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

Ottawa, Ontario

1400 Mayview Avenue offers a rare opportunity to acquire a newer-built income property in the heart of Carlington – a neighbourhood where most competing duplexes and investment properties are significantly older and often require major updates and ongoing capital improvements. Built approximately 5 years ago, this modern property stands out for its combination of strong rental income, lower maintenance ownership, and exceptional central location. Currently generating approximately $5,000/month + hydro ($3,000 upper unit / $2,000 lower unit), it presents an outstanding opportunity for investors and owner-occupiers alike. The upper unit features a spacious and bright 3-bedroom, 3-bathroom layout with contemporary finishes, open-concept living space, large windows, and modern design throughout. The lower unit offers a highly desirable 2-bedroom, 1-bathroom layout with excellent rental appeal and strong income potential. Unlike many older income properties in the area, 1400 Mayview offers the advantages of newer construction, modern systems, improved efficiency, and reduced maintenance concerns – making it an ideal option for investors seeking a more turnkey asset with strong cash flow. For owner-occupiers, this property creates a unique opportunity to live in one of Ottawa’s most central and rapidly evolving neighbourhoods while significantly offsetting mortgage costs with rental income from the secondary suite. Located minutes from the Civic Hospital, Experimental Farm, parks, transit, shopping, downtown Ottawa, and major amenities, this is a rare blend of location, modern construction, and income performance in a highly sought-after urban setting. (id:50982)

Ottawa, Ontario

Attention Developers/Builders opportunity knocks just a short block to the Canal and Echo Drive. Lot available to develop with approximately 3100 sqft, 46 ft frontage and 66 ft depth. Prime location with many newly developed luxury townhouses, condo projects & new single homes. Zoning R4UD allows for multiple uses. On file, a property report completed by Fotenn Planning and Design with proposals to develop the property into a low-rise 3 story+ basement apartment building with 8+ units or build 2 luxury semi-detached properties with permitted Secondary dwelling Units for each. Unbeatable location and area the city has designated for intensification. Minutes to Ottawa University, LRT stations, highway, downtown, Rideau Centre and Main Street to name a few. No access to the building and sold in As-Is condition. This lot awaits the right developer/builder to bring its full potential to reality! (id:50982)

Ottawa, Ontario

Fabulous opportunity for the right buyer. Ideally located at the corner of Percy Street and Somerset Street West, this fourplex double offers excellent potential for investors, developers, or owner-occupiers seeking a prime central Ottawa location. Flexible CM1 ZONING offers a wide range of Residential and COMMERCIAL uses, creating an outstanding long-term investment. This property features four residential units, including two 2-bedroom units and two 1-bedroom units. Units in 606 are currently vacant, offering immediate occupancy or rental potential, while Units in 604 are tenanted. Tenants have indicated they are willing to vacate with 90 days notice if required. Important updates include a new furnace in Unit 604 (2025) and a new furnace in Unit 606 (2024). Two hot water tanks are rented, while one hot water tank is owned. Tenants pay for hydro. Excellent location close to downtown Ottawa, public transit, restaurants, shops, and major amenities. Income and Expenses for 2025: Gross Income: $27,220.00; Expenses: Insurance: $1,090.80; Property Taxes: $7,167.20; Utilities: $6,661.12 (id:50982)

Ottawa, Ontario

Prime opportunity in the heart of Hintonburg. *VACANT POSSESSION AVAILABLE FOR JULY 1* This duplex at 51 Smirle Ave offers exceptional flexibility for investors, developers, or buyers seeking to convert the property back into a full 3-storey single-family home. Located steps from Wellington West and minutes to downtown, the home sits in one of Ottawa’s most walkable and transit-friendly neighbourhoods.The property features two self-contained units with a shared front entrance. The main unit spans two floors, offering generous living space and layout options. The upper unit occupies the third floor, ideal for rental income or future integration into a single-family design. A side driveway provides easy access to the deep backyard-excellent for additions, expansions, or redevelopment.New N4B zoning under Ottawa’s new zoning by-laws opens the door to multi-unit builds, low-rise apartments, or mixed-use possibilities. Buyers must complete their own due diligence. Hintonburg and nearby Westboro offer top schools, parks, bike paths, and a strong mix of local shops, cafés, and restaurants. This property combines location, versatility, and long-term potential in one of Ottawa’s most dynamic west-end communities. Some photos digitally enhanced. 24 hrs irrev. 24 hrs notice. (id:50982)

Carleton Place, Ontario

FOURPLEX! Welcome to 275 Bridge Street! Experience an exceptional investment opportunity in the thriving, family-friendly community of Carleton Place. This fourplex offers four spacious, well-designed 3-bedroom units, each featuring in-suite laundry for ultimate convenience. The current rental details: Unit 1: $1,800/month; Unit 2: $883/month; Unit 3: $1,185/month; Unit 4: $1,185/month with a lot of room for future growth. Tenants are responsible for their own utilities, contributing to an impressive annual cash flow of $44,378. Property Features for each unit: Furnace, Hot Water Tank, Separate Hydro Meter, 1 car garage and 1 exterior parking space. 100-amp electrical service for each unit. Ideally situated in a prime area with easy access to Highway 417, this fourplex is also conveniently close to schools, parks, trails, the river, and all the amenities that make Carleton Place so desirable. Don’t miss the opportunity to invest in a property with such strong potential in one of the region’s most sought-after neighborhoods! (id:50982)

Ottawa, Ontario

Discover the perfect opportunity to own a solid, income-generating duplex in the heart of Hintonburg and Tunney’s Pasture at an accessible entry point into one of Ottawa’s most vibrant and high-demand communities. This charming 1922-built duplex at 56 Smirle Ave offers immediate cash flow potential while allowing you to live in or easily show the bright, vacant main-level unit, while the second-floor unit is currently tenanted to help offset your carrying costs right from day one. Recent major upgrades include a complete rewiring of the entire electrical system in 2026 with a brand-new panel and two separate electrical meters, ensuring modern safety and easy separation of utilities, alongside a roof replaced in 2014 and maintained in 2020, a yearly serviced furnace, and shared laundry facilities in the basement. Complemented by a detached garage and private driveway, the property is nestled in a sought-after area known for its trendy shops, artisanal cafés, beautiful parks, and proximity to Tunney’s Pasture station. With reasonable property taxes, this duplex represents excellent value for investors or first-time homeowners looking for long-term appreciation in a location where demand consistently outpaces supply, making it a rare chance to secure a piece of this dynamic community. Some photos are digitally enhanced. 24 hours irrevocable on all offers. (id:50982)

Ottawa, Ontario

Welcome to 1311 S Avenue, a spacious and versatile duplex in the heart of Alta Vista! Ideally suited for multi-generational living or investment potential and set on a 50′ x 90′ lot, this well-built home offers a thoughtfully designed layout across three levels, providing a wonderful blend of comfort, privacy, and flexibility. The main level features bright and inviting living and dining areas, with the kitchen offering a walkout to a rear deck and backyard, along with two bedrooms including a primary, a full bathroom, kitchen, and laundry. The second level offers a similarly well-appointed layout with bright interiors and is complemented by access to a private balcony deck, creating an ideal outdoor retreat. This upper unit has been freshly painted and features a new oven with air fryer capability and a new wall-mounted microwave. The finished basement level adds to the home’s versatility, offering a bedroom, kitchenette, recreation room, and full bathroom. It also includes laundry and dedicated utility and storage rooms, creating a complete and flexible living space. Each level features its own separate entrance, enhancing independence across all units. Outside, the property offers a low-maintenance lawn and fully fenced backyard. Parking is a highlight, with a carport and driveway accommodating up to four additional vehicles. Featuring multiple bedrooms, three kitchens, and a highly adaptable layout, this property is well-suited for extended families or those seeking income potential. With a strong rental history and consistent demand, it is easy to lease, offering the option to live in the vacant upper unit while generating income from the others, or fully rent as an investment. Ideally located within walking distance to the O-Train and St. Laurent Shopping Centre, close to Hwy 417, and just minutes to Trainyards and the VIA Rail station, 1311 S Avenue presents a rare opportunity for space, flexibility, and lifestyle in a well-established neighbourhood! (id:50982)

Smiths Falls, Ontario

Welcome to this beautiful Victorian brick 4-plex, ideally situated in one of Smiths Falls’ most prestigious and historically rich neighborhoods where the upper management of the railroad formerly lived. This quiet, residential area offers charm and tranquility, while being just two blocks from the main business district and all amenities in the revitalized downtown core. The property is also conveniently located near the UNESCO World Heritage Site Rideau Canal, offering access to scenic walking trails and outdoor recreation. It features: Fully tenanted building with strong rental demand, Four separate hydro meters, New forced-air gas furnace. Located in an area benefiting from major community upgrades, including: New water treatment plant, New community center, New high school, Expansion of the existing hospital. This is an excellent rental market, with the majority of Canopy Tweed employees wanting to live in Smiths Falls close to their workplace, in an area of beautiful homes which will attract good tenants because of the upscale atmosphere. Three 3-bed units & one 2 bed unit, cash cow. This property’s upscale surroundings and historic charm make it especially attractive to reliable tenants. Contact Brad Closs for more information or to arrange a viewing. RENTS; (1) $1,550 (2) $1,695 (3) $1,625 (4) $2,050 (id:50982)

Clarence-Rockland, Ontario

Thoughtfully designed, to be built home on a corner lot! This ‘The Azur’ model is a purpose-built 2-story home featuring a LEGAL SECONDARY DWELLING UNIT! The main unit boasts 1744 sq/ft of living space, 3 bedrooms, 1.5 baths, a 2-car garage, open concept living & fantastic finishes throughout. The basementt unit features 1 bedroom, 1 bath, a separate entrance & is fully legal/separate from the main unit. 1367 Diamond sits on a premium corner lot, offering an oversized backyard. Welcome to Morris Village, where you’ll discover this newly developed community strategically located to offer a harmonious blend of tranquility, access to amenities & a convenient 25-minute drive to Ottawa. Crafted by Landric Homes (aka the multi-award-winning Construction LaVerendrye in QC), this purpose-built 2-story home will leave you in awe. Construction LaVerendrye, renowned for their expertise, reliability, dedication to excellence & timely project delivery, consistently upholds these standards in every community they develop. Home is under construction, closing date: set for Summer/Fall 2026. Model home tours now available, in Limoges ON. Price, specs & details may be subject to change without notice. *Price shown is net of New Rebates, such New Rebates are subject to the enactment of federal and provincial legislation and the purchase price is at all times subject to the terms of any APS between the builder and the buyer.* (id:50982)

Ottawa, Ontario

251 Arlington is a centrally located, fully functional duplex in the heart of Centretown, offering two well-designed 2-bedroom apartments. Each unit features its own private entrance for added convenience. The upper unit includes a bright, open-concept living, dining, and kitchen area, along with a dedicated office space with a balcony that is overlooking the neighbourhood. Both bedrooms are generously sized, making it ideal for comfortable living or working from home. The main floor unit offers excellent additional space, including 2 spacious bedrooms, exclusive basement access and direct access to the spacious backyard. The property has seen several thoughtful upgrades, including a upgraded 2019 front porch, updated landscaping with a paved driveway, and a two-storey rear addition that enhances overall living space. The duplex is fully legalized with separately metered hydro, and plumbing has been upgraded to ensure long-term reliability. The perfect opportunity for anyone looking for an investment property! 2025 expenses: Heat $1,885.84, Water $932.82 (id:50982)

Ottawa, Ontario

Welcome to 230 Percy Street, an exceptional investment opportunity in the heart of downtown Ottawa. Originally a semi-detached home, this property has been thoughtfully converted into a legal duplex, making it an ideal option for both new and experienced investors. Extensively renovated and carefully maintained, this property offers peace of mind with numerous major upgrades already completed. Improvements include a high-efficiency furnace (2018), central air conditioning (2019), multiple premium Verdun windows (2020), updated plumbing (2021), a new washer and dryer (2023), and a new roof (2023), along with other enhancements throughout. Perfectly situated, 230 Percy Street provides convenient access to highways, public transit, and is just a short walk to the vibrant Glebe neighbourhood. With its prime location and strong income potential, this property is a standout opportunity for any discerning buyer. (id:50982)

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, with one unit 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. 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. Minimum 24-48 hrs. notice, upper unit vacant (id:50982)