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

Cornwall, Ontario

Well maintained 4-Plex in great condition, centrally located in the the heart of Cornwall close to many amenities including churches, schools, parks, shopping + restaurants. Fully rented, this property has a large lot with plenty of parking including a double car garage. The building features 4 individual units, each with their own unique style. The building has been updated over the years and shows extremely well. Net Operating Income of $50,693- rent roll on file. This property is a solid investment and offers exceptional value! (id:50982)

Ottawa, Ontario

Turn-key triplex investment opportunity located in Ottawa’s central east end in the established community of Castle Heights! This well-maintained property has been owned by the same owner since 1989 & offers stable long-term tenants, reliable income, 4 parking spaces & separate hydro meters for each apartment + common areas. All tenancies are month-to-month, providing excellent flexibility for investors looking to expand their portfolio or potentially owner/family occupy. Add’l income is generated through the coined washer & dryer located in the shared laundry room. Apt. 1 is a LL 1 bed, 1 bath unit feat. laminate flooring, an updated kitchen w/ eating area, renovated full bath & large windows for natural light. Apt 2 offers a spacious 2 bed, 1 bath layout w/ hardwood flooring in the living rm & primary bed, laminate flooring in the secondary bed & a bright eat-in kitchen. Apt 3 feat. 2 beds, 1 bath, hardwood flooring t/o the principal rooms & 2 dedicated parking spaces. Shared common areas incl. front & rear staircases, laundry rm, utility rm & under stair storage . Extensive updates completed t/o ownership incl. roof replacement in 2015, boiler installed in 2010, painted front & rear staircases in 2025, + significant basement improvements in 2009 incl. new drain lines, backup valve installation, insulation, concrete flooring, updated flooring t/o, renovated basement kitchen & bathroom & windows replaced over the years as well. The exterior offers a stucco finish, interlocked side & rear walkway/patio, shared backyard space, storage shed & garbage area. NOI of $26,372.11 w/ loads of upswing in quiet residential Castle Heights community! Conveniently Walk to transit on McArthur Ave/Donald. Mins to St. Laurent Blvd., Montréal Rd. & downtown. Nearby amenities incl. St. Laurent Shopping Centre, Trainyards, Costco, parks, rec centres & many restaurants. A great opportunity to own a centrally located income property with long-term upside in a growing area of Ottawa! (id:50982)

Mississippi Mills, Ontario

Well-maintained 4-unit multiplex offering strong, stable income with a 6.3% cap rate. Each unit features a functional one-bedroom layout, appealing to reliable long-term tenants, and the property is fully leased, providing immediate cash flow. Ample parking includes five spaces-one dedicated per unit plus a convenient guest spot.Ideally positioned, the property boasts scenic views of the Almonte Fairgrounds and the nearby river, adding to its tenant appeal and long-term desirability. The setting combines small-town charm with walkable access to local amenities, making it an attractive rental location.This is a turnkey investment opportunity with consistent performance, low vacancy risk, and future upside potential. Perfect for investors seeking a manageable multi-unit property in a desirable and growing community. (id:50982)

Ottawa, Ontario

Well-maintained triplex offering strong rental income in a convenient location just minutes to downtown. Excellent access to transit, shopping, parks, and everyday amenities make it an appealing location for tenants. This property features three spacious units, each offering 2 bedrooms and 1 bathroom. Unit 1 (main floor) currently pays $2200/month. Unit 2 (upper level) is vacant – set your rent! Unit 3 (lower level) is currently paying $1900/month. Many improvements have been made to the property: basement fully renovated (2025); roof (2023); windows (2015); furnace (2023); exterior paint (2023) and driveway asphalt redone (2023). Information Sheet attached with additional details. Favourable zoning allows for the potential construction of a coach house in the rear yard, providing an opportunity for additional living space, a guest suite, or an income-generating unit (buyer to perform their own due diligence). (id:50982)

Ottawa, Ontario

In the heart of the ByWard Market, steps to Lowertown, this thoughtfully renovated, detached zoned triplex offers a unique balance of city living on a quiet tree-lined street. Steps from the vibrant ByWard Market, this property delivers unmatched location, character & strong income potential. Approximately 2,200 sq ft of well-designed living space, the property is currently configured as two spacious primary units w/ separate hydro meters, plus 2 additional self-contained studio suites-offering exceptional flexibility for investors, multi-generational living, or lifestyle buyers. Three units are currently vacant, w/ one on month-to-month tenancy (tenant willing to stay or vacate), providing immediate opportunity to set market rents, select tenants, or reposition for maximum yield. Bonus studio spaces offer strong potential for rental income, guest suites, home office use, or Airbnb. The main floor retains much of its original warmth & character, featuring original refinished hardwood flooring, cozy gas fireplace, classic clawfoot tub & large kitchen.The upper two-level 3+ den b/r unit features a spacious kitchen w/exposed beams, renovated bathrooms & strong architectural appeal. The upper studio offers a wood-burning fireplace, exposed beams, loft space, two Juliet balconies, vaulted ceilings & skylight creating a bright, open & creative environment. Extensive updates include electrical (ESA certified), plumbing (2016), roof (2017), siding w/ added insulation, furnace/water heater (2019), renovated baths & other interior improvements.Outdoor living enhanced by a private rear flagstone patio ideal for BBQs & entertaining. Rare 2 or 3 parking spaces & storage. Ideally located w/i walking distance to a park w/wading pool & tennis courts, green space, Ottawa River, Ottawa Art Gallery, embassies, DFAIT, Parliament Hill, University of Ottawa & Rideau Centre.A rare opportunity in one of Ottawa’s most desirable & consistently performing rental markets. 24 hrs irrevocable (id:50982)

Ottawa, Ontario

Opportunity awaits at 204/206 Jeanne Mance. A rarely offered side-by-side double that offers several options to become a home owner and/or landlord! This well-maintained property reflects true pride of ownership and is ideally situated on a quiet street in the heart of Vanier. Set on a generous 49′ x 95′ lot, each side offers a functional main floor layout, 2 bathrooms each, an upper level with 2 good sized bedroom plus an office/den. Both basements have high ceilings allowing for future finishing to provide additional square footage. Updated roof, windows, and separate 200 amp electrical service. The property also features a detached shed/workshop on slab with electrical, ideal for hobbyists, storage, or additional workspace. Market rents suggest a cash flow positive rental property with both sides rented or more than half of your mortgage covered to live in one side and rent the other. Buyer to verify individual mortgage options. Unbeatable central location, close to several amenities, shopping and transit. R4E zoning! (id:50982)

Ottawa, Ontario

An amazing opportunity for owner occupied multi generational living or an investment property, 523 McLeod Street is a fully functional duplex offering flexibility, space, and extensive recent upgrades. The property features a two bedroom Unit 1 and a three bedroom Unit 2, each with spacious layouts and abundant natural light. Unit 1 occupies the main floor and offers an extremely practical floor plan with a bright front living room, large dining area, functional kitchen, two bedrooms with large closets, and a full 4-piece bathroom. Unit 2 spans the upper two levels of the home and features an expansive living space, a front sunroom overlooking the neighbourhood, dining room, kitchen, full 4-piece bathroom, rear sunroom with access to a spacious deck, and three bedrooms on the upper floor, including a primary suite with ensuite powder room and convenient laundry. The property has undergone significant improvements between 2023 and 2024, including a brand new roof with asphalt shingles, wall flashing, fascia, soffit, and eavestroughs, fresh paint throughout (2023), 18 new Energy Star windows, a new Energy Star rear door, engineered hardwood flooring in the upstairs sunroom, and new vinyl flooring in the upstairs kitchen. Additional highlights include a private driveway with parking for two vehicles, a detached garage, and a mix of hardwood, tile, and vinyl flooring throughout. Each unit also includes a decorative fireplace. The community is a real standout, offering a kid friendly and family focused atmosphere with friendly neighbours and easy access to the shops, restaurants, and everyday amenities along Bank Street. A great opportunity to own a versatile property in one of Ottawa’s most vibrant and connected neighbourhoods! (id:50982)

Ottawa, Ontario

Exceptional opportunity to own a well-maintained income-producing triplex in one of Ottawa’s most strategic central locations. Currently generating approximately $68,772 in gross annual rental income with an estimated net operating income of approximately $54,183. A strong option for investors seeking immediate cash flow with future upside potential. This solid multi-family property features three spacious 2-bedroom units, each offering the convenience of in-suite laundry (washer & dryer) and a dedicated parking space for each unit, a premium feature highly valued by today’s tenants. An additional spare fourth parking space offers potential for increased profitability and is not currently included in the rental income. The property includes three separate hydro meters, with Units 2 and 3 paying their own hydro, helping reduce owner operating expenses and improving overall investment efficiency. The building has been carefully maintained and enhanced with recent updates including new rear metal stairs (2025), new rented furnace (2026), updated interior doors, modernized bathroom finishes, and LED lighting upgrades. All units offer bright and functional layouts with 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, schools, shopping, restaurants, community centres, public transit, parks and Highway 417, this property combines stable income, convenience, and long-term appreciation potential. A turnkey triplex opportunity in a high-demand, growing rental area of the city. Documentation available upon accepted offer: current leases, tax bill, insurance details, available utility bills, and available renovation invoices. Photos taken before tenancy. (id:50982)

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:50982)

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:50982)

Ottawa, Ontario

78 Ritchie Street!!! A unique opportunity to own a custom built non-conforming duplex with potential to convert back into a spacious multi-generational high ranch bungalow in a desirable central west location close to public transit, shopping, restaurants, movie theatres, schools and everyday amenities. This versatile property offers excellent potential for investors, owner occupants or buyers seeking additional income opportunities. Both the upper and lower units feature 2 bedrooms and 1 full bathroom with functional layouts, laminate flooring throughout and large windows that fill the spaces with natural light. The property offers comfortable living arrangements with flexibility for extended family or tenants.A standout feature is the impressive commercial grade double garage designed for hobbyists, contractors, mechanics or small business use. The garage includes its own wood furnace heating system, hydraulic car hoist, commercial grade door openers and a convenient 2 piece bathroom. Three 50 amp outlets are already installed making the space ideal for EV charging, workshop equipment or heavy duty tools. The garage also offers approximately 12 foot high storage capacity providing excellent room for vehicles, equipment or recreational storage. A wood electric combination furnace services the main house along with separate baseboard heating in the basement. Extensive fireproofing has been completed with 5/8 fire rated drywall throughout the basement ceiling for added peace of mind. A shared 60 gallon hot water tank services both units while the garage benefits from its own 100 amp electrical service. Central air conditioning services the upper unit and the alarm system currently operates within the garage area. A rare property combining residential flexibility, income potential and exceptional commercial style garage space in a convenient and accessible location with endless possibilities for families, entrepreneurs or savvy investors alike. (id:50982)

Ottawa, Ontario

Don’t miss this exceptional investment opportunity with a fully furnished, legal duplex on a prime corner lot, offering 8 bedrooms, 4 full bathrooms, and parking for up to 10 vehicles. This turn-key property delivers strong cash flow, ideal for both investors and owner-occupants seeking income support. The upper unit features 4 spacious bedrooms, 2 full bathrooms, an updated kitchen, and a bright, open-concept living and dining area, with a recently replaced A/C unit. The lower unit, fully renovated in 2017, mirrors the same layout with modern finishes, large windows, and a sleek kitchen with a breakfast bar. Each self-contained unit includes in-suite laundry and separate hydro meters (200 amps total), ensuring privacy and easy management. Extensive upgrades include a new roof and windows (2017), A/C units and attic insulation (2018), fencing (2020), high efficient hot water system (2021), full driveway paving (2024), and fresh paint throughout (2025). Located just minutes from downtown, La Cite Collegiale, Montfort Hospital, NRC, DND, LRT, transit, and shopping, this high-demand rental is a rare, low-maintenance income property in one of Ottawa’s most accessible neighborhoods. Full rent roll is attached to this listing for your review. Book your private showing today! (id:50982)