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

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

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)

Ottawa, Ontario

Nestled in the highly sought-after Britannia neighborhood, this legal duplex with an additional secondary dwelling unit presents an exceptional investment opportunity with immediate income potential. The building also offers a small dynamic office space as well. All units are tenanted. Ideally located in the city, the property enjoys a prime location just moments from Britannia Beach, offering serene waterfront access and scenic parkland, while being steps from top-rated schools, boutique shopping, and trendy cafes. With swift access to LRT transit and Highway 417, commuting to downtown Ottawa, Kanata, or Gatineau is effortless, enhancing its appeal to tenants. The nearby Britannia Yacht Club, Andrew Haydon Park, and multi-use pathways provide year-round recreation, making this a coveted location for long-term renters. The property features two spacious 3-bedroom units, each with hardwood floors, bright living spaces, and private backyard access, plus a lower-level 1-bedroom unit with a full kitchen and open-concept living area. Additional income includes coin-operated laundry and storage facilities. Total parking for 6 vehicles. Also equipped with security cameras, the property has benefited from recent upgrades including new gutters with leaf guards and asphalt driveway repairs. Combining strong cash flow with long-term appreciation in one of Ottawa’s most desirable neighborhoods, this is an investment opportunity not to be missed. (id:50982)

Ottawa, Ontario

INVESTOR ALERT! Income-producing triplex generating approximately $68,772 in gross annual rental income with an estimated NOI of approximately $54,183 in a highly desirable central Ottawa location. This well-maintained property features three spacious 2-bedroom units, each offering the convenience of in-suite laundry and dedicated parking. A fourth parking space provides additional income potential.Designed for efficient ownership, the property includes three separate hydro meters, with Units 2 and 3 paying their own hydro costs. Recent improvements include new rear metal stairs (2025), a new rented furnace (2026), updated interior doors, modernized bathroom finishes, and LED lighting upgrades.The bright and functional units feature 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, Highway 417, public transit, schools, shopping, restaurants, parks, and community amenities. Whether you are looking to expand your investment portfolio or acquire your first multi-unit property, this triplex offers immediate income and long-term growth potential in one of Ottawa’s most convenient rental locations.Some interior photos were taken prior to current tenancy. (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

Exceptional investment opportunity in the Lincoln Fields neighborhood. This fully rented duplex with long term tenants offers immediate income with two spacious three-bedroom units, each featuring timeless hardwood floors and well-designed layouts. Investors will appreciate the strong upside potential, including the opportunity to develop a third unit in the basement (buyer to verify). Set on a generous lot, the property also features a two-car driveway, a private rear deck, and backyard that enhance long-term tenant appeal and future value. Ideally located in Ottawa’s central west end. Just moments to parks, schools, shopping, and the LRT, with quick access to downtown, major transit routes, and key employment hubs. A rare chance to acquire, future development potential, and an unbeatable location. both furnaces replaced 2023, new roof 2024 (id:50982)

Clarence-Rockland, Ontario

*FULL HST REBATE INCLUDED IN LISTING PRICE*. Welcome to Canmore, the perfect bungalow that can generate extra income with a full legal secondary unit.You will love the bright and open-concept floor plan that flows seamlessly. Cozy up in your inviting living room and prepare wonderful meals in your spacious kitchen. The side counter space is perfect to sit and relax with your coffee or a glass of wine! Retreat in your primary suite complete with a walk-in closet. The 3-piece bathroom conveniently comes with a linen closet for extra storage.The secondary unit with a private entrance is perfect for your guests or as an income suite, boasting a large kitchen with an island and a walk-in pantry, 2 bedrooms, a laundry room, and a spacious living room area. You will love everything about your new home and the thriving community of Rockland. *** This model is to be built. (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)

Ottawa, Ontario

395 McLeod Street represents a compelling investment opportunity in the heart of Centretown, one of Ottawa’s most established and consistently in demand urban neighbourhoods. As of July 2025, the property generated $59,582.64 in gross rental income, with total operating expenses of $19,510.59, resulting in a strong net income of $40,072.05. These figures reflect stable performance, efficient cost management, and dependable cash flow, making the property well suited for investors seeking both income reliability and long term value preservation.Centrally located, the property benefits from exceptional walkability and proximity to downtown Ottawa, Parliament Hill, major employment hubs, and key transit routes. The surrounding area is anchored by the vibrant commercial corridors of Bank Street and Elgin Street, offering a wide range of restaurants, retail, and daily amenities. This location continues to attract a diverse and stable tenant base, including government employees, professionals, and students, supporting consistent rental demand and favourable long term growth potential. With its strong financials and prime urban setting, 395 McLeod Street is a solid addition to a well balanced real estate investment portfolio. (id:50982)

Ottawa, Ontario

Welcome to 548 Guy Street. Custom built and thoughtfully designed by award-winning Colizza Bruni Architecture, this stunning 4 bedroom, 3 bathroom two-storey home offers modern living in the heart of Castle Heights. Less than 6 years old, this home showcases exceptional craftsmanship, a smart layout, and high-end finishes throughout. The main level features beautiful hardwood flooring and a bright, open-concept design ideal for both everyday living and entertaining. The chef-inspired kitchen is equipped with top-of-the-line stainless steel appliances, complemented by quality cabinetry and functional workspace. A spacious living and dining area creates a warm and inviting atmosphere. Upstairs, you’ll find generously sized bedrooms designed for comfort and practicality, making this home ideal for growing families. A standout feature is the thoughtfully designed lower level, offering a separate entrance to a self-contained 1 bedroom, 1 bathroom suite. This property is a legal duplex, providing excellent potential for multigenerational living, rental income, or added flexibility. Located in the established and evolving Castle Heights neighborhood, the area offers a mix of character homes and newer infill developments, attracting families, first-time buyers, and investors alike. Enjoy close proximity to parks, schools, shopping, and everyday amenities, including the St. Laurent Shopping Centre, grocery stores, and convenient transit options. The neighborhood is known for its welcoming, multicultural community and practical lifestyle appeal. An excellent opportunity to own a newer, custom-built home in a central location. Also available: 546 Guy Street, which can be purchased together for added investment or multigenerational potential. (id:50982)

Ottawa, Ontario

Spacious 5-Bedroom Home in the Heart of Ottawa Multi-Gen Living or Duplex Potential! Welcome to a rare find in the heart of Ottawa, a beautifully updated 5-bedroom home that was originally designed as a duplex and can easily be converted back! Whether you’re dreaming of multi-generational living, income potential, or just need extra space, this property offers incredible flexibility in a prime central location. Currently enjoyed as a single expansive residence, the home features a thoughtfully integrated layout with 5 bedrooms, 2 full bathrooms including a 4-piece and a 3-piece, 2 full kitchens, and generous living space perfect for growing families or hosting guests. The dual kitchens make this home ideal for extended families, in-laws, or those considering a future rental setup. Step outside to your private backyard retreat, complete with a sun-filled deck perfect for entertaining, relaxing, or creating your own urban garden. Tucked away in a desirable Ottawa neighbourhood, you’re just minutes from top schools, parks, shopping, transit, and every amenity you could need. Live large as one home or easily reconfigure into two units the choice is yours. Whether you’re looking to offset your mortgage, accommodate extended family, or generate rental income, this one-of-a-kind property offers space, style, and opportunity. Don’t miss your chance to make it yours! (id:50982)

Ottawa, Ontario

Excellent investment opportunity in the heart of vibrant Vanier! Welcome to 208 Montfort Street, a well-maintained triplex offering strong income potential and excellent versatility for investors or owner-occupants alike. Ideally located close to downtown Ottawa, public transit, shopping, restaurants, parks, schools, and everyday amenities, this property provides convenience and accessibility in a rapidly growing neighbourhood. The building features three self-contained units with functional layouts, bright living spaces. Apt #204, Basement, has one bedroom, living room, kitchen & 3 pieces bathroom. Apt #206 & #208 have two bedrooms, living room, kitchen and 3 pieces bathroom each. Large windows throughout allow for plenty of natural light, while the property offers ample parking and outdoor space for tenant enjoyment. A fantastic opportunity to add to your investment portfolio with potential for steady rental income in a centrally located area close to employment hubs, University of Ottawa, and major commuter routes. Whether you are looking to live in one unit while generating rental income from the others or seeking a fully tenanted income property, this triplex offers exceptional value and long-term potential in one of Ottawa’s established urban communities. (id:50982)