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

Ottawa, Ontario

Turnkey triplex investment opportunity consisting of a legal duplex with an additional secondary dwelling unit in desirable Fairfield Heights/ Britannia. Strong reliable tenant profile with lots of upside potential, meticulously maintained with over 25 years of pride of ownership. The property features two spacious 3-bedroom units and one 1-bedroom unit, offering an excellent unit mix for stable rental income. Units have been updated over time, with new doors & windows, electrical panels and fully renovated bathroom. Updated kitchens with dishwasher & OTR Microwave. Tenants are reliable and pay on time, with separately metered hydro & gas paid by tenants of upper units, coin operative laundry machines. Recent improvements include two Rheem gas forced-air furnaces (2018 & 2020) and efficient Rinnai Tankless water heater. Ideal for investors seeking a well-maintained, low-maintenance asset or owner-occupants looking to live in one unit while offsetting expenses with rental income. Prime west end location close to Bayshore shopping Centre, Lincoln Heights, Carlingwood Mall, Britannia Beach, steps to transit, new LRT Station and quick easy access to the Queensway. (id:66888)

Ottawa, Ontario

Welcome to this absolutely stunning duplex in the heart of downtown. 314 O’Connor St offers two tastefully updated 1-bedroom units in an unbeatable location. Newly updated open-concept kitchens with quartz countertops. Spacious & bright living spaces. Hardwood floors, new windows, new paint. Cost-efficient radiant heating, new heat pump/AC units, new in-suite laundry machines. Rebuilt back patio/balcony, perfect for relaxing. 3 open parking spaces. 2 storage units. This is downtown living at it’s best; walk to Elgin St, Sparks, Bank, Ottawa University, Parliament Hill, Rideau Centre. The perfect investment property or owner-occupied home! (id:66888)

Ottawa, Ontario

Welcome to 356 Gilmour Street, a beautifully maintained century duplex offering historic charm, spacious living, and excellent income potential in one of Ottawa’s most desirable urban neighbourhoods. Ideal for investors or buyers looking to live in one unit while generating rental income from the other, this property offers flexibility and long-term value in the heart of Centretown.This classic brick duplex features two well-appointed units generating a combined monthly rental income of $4,044. The building offers approximately 2,048 sq. ft. of interior living space, excluding the basement.Unit 1 features a bright 1-bedroom, 1-bathroom layout with an enclosed rear porch and 1 parking space. Recent updates include fresh paint, a new toilet (2025), flooring improvements, and ongoing maintenance. Heat and water are included, with the tenant responsible for hydro.Unit 2 spans the second and third floors and offers 2 bedrooms plus an additional third-floor room ideal as a bedroom, office, or flex space. The unit includes 1 full bathroom, 1 half bathroom, and 1 parking space. Recent improvements include a new bathtub with ceramic tile surround (2025).Additional property upgrades include triple-glazed windows (2023), completed stacks, a boiler system (2021), and roof replacement (2016). Flooring throughout includes hardwood, vinyl plank, ceramic tile, and carpet.Located in the heart of Centretown, residents enjoy walking access to Bank Street and Elgin Street, with cafés, restaurants, boutiques, parks, transit, downtown offices, and everyday amenities nearby. Minutes from the Rideau Canal, Parliament Hill, and the University of Ottawa, this highly walkable location continues to attract professionals and long-term tenants.Don’t miss this opportunity to own a character-filled duplex in one of Ottawa’s most vibrant neighbourhoods. Also available: 360 Gilmour Street as an additional investment opportunity. Measurements are approximate. (id:66888)

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:66888)

Ottawa, Ontario

A solid brick, income-producing non-conforming triplex situated on a generous 6,717 sq ft lot with Mainstreet zone 1 (MS1) zoning, allowing a range of commercial uses and unlocking significant future development potential. The property is fully tenanted; however, two tenants have provided notice. Units are actively being re-leased but vacant possession could be arranged. The building has been well maintained, with major upgrades completed in 2011, including plumbing, electrical, windows, kitchens, and bathrooms. Additional improvements include a sprinkler system, spray-foam insulation in the basement, and two new high-efficiency furnaces installed in 2025. Flooring consists of hardwood, and tiling. The property offers two driveways, ample parking, and a large rear yard extending behind the adjacent property. With 70 feet of frontage, the site may support further development. Located just off Merivale Road, this is a prime position near the Westgate Mall redevelopment, with easy access to public transit, the bicycle path running along the Experimental Farm to Carleton University, and shopping along Carling and Merivale. An excellent addition to any portfolio, with strong income today and compelling upside in a rapidly regenerating neighbourhood. 24-hour notice required for showings. Units : One 3-storey, 1-bedroom townhouse-style unit with private entrance and fenced yard. Currently rented at $1,695/month. The third floor offers potential to dormer for additional bedroom space. One 2-storey, 2-bedroom apartment currently rented at $1,900/month. One main-floor bachelor apartment rented at $1,375/month. Expenses – Insurance: $3,655.00, Taxes: $4,680.27, Hydro: $390.22, Gas: $919.08, Water: $1,485.01 *Some photos have been virtually edited to remove personal items and reduce clutter* (id:66888)

Ottawa, Ontario

Excellent investment opportunity in a prime location! This well-maintained duplex features three self-contained living spaces, offering strong rental income, great tenants, and excellent potential for future growth with many updates and upgrades done over the years.The spacious main-floor 3-bedroom unit rents for $2,467.18/month all inclusive, while the upper-level 1-bedroom unit rents for $1,750/month plus hydro. The lower-level 2-bedroom accessory apartment, complete with its own private entrance, rents for $1,900/month all inclusive. All three units have their own laundry facilities.The property benefits from excellent tenant stability. The flat roof was redone in 2020. Ideally located close to transit, shopping, amenities, and just minutes from downtown. With $6,117.18/month in current rental income, or $73,406.16 annually, this property offers an attractive investment opportunity with further potential to increase revenue over time, never a vacancy. An excellent opportunity for both new and seasoned investors. (id:66888)

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, 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. R4H Zoning, with parking in the 2 car detached garage in the rear of the property. 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. (id:66888)

Ottawa, Ontario

Exceptional investment opportunity in the heart of Beechwood Village. This well-maintained triplex offers the rare combination of strong rental income, an enviable location, and exceptional flexibility for both investors and owner-occupiers.The property features three thoughtfully laid-out two-bedroom, one-bathroom residential units, currently generating $5,363 per month in rental income, or approximately $64,356 annually. The upper unit rents for $1,580/month, the main-level unit for $1,925/month, and the lower unit for $1,858/month. The main-level residence has been beautifully updated with new flooring, stainless steel appliances, and a renovated bathroom, adding to its appeal and rental potential.Three outdoor parking spaces are included, and the property generates an additional approximately $1,200 annually through pay-per-use laundry. Tenants are responsible for their own hydro.An exceptional opportunity to add a quality multi-residential property to your portfolio, or live comfortably in one unit while generating rental income from the other two. With three separate units and multiple income streams, this property offers both immediate revenue and long-term potential.Located in the sought-after Beechwood Village community, residents enjoy convenient access to downtown Ottawa, public transit, shops, restaurants, schools, parks, and hospitals. A compelling opportunity to acquire a versatile income-producing property in one of Ottawa’s established and highly desirable neighbourhoods. Some photos are virtually staged. (id:66888)

Ottawa, Ontario

Turnkey detached brick duplex in the heart of West Centretown, offering strong furnished rental income and extensive recent updates. The spacious main-floor 2-bedroom unit rents furnished for $3,000+/month (with one parking spot), while the upper 2-bedroom unit rents furnished for $2,600+/month, providing gross rental revenue of $67,200+ annually.Both units are bright, spacious and move-in ready, with major improvements including new Scheel windows (2025), ductless heat pump systems on both floors (2025) providing efficient heating and cooling, updated electrical, plumbing updates (2026), new second-floor carpeting (2026), and LED lighting throughout with dimmer switches. The main-floor bathroom has also been refreshed with a new vanity and toilet.Each unit enjoys separate access to a common basement laundry and storage areas and paved parking adds another valuable amenity.An outstanding central location within easy reach of Shops and Restaurants, Preston Street, Bayview LRT, downtown, uOttawa and the Ottawa Hospital. A well-maintained, income-producing property in one of Ottawa’s most walkable and consistently rentable neighbourhoods-ideal for investors, an owner-occupier, or buyers looking for flexible multi-generational living. 24-hour irrevocable on all offers. (id:66888)

Augusta, Ontario

4751-4765 County Road 15: This property offers a rare blend of independence and connection—THREE separate homes on one parcel, each with its own character and privacy. This property is different –whether considering this purchase as an investor (3 income streams) OR a multi-generational purchaser (families living together) OR owner-occupier/investor; (live in one unit, rent other 2) OR extended/ blended family OR the investor looking for an established income property (existing occupancy) – this is a rare investment opportunity unlike any other. 4751-4759-4765 County Road 15 are being offered together as a unique three-home package–essentially a private residential complex. These properties must be sold as one, as they share a single well and septic system.The offering includes three meticulously maintained bungalows, each featuring 2 bedrooms, 1 bathroom, vinyl siding, metal roofs, upgraded electrical, and full (unfinished) basements. All homes are currently tenanted on month-to-month leases, providing immediate income potential. Set on 1.55 acres in the Village of Algonquin, this property offers incredible flexibility. The homes are well cared for by tenants who treat them with pride of ownership. Units 4751 & 4765 includes appliances.(4759 owns theirs) Please note: tenant-owned items such as sheds, gazebos, and hot tubs are excluded.#4765 features an attached garage, propane gas appliance and is the only unit with central air conditioning. All homes are heated with propane and include enclosed front porches, along with ample parking for residents and guests.Conveniently located just minutes from the 401, offering easy commuting access while still enjoying a peaceful village setting.Opportunities like this are seldom available-don’t miss your chance to own a versatile, income-generating property with exceptional flexibility and long-term potential. Qualified buyers will receive a package with income details & property details. (id:66888)

Ottawa, Ontario

INVESTMENT OPPORTUNITY IN WEST CENTRETOWN! Ideally positioned in one of Ottawa’s most sought-after urban neighbourhoods, this well-located duplex offers an excellent opportunity for investors seeking a versatile income property with two separate residential units. Each unit occupies its own level and features two bedrooms, providing attractive layouts for tenants seeking comfortable inner-city living. The upper unit also enjoys a private second-floor balcony, while both units benefit from access to the backyard. Additional features include a detached garage and two rear parking spaces, conveniently accessed from the laneway/street behind Spadina Avenue-an exceptional amenity in this central location. The real value is the location. Situated in West Centretown, residents are surrounded by an outstanding mix of restaurants, cafés, grocery stores, shops, fitness studios, services and entertainment. Bank Street, Somerset Street West and the broader Centretown area offer an abundance of everyday amenities within easy reach. The neighbourhood is highly walkable and well connected by public transit, with convenient access to downtown, the O-Train network, Highway 417 and major employment, education and cultural destinations. (Centretown Ottawa)Enjoy close proximity to Chinatown and Little Italy, the Ottawa River pathways, parks and recreation, and the many attractions of downtown Ottawa. Centretown’s established mix of residential, commercial and employment uses continues to make it an attractive choice for tenants seeking an urban lifestyle with convenience at their doorstep. (Centretown Citizens Ottawa Corporation)A fantastic opportunity to add a well-positioned duplex to your portfolio, live in one unit while renting the other, or capitalize on the enduring appeal of central Ottawa living. Minimum 48hrs notice to schedule any and all showings. (id:66888)

Ottawa, Ontario

Development opportunity on a premium 55.71 ft x 100 ft lot located on a quiet cul-de-sac in the desirable Overbrook neighbourhood. Rare chance to acquire a well-sized lot in an established area experiencing ongoing redevelopment and strong growth. The existing 2+1 bedroom home with two full bathrooms and a finished basement is being sold strictly for land value. The property presents an excellent opportunity for redevelopment or a custom build in a neighbourhood seeing increasing new construction and investment (buyer to perform their own due diligence). Ideally situated in a location offering quick access to downtown Ottawa, the Rideau River, scenic walking and cycling pathways, parks, and green space. Close proximity to the University of Ottawa, St. Laurent Shopping Centre, schools, public transit, and Highway 417 adds to the strong redevelopment appeal of this central location. Property being sold in “as is, where is” condition. The seller makes no representations or warranties. (id:50982)