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

Cornwall, Ontario

EXCEPTIONAL INVESTMENT OPPORTUNITY – POTENTIAL FOURPLEX CONVERSION IN DOWNTOWN CORNWALL! Discover the outstanding investment potential of this beautifully renovated, character-filled property located at 117 First Street East, in the heart of downtown Cornwall. Featuring approximately 3,860 sq. ft. of above-grade space across three levels, this versatile building offers an excellent opportunity for investors seeking to establish a four-unit multifamily residential income property. Previously configured into four separate units, the building features multiple kitchens, bathrooms, spacious living areas, and flexible floor plans, offering significant potential for conversion into four self-contained residential apartments. The property’s Central Business District (CBD) zoning permits a wide range of residential and commercial uses, including quadruplex dwellings and apartment buildings, subject to applicable municipal requirements and approvals. Situated on a generous approximately 55 ft. 150 ft. lot with ample on-site parking, the property combines a timeless stone façade with attractive interior renovations and a highly desirable downtown location. Conveniently located near shopping, restaurants, schools, professional services, public transit, and Cornwall’s scenic waterfront. Whether you are an experienced investor looking to expand your rental portfolio or a buyer seeking a value-add redevelopment opportunity, this property offers exceptional flexibility and long-term income potential. A rare opportunity to transform a distinctive downtown property into a multifamily residential investment! (id:66888)

Ottawa, Ontario

Rare Centretown 50ft wide frontage duplex steps from Somerset offered by the Estate at $869,900 with vacant possession and flexible closing. Probate is complete. Zoned CM1, with 4 private drive parking spaces, a genuine rarity in the core. Two self-contained units: main floor unit features 2 bedrooms, eat-in kitchen, and full bath; upper unit mirrors the layout with 2 bedrooms, kitchen, living room and bath. Market rents in this area support $1,850-$2,100/unit, projected gross of $44,400-$50,400/yr plus parking at ($170+/space/month, 4 spaces, $8,160+/yr gross). Hot water tank (2019) on rental. Sold as-is, where-is – estate sale, no representations or warranties. 24-hr irrv on all offers. An excellent opportunity for professionals seeking a well-located, move-in-ready home with additional cash flow that offers both functionality and value. (id:66888)

Ottawa, Ontario

CASH FLOWING legal rooming house on two adjacent, south-fronting lots offered together in one of Ottawa’s fastest-growing urbancores. Providing significant holding income while you navigate the site plan process in the case of future development. 14 rooms eachrented for $520/month+. Zoning supports high-intensity residential (apartments, stacked towns, or low-rise). Unbeatable location.Maximize your footprint by combining these separate titles or keep them independent for future resale flexibility. (id:66888)

Ottawa, Ontario

Welcome to 31A Pritchard Drive, a beautifully updated 4 bedroom, 2 bathroom main level home in the heart of desirable Manordale. Offering over 1,800 square feet of finished living space, this bright and spacious residence features hardwood flooring, an open concept living and dining area, and a modern kitchen designed for everyday living and entertaining. The inviting living room is highlighted by a sleek built in electric fireplace, creating a warm and stylish focal point. The finished lower level provides a large family room plus a versatile bonus space that is ideal for a home office, gym, playroom, or guest area. Enjoy access to a generous shared backyard surrounded by mature trees, along with private in unit laundry and ample parking. Conveniently located near schools, parks, shopping, transit, and major routes, this move in ready home offers comfort, flexibility, and an excellent west Ottawa location. (id:66888)

Ottawa, Ontario

Here’s your chance to own a truly turnkey, fully renovated bungalow where nothing has been overlooked! Extensively updated from top to bottom, this property features a new roof, windows and doors, furnace, central A/C, ductwork, owned hot water tank, electrical, plumbing, spray foam insulation, soundproofing, fire-rated drywall, kitchens, bathrooms, finishes and more. Featuring a versatile in-law suite with private entrances to both levels and **two separate hydro meters**, the home offers bright, open-concept living spaces throughout. The main level features 2 bedrooms and 1 full bathroom, while the lower level offers 1 bedroom, 1 full bathroom and its own comfortable living space. An excellent opportunity for multigenerational living, extended family, or buyers looking to live in one unit while choosing their own tenant and setting their own rent for the other. The property also features a large detached garage and a generous backyard with plenty of room to enjoy. Ideally located almost directly across from Paróquia Senhor Santo Cristo Parish Church and within walking distance of public transit, St-Laurent Shopping Centre, shops, services and more. With virtually every major component updated, this fully renovated, flexible and move-in-ready property offers exceptional peace of mind. Simply move in and enjoy! (id:66888)

Ottawa, Ontario

Income-producing investment opportunity in a convenient central Ottawa location. This fully tenanted triplex features three spacious 2-bedroom units and generates approximately $69,300 in gross annual rental income, with an estimated NOI of approximately $54,711. Each unit offers in-suite laundry and dedicated parking, plus a fourth parking space with additional income potential. The property is efficiently configured with three separate hydro meters, with tenants in Units 2 and 3 paying their own hydro. Recent improvements include rear metal stairs completed in 2025, a new rented furnace installed in 2026, updated interior doors, refreshed bathroom finishes, and LED lighting upgrades. The units offer functional layouts, hardwood flooring, tiled kitchens and bathrooms, and abundant natural light from all four sides of the building. The desirable 3 x 2-bedroom configuration provides strong rental appeal for a wide range of tenants. Ideally located close to Montfort Hospital, downtown Ottawa, Highway 417, public transit, schools, shopping, restaurants, parks, and community amenities. A solid opportunity for investors looking for immediate rental income and long-term potential in a well-connected Ottawa location. Some interior photos were taken prior to the current tenancy. (id:66888)

Ottawa, Ontario

Two complete living spaces. One smart opportunity. Welcome to 1557 Belcourt Boulevard, a modern 2+2 bedroom, 3-full-bathroom bungalow offering exceptional flexibility for families, multigenerational living, or rental income. Built in 2016, this property features two legal, self-contained residential units, each with its own kitchen, living space, bedrooms, bathroom, laundry, and private entrance. The property also includes two utility meters and a shared owned hot water tank. The bright upper bungalow residence offers 2-bedrooms, 2-full bathrooms, direct garage access, and its own additional lower-level family room. The main level features hardwood and tile flooring, cathedral ceilings, and an open-concept living and dining area. The spacious kitchen includes quartz countertops, stainless steel appliances, rich cabinetry, a built-in wine rack, and access to the private backyard. The primary bedroom features dual closets and a 5-piece ensuite with double sinks. With its own separate entrance, the second residence offers approximately 1,234 sq. ft. of comfortable living space. It features 2-bedrooms, 1-full bathroom, a complete kitchen, a living area, private laundry, large windows, and radiant heated flooring. This setup is ideal for larger or multigenerational families who want to live close while still enjoying their own private spaces. It also provides the opportunity to live in one unit and rent the other to help offset the mortgage. Complete with four parking spaces, an attached garage, nearby transit, and convenient access to Place d’Orléans, shopping, schools, parks, and everyday amenities, this is a unique property with space, privacy, and flexibility for a variety of living arrangements. (id:66888)

Cornwall, Ontario

Excellent investment opportunity in the heart of Cornwall! This well-maintained six-unit residential building offers investors a stabilized, income-producing asset with strong existing rents, quality tenants, and additional upside potential. The current owners have done an excellent job stabilizing the property, providing a solid foundation for the next investor. Priced at approximately $120,000 per unit, this property presents an attractive opportunity for both seasoned investors and those looking to expand their multifamily portfolio. Conveniently located near local amenities, shopping, schools, and public transit. A great opportunity to acquire a solid multifamily investment in Cornwall’s rental market. Contact today for additional information and financials. (id:66888)

Laurentian Hills, Ontario

Featuring six self-contained residential units, this building has been carefully maintained both inside and out, offering peace of mind and long-term value. All units are currently fully tenanted, providing a consistent and reliable cash flow from day one. 6 Residential Units, 100% Occupancy, Strong Rental History, Low Maintenance, Excellent Income Generator. Located in a quiet, residential area with convenient access to local amenities, this property is a rare find in a growing rental market. Whether you’re a seasoned investor or just starting to build your portfolio, this is an asset worth serious consideration. Financials available upon request. Listing agent is a part owner. 48 hrs notice for showings. (id:66888)

North Grenville, Ontario

Don’t miss this exceptional opportunity to own a triplex set along the tranquil banks of Kemptville Creek, providing direct access to the historic Rideau River, a UNESCO World Heritage waterway! All three units are 2 bedrooms, each with a 4pc. bath and include laundry! The vacant unit is a 2 storey with large living room, separate laundry room and an eat in kitchen overlooking the backyard/water. This unit has access to a back deck from the kitchen, has 2 bedrooms on the 2nd level – one with a patio door to a 2nd level deck! An updated 4p. bath also in the 2 storey unit, currently vacant! Unit 112 is a main level unit with 2 bedrooms, large kitchen & charming living room. This unit also has a new back deck to enjoy the water & outdoor space. Both 112 & 114 have access to their separated basements, and are heated with F/A gas furnaces (2015). Unit 110 is an upper 2 bedroom unit, with 4pc. bath, great sized living room, and kitchen. This unit also has a new back deck with access to the backyard. This unit has baseboard heat. The windows & doors were replaced in (2017) in both unit #110 & #112. Utilities for each unit are separate, with 3 separate hydro meters. Each unit has an entrance from the main street as well as rear entrances. Unlike most income properties, this doesn’t only have water access & view, but a large yard and minimum 2 parking spots per unit + visitors! Not often you get a building this well maintained, a true triplex on .52 acres on the Kemptville Creek with great updates and access to all amenties without getting in a vehicle! But if you have a car…there is plenty of outdoor parking for it! This building is across the street from the Heritage Grahams Bakery & amazing baked goods – does it get any better than that! Book your private viewing today. 24 Hour notice for all showings to accommodate tenants. (id:66888)

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. RENTS; (1) $1,550 (2) $1,695 (3) $1,625 (4) $2,050 (id:66888)

Ottawa, Ontario

SMART BUYING STARTS HERE! The Duo Collection offers two dwellings at one address: a spacious principal residence and a fully finished lower-level apartment with a private entrance, separate utility metering, dedicated HVAC and in-suite laundry. Potential apartment rental income of approx. $1,800/month offers an opportunity to help offset ownership costs. Up to 2,610 sq. ft., 2 kitchens, 3.5 bathrooms, 12 LG appliances and quartz counters. An innovative option for buyers seeking flexibility and income potential. Just 16 homes available! (id:66888)