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

Ottawa, Ontario

This exceptional duplex property features three distinct units, offering a fantastic opportunity for investors or owner-occupants. You can live in the largest unit and rent the other two as the spacious 2-bedroom end unit at 27 Perkins is vacant as of Nov 1. This unit also features central A/C and a dedicated front parking spot. The middle building at 25 Perkins includes two 1-bedroom units, both currently tenanted with occupants who wish to stay. All 3 units generate over $46,000 in net annual income. The property is situated on a quiet dead-end street next to Lebreton Flats, the site of the annual Bluesfest and the future home of the Ottawa Senators stadium. It offers incredible accessibility, located just a 6-minute walk from the Pimisi LRT station, minutes from the Gatineau bridge, and just over 2km from both the University of Ottawa and Elgin Street, with Little Italy and Chinatown nearby. A detailed PDF of expenses, income, and the Lebreton Flats Master Concept Plan is available upon request. (id:66888)

Ottawa, Ontario

Welcome to 84 Anderson Street, a fantastic investment opportunity in the heart of Ottawa’s vibrant Little Italy! Offering a 5.5%+ cap rate, this well-located triplex is perfectly positioned between Preston Street and Chinatown, delivering exceptional walkability and strong rental appeal. The property features three self-contained units, each with convenient in-unit laundry. Apartment 1 is a lovely 2-bedroom, 1-bathroom main-floor unit; Apartment 2 is a spacious & bright 1-bedroom, 1-bathroom second-floor unit featuring open-concept living and two private balconies; and Apartment 3 is a cozy lower-level bachelor unit with private exterior access. Deep lot with ample parking. N4B zoning allowing for future expansion/redevelopment. Tenants will love the unbeatable location, just steps from Preston Street and within walking distance of the LRT, Plante Recreation Centre, Chinatown, LeBreton Flats, restaurants, cafés, shopping, recreation and more. An excellent opportunity for investors looking to add a well-positioned, income-producing property in one of Ottawa’s most desirable and dynamic urban neighbourhoods. Restricted showing times; minimum 24 hours’ notice required. (id:66888)

Ottawa, Ontario

LOVE WHERE YOU LIVE. ENJOY THE POSSIBILITIES! The Duo Collection pairs modern living with exceptional flexibility. Open-concept spaces, wide-plank luxury vinyl flooring, quartz counters, pot lights, dual-sink ensuite, 12 LG appliances and 3 designer decor packages. The private lower-level dwelling is ideal for a home office, studio, guests, family or potential rental income. Enjoy a fenced backyard, attached garage and an established community near parks, mature trees, bike and jogging trails, schools and shopping. Only 16 homes! (id:66888)

Ottawa, Ontario

Situated on an oversized 66′ x 88.5′ double lot in the heart of Vanier, this rare purpose-built side-by-side duplex offers a unique combination of existing rental income and exceptional future development potential. Zoned R4UA, the property is uniquely configured with the entire duplex situated on one half of the lot, leaving the other half as largely vacant land – an increasingly rare opportunity in Ottawa’s urban core. This highly flexible layout creates exciting possibilities for future intensification, redevelopment, expansion, or potential severance opportunities (buyer to verify with the City of Ottawa).The duplex consists of two 2-bedroom, 1-bathroom units, each with separate entrances and independently metered electrical service, separate hot water tanks, and separate washers and dryers. Current rents are well below market value, offering attractive future income upside, while the month-to-month tenancy structure provides flexibility. Whether you are seeking a strategic land holding opportunity, an income-producing property with substantial redevelopment possibilities, or a prime urban infill site with holding income already in place, 228 Carillon Street offers a rare range of options in one of Ottawa’s rapidly evolving neighbourhoods. Ideally located close to downtown Ottawa, Beechwood Village, transit, parks, schools, shopping, and everyday amenities, this is a compelling opportunity for buyers looking to capitalize on the continued growth and intensification of the area. (id:66888)

Cornwall, Ontario

Welcome to your next investment opportunity! This fully tenanted 5-plex offers a rare combination of strong cash flow, reliable rental income, and long-term growth potential. Generating approximately $81,000 in gross annual income and an estimated 8% cap rate, this income-producing property is well positioned for investors seeking solid returns from day one. Comprised of five self-contained residential units with established tenants in place, the building provides dependable revenue while benefiting from continued demand for quality rental housing. Conveniently located close to shopping, schools, parks, public transit, and other everyday amenities, the property appeals to a wide range of tenants and supports long-term occupancy. Whether you’re expanding an existing portfolio or entering the multi-family market, this 5-plex represents an excellent opportunity to acquire a well-performing asset with proven income and future upside potential. A minimum of 24 hours’ notice is required for all showings. Please allow 48 hours irrevocable on all offers as per Form 244. (id:66888)

Cornwall, Ontario

Rare opportunity to acquire a fully tenanted 6-unit income property offering strong cash flow and excellent long-term investment potential. Featuring a desirable mix of spacious 1, 2, and 3-bedroom units, this property provides broad tenant appeal and reliable rental stability. The building currently generates $75,519.12 in gross annual rental income, with annual operating expenses of $21,282, resulting in an estimated Net Operating Income (NOI) of $54,237.12. Several units offer all-inclusive living, contributing to strong tenant retention and consistent occupancy. Conveniently located close to St. Lawrence College, public transit, shopping, and other amenities, this income-producing property presents an excellent opportunity for investors seeking stable returns, consistent income performance, and future growth potential. Minimum 24-hour notice required for all showings. Please allow 48-hour irrevocable on all offers. (id:66888)

Cornwall, Ontario

FIVEPLEX Exceptional Commercial Investment Opportunity in Cornwall! An outstanding opportunity for investors seeking income potential, flexibility, and long-term value in a strategic Cornwall location. Situated on a prime corner lot, this versatile 5-unit property offers a compelling opportunity for income generation, portfolio expansion, or future value-add investment, with the potential to accommodate a 6th unit. Site plan drawings are available to support further exploration of the property’s development potential.Offered with no tenants to inherit, investors have the flexibility to establish their own tenancy strategy, optimize the property’s use, and maximize its income potential. The property features 7 parking spaces, including 5 outdoor and 2 indoor spaces, along with two large driveways for added convenience. Key bylaw, fire, and electrical requirements have been addressed, providing a foundation for the next owner to pursue their investment objectives.Strategically located near Cornwall Square, a major local shopping destination, with convenient access to the U.S. border, the property benefits from proximity to established amenities and regional transportation routes. Directly across from a Chartwell retirement residence, the location offers additional context for investors evaluating the surrounding neighbourhood and its potential demand. Whether you are expanding your investment portfolio, exploring additional rental income opportunities, or evaluating future redevelopment potential, this property presents a versatile opportunity to acquire a multi-unit asset with room to execute your vision in Cornwall. (id:66888)

Ottawa, Ontario

Welcome to 11 Courtney Road, a versatile bungalow with a legal secondary dwelling, ideally situated on a quiet, child-friendly street in Kanata. An excellent opportunity for homeowners looking to offset their mortgage with rental income, multi-generational families, or investors seeking a two-unit property. The bright 3-bedroom main-level unit will be vacant on closing, giving the new owner the flexibility to move in immediately or rent it out. Featuring hardwood flooring, generous living and dining spaces, a functional kitchen with ample cabinetry and a full bathroom. The legal 2-bedroom lower-level unit was completed in 2019 and features its own completely separate entrance, spacious open-concept living area, full bathroom, laundry and an impressive kitchen with abundant cabinetry, island and stainless steel appliances. Numerous pot lights with dimmers create a bright, modern atmosphere throughout. Currently rented for $2,195/month on a month to month lease, the lower unit provides immediate rental income from day one. Outside, enjoy a large fenced backyard with mature trees, green space, extensive interlock patio and walkways, storage shed and above-ground pool. Parking for up to 6 cars! Conveniently located near parks, schools, bus service, T&T Supermarket, Hazeldean Mall, shopping, restaurants and everyday amenities. Move upstairs and benefit from $2,195/month in existing rental income, accommodate extended family, or rent both units for additional income potential. A rare combination of flexibility, location and income opportunity! (id:66888)

Cornwall, Ontario

Welcome to a well-situated 6-unit multiplex offering strong income potential and outstanding convenience for both investors and tenants alike. This fully tenanted property offers a solid mix of units and features three renovated units, providing an attractive opportunity for investors seeking a turnkey income-producing property. Situated in a highly walkable location, tenants will enjoy being just steps from everyday amenities and entertainment, including grocery stores, restaurants, Tim Hortons, shopping, Galaxy Cinemas, and more. Whether you are looking to expand your investment portfolio or secure a well-located, income-generating property, this multiplex offers convenience, rental income, and long-term value in an attractive location. (id:66888)

Ottawa, Ontario

Welcome to 321 Mona Avenue! Invest with confidence in this well maintained and smartly renovated duplex, with partially complete basement in-law suite. Owner occupancy and constant attention to improvements apparent throughout. Main floor unit features recent kitchen, flooring, and bathroom updates, a versatile two+office or three bedroom layout, newer windows, and ductless mini split heat pump. Upper unit features a bright two bedroom layout with updated windows and mini split, full kitchen, and combo laundry. Two turn key apartments, easily rentable or comfortable for a multi-gen family or owner occupancy with supplemental income and potential third unit. Ample parking, tidy yard space, and large detached garage make this an easy choice for a variety of living situations. The location is also quiet, with minimal through traffic, nice neighbours, and in close proximity to a wide variety of amenities. Book your viewing today! (id:66888)

Ottawa, Ontario

THE PERFECT HOME FOR A GROWING FAMILY. The Duo Collection gives your family something traditional homes can’t: flexibility. Two living spaces provide room for parents, adult children, guests, a home office or future rental income. Beautifully designed with modern kitchens, quartz countertops, quality appliances and elevated finishes throughout. (id:66888)

Ottawa, Ontario

MAKE YOUR HOME WORK FOR YOU. The Duo Collection offers two independent living spaces, giving homeowners the opportunity to generate rental income and help offset their mortgage. Enjoy modern design, beautiful kitchens, quartz countertops, quality appliances and thoughtful finishes throughout. An innovative approach to homeownership designed for today’s buyers. (id:66888)