliament Hill is about ten, with transit, parks, and schools all close by. A centrally located property where lifestyle, connectivity, and redevelopment potential converge. Some photos are digitally enhanced. 24 hours irrevocable on all offers. 24 hours notice required for all showings. (id:66888)