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

Ottawa, Ontario

Exceptional Triplex Opportunity – Steps from the Rideau Canal in Old Ottawa East. A rare chance to own a triplex steps from the Rideau Canal in one of Ottawa’s most desirable urban neighbourhoods. This versatile property features three distinct units: 136 Glenora, a 3-bed, 1.5 bath apartment; 36 Hazel, 2-bed, 1 bath suite; and 34 Hazel, 2-bed, 2 bath unit. Each residence offers its own private entrance, providing flexibility for multi-generational living, investment, or future redevelopment. With new zoning policies in Old Ottawa East, the property presents meaningful potential to add on, expand, or reimagine the existing structure, maximizing long-term value in a rapidly evolving area. Just steps from the Flora Footbridge, enjoy direct pedestrian access to the Glebe, Lansdowne, Whole Foods, TD Place, and year-round festivals. Walk to Main Street cafés, restaurants, shops, and community amenities, or cycle the scenic canal and river pathways that define this walkable, bike-friendly community. Ottawa University is approximately five minutes away, Parliament Hill is about ten, with transit, parks, and schools all close by. A centrally located property where lifestyle, connectivity, and redevelopment potential converge. Some photos are digitally enhanced. 24 hours irrevocable on all offers. 24 hours notice required for all showings. (id:50982)

Ottawa, Ontario

Prime redevelopment and value-add opportunity in the heart of Ottawa’s Little Italy. Existing triplex with approved plans and supporting consultant reports for conversion to a mixed-use building consisting of a ground-floor commercial unit and two residential units above. Extensive pre-development work has been completed, including architectural drawings, structural review, Hydro Ottawa clearance review, mechanical design and permit-related submissions. Purchasers benefit from significant time savings by acquiring a project that has already progressed through the planning and design process. The proposed design retains the existing structure while introducing a modern mixed-use layout suited for retail, professional office, service commercial or similar permitted uses. Rear parking available. Located within one of Ottawa’s most established urban corridors, minutes from Dow’s Lake, the future Ottawa Senators arena district, Chinatown, the Rideau Canal, public transit and major employment nodes. An excellent opportunity for builders, contractors, investors and owner-operators seeking a manageable urban infill project with substantial due diligence already completed. (Renderings depict a conceptual representation of the proposed redevelopment) (id:50982)

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)

Ottawa, Ontario

Prime redevelopment and value-add opportunity in the heart of Ottawa’s Little Italy. Existing triplex with approved plans and supporting consultant reports for conversion to a mixed-use building consisting of a ground-floor commercial unit and two residential units above. Extensive pre-development work has been completed, including architectural drawings, structural review, Hydro Ottawa clearance review, mechanical design and permit-related submissions. Purchasers benefit from significant time savings by acquiring a project that has already progressed through the planning and design process. The proposed design retains the existing structure while introducing a modern mixed-use layout suited for retail, professional office, service commercial or similar permitted uses. Rear parking available. Located within one of Ottawa’s most established urban corridors, minutes from Dow’s Lake, the future Ottawa Senators arena district, Chinatown, the Rideau Canal, public transit and major employment nodes. An excellent opportunity for builders, contractors, investors and owner-operators seeking a manageable urban infill project with substantial due diligence already completed. (Renderings depict a conceptual representation of the proposed redevelopment) (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)

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

Welcome to 546 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: 548 Guy Street, which can be purchased together for added investment or multigenerational potential. (id:50982)

Cornwall, Ontario

Welcome to a well-situated 6-unit multiplex offering strong income potential and outstanding convenience for both investors and tenants alike. This property features a desirable unit mix with three renovated 2-bedroom, 1-bathroom units and three 1-bedroom, 1 bathroom units, each complete with their own kitchen and family room areas. Offered with one vacant unit available upon possession, this is the perfect opportunity for an investor looking to live in the property while generating rental income, or to set their own market rent from day one. Situated in a highly walkable location, tenants will enjoy being just steps from everyday amenities and entertainment including grocery stores, restaurants, Tim Hortons, fast food, shopping, Galaxy Cinemas, and more. Whether you are looking to expand your investment portfolio or secure a versatile income-generating property with owner-occupancy potential, this offers location, flexibility, and long-term value in one attractive package. (id:66888)

Ottawa, Ontario

Welcome to 360 Gilmour Street, a beautifully maintained century duplex offering spacious living, strong rental income, and excellent long-term investment potential in one of Ottawa’s most desirable urban neighbourhoods. Ideal for investors or buyers looking to live in one unit while generating income from the other, this property offers versatility, valuable parking revenue, and long-term value in a prime Centretown location.This classic brick duplex offers approximately 1,880 sq ft of interior space and generates a combined monthly residential rental income of $4,044.41, increasing to $4,128/month effective August 1, 2026, plus an additional $700/month in parking revenue from surplus parking spaces. Unit 1 offers 1 bedroom, 1.5 bathrooms, 1 parking space, and an enclosed backyard porch. Unit 2 features 3 bedrooms, 2 bathrooms, and 1 parking space, providing flexible living arrangements attractive to long-term tenants. Heat and water are included in both units, with tenants responsible for hydro.A rare feature for downtown Ottawa, the property includes 9 total parking spaces, creating additional revenue potential and enhancing long-term value.Major upgrades include triple-glazed windows (2023), boiler system (2024), roof replacement (2013), replaced plumbing stacks, R12 foam insulation in the basement (2017), and ongoing improvements throughout ownership, offering peace of mind and reduced future capital costs.Located in the heart of Centretown, residents enjoy walkingaccess to Bank Street and Elgin Street with cafés, restaurants, boutiques, parks, transit, downtown offices, and everyday amenities nearby. Just minutes from the Rideau Canal, Parliament Hill, and the University of Ottawa, this highly walkable location continues to attract professionals and quality tenants. Don’t miss this opportunity to own a character-filled duplex in one of Ottawa’s most vibrant neighbourhoods. Also available 356 Gilmour St. as another excellent investment opportunity. Approx-Dim. (id:50982)

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)

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)