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

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

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)

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

Welcome to 74 Genest Street, a truly special purpose-built duplex in the heart of Beechwood Village. Built by the sellers’ grandparents and lovingly maintained by the same family over generations, this is a rare property that reflects genuine pride of ownership. Unlike many duplexes that can feel worn after years of continuous tenant occupancy, this property has benefited from long-term family ownership and periods of owner occupancy, which is clearly reflected in the care, condition, and thoughtful updates throughout while still maintaining its warmth and character. The lower level features a bright 2-bedroom unit, while the upper level offers a spacious 2-bedroom plus den layout, with separate laundry for each unit. The flexibility here is exceptional – ideal for extended family living, owner-occupants looking to offset expenses with rental income, or investors seeking a truly turnkey opportunity. Located in one of Ottawa’s most desirable urban neighbourhoods, you are just steps to the cafés, restaurants, shops, and amenities of Beechwood Village, including Metro grocery store, and only minutes to downtown Ottawa. 74 Genest Street is a rare opportunity to own a duplex that has been genuinely cared for, inside and out. (id:50982)

North Grenville, Ontario

Established five-unit residential income property with a proven rental history, consisting of two 2-bedroom units and three 1-bedroom units. All units are self-contained with private bathrooms, offering a versatile layout that appeals to a wide range of tenants. Originally a duplex and expanded over time, the building now operates as a full multi-residential property while remaining straightforward to manage.The all-brick exterior and durable metal roof contribute to long-term maintenance reliability, while tenant storage lockers and on-site parking for five vehicles support stable, long-term occupancy. The largest two-bedroom unit has been recently updated with new flooring, kitchen, bathroom, and fresh paint.Located in the heart of downtown Kemptville, tenants enjoy walkable access to shops, restaurants, recreation, trails, and community events-driving consistent rental demand.Investor opportunity: Seller will give preference to offers that include the adjacent parcel on Thomas Street, presenting potential for future land assembly and increased density. The adjacent property is available separately. Income and expense statement available. (id:50982)

Ottawa, Ontario

Well-maintained triplex on an oversized lot with over 84 ft of frontage, offering a rare opportunity to blend immediate cash flow, owner-occupancy potential, and long-term redevelopment upside. The property generates $48,192 annually with a net operating income of $31,582, featuring a spacious upper-level 3-bedroom unit ideal for an owner-occupant, complemented by two lower-level studio apartments to help offset carrying costs. Unit 1 and Unit 2 are currently on month-to-month leases, while Unit 3 is leased until July 31, 2026. This property has been meticulously maintained by long-term ownership, with clear pride of care throughout and very little deferred maintenance, allowing a new owner to step in and operate with confidence and minimal immediate capital requirements. Major capital improvements include a new roof (2014), driveway expansion and repaving, landscaping and regrading, masonry repairs, and a PVC privacy fence. For investors, this is a balanced asset with solid in-place income and clear upside. For end users, it presents a unique opportunity to live in a larger unit while generating meaningful rental income. The 84 ft frontage further enhances the property with strong future potential for redevelopment, severance, or expansion, making this a versatile acquisition in a market where opportunities like this are increasingly rare. (id:50982)

Ottawa, Ontario

Welcome to this fully renovated bungalow with legal SDU (secondary dwelling unit) in the heart of Vanier North, steps away from Beechwood, offering a turnkey investment opportunity or future owner-occupancy potential. Renovated top to bottom in 2025, this property features two thoughtfully updated units with modern finishes and functional layouts throughout. The large upper unit offers three bedrooms and one full bathroom in a bright, inviting space, while the lower unit provides three bedrooms and two bathrooms, one of which is an ensuite, creating strong appeal for a variety of tenant profiles. Both units feature fresh, contemporary interiors and are well suited for stable rental income; Upper unit currently leased at $2,650, Lower unit currently leased at $2,400. The property includes three parking spaces, with tandem parking for the upper unit and a dedicated space for the lower, along with shared access to the backyard. Ideally located just steps from transit, schools, parks, and the Rideau River pathways, and within easy reach of Beechwood Avenue, downtown Ottawa, and the University of Ottawa, this property is surrounded by grocery stores, restaurants, and everyday amenities, making it a fantastic opportunity in one of Ottawa’s most up-and-coming urban communities. Tenants pay Hydro, Landlord pays Gas and Water. 24 hour irrevocable on all offers. (id:50982)

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)

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)