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

Ottawa, Ontario

Positioned on a high-visibility corner in the heart of downtown Ottawa, this fully vacant duplex offers a rare & flexible opportunity in one of the city’s most connected, walkable & rapidly evolving neighbourhoods. Featuring two 2-bed units, along with four on-site parking spaces, the property provides immediate options for investors, developers, or owner-occupiers, with strong potential for redevelopment. Set on a northwest-facing corner lot the property benefits from Traditional Mainstreet zoning [TM14 H(17)], allowing for a variety of residential or mixed-use possibilities. This zoning supports everything from low- to mid-rise residential & boutique multi-unit projects to commercial space with residential above, making it well suited for thoughtful growth in line with the City’s long-term vision. Full municipal services are already in place, offering a smooth path for both current use & future plans. A rare advantage in this urban setting is the four owned off-street parking spaces with access from Lyon Street, adding everyday convenience & long-term value. The corner lot layout also allows for flexible, efficient building design & strong street presence. The location truly sets this property apart. With Walk Scores in the mid to high 90s, everyday amenities such as groceries, cafés, restaurants, parks, boutiques & essential services are just steps away. The property is well served by multiple OC Transpo routes & is moments from Lyon LRT Station, providing quick access to downtown, major employment centres & the wider city. Surrounded by ongoing & future development, this central location continues to benefit from strong demand & long-term growth. Whether you’re looking for a duplex with immediate potential, a smart land holding, or a prime infill opportunity, this is a compelling chance to secure a highly visible corner property in Ottawa’s urban core. (id:50982)

Ottawa, Ontario

Positioned on a high-visibility corner in the heart of downtown Ottawa, this fully vacant duplex offers a rare & flexible opportunity in one of the city’s most connected, walkable & rapidly evolving neighbourhoods. Featuring two 2-bed units, along with four on-site parking spaces, the property provides immediate options for investors, developers, or owner-occupiers, with strong potential for redevelopment. Set on a northwest-facing corner lot the property benefits from Traditional Mainstreet zoning [TM14 H(17)], allowing for a variety of residential or mixed-use possibilities. This zoning supports everything from low – to mid-rise residential & boutique multi-unit projects to commercial space with residential above, making it well suited for thoughtful growth in line with the City’s long-term vision. Full municipal services are already in place, offering a smooth path for both current use & future plans. A rare advantage in this urban setting is the four owned off-street parking spaces with access from Lyon Street, adding everyday convenience & long-term value. The corner lot layout also allows for flexible, efficient building design & strong street presence. The location truly sets this property apart. With Walk Scores in the mid to high 90s, everyday amenities such as groceries, cafés, restaurants, parks, boutiques & essential services are just steps away. The property is well served by multiple OC Transpo routes & is moments from Lyon LRT Station, providing quick access to downtown, major employment centres & the wider city. Surrounded by ongoing & future development, this central location continues to benefit from strong demand & long-term growth. Whether you’re looking for a duplex with immediate potential, a smart land holding, or a prime infill opportunity, this is a compelling chance to secure a highly visible corner property in Ottawa’s urban core. (id:50982)

Ottawa, Ontario

Prime Glebe/Little Italy 5.5 CAP: Triplex 446 Cambridge Street South, Ottawa. Discover exceptional income potential in one of Ottawas most walkable and vibrant neighbourhoods. Perfectly situated between the Glebe and Little Italy, this property is steps from 24/7 conveniences such as McDonalds, Tim Hortons, grocery and convenience stores, and direct bus service to Carleton University and University of Ottawa. The O-Train, boutique shops, diverse restaurants, and the natural beauty of Dows Lake and Commissioners Park are all within a short stroll. This quiet, well-maintained triplex features: Two one-bedroom apartments and one two-bedroom apartment, each with in-unit laundry and fully occupied. Recent upgrades that enhance value and reduce maintenance:Tankless on-demand hot water system (2025),New roof (2023), Fresh asphalt paving (2025), Updated kitchens, bathrooms, and flooring (2022), Furnace and AC 2019. The thoughtfully designed layout appeals to young professionals, students, and urban dwellers, ensuring strong rental demand year after year. Nearby highlights include Dows Lake Pavilion, Lansdowne Park, and Preston Streets dining district, plus quick access to Carleton University, University of Ottawa, and Algonquin College.Whether you’re looking to expand your investment portfolio or live in one unit while earning income from the others, this Triplex delivers long-term stability, modern efficiencies, and a location that remains one of Ottawas most desirable. ***Some photos are digitally Staged***Financials available upon request. Driveway parking for 2 small cars. (id:50982)

Kingston, Ontario

Right in the heart of Williamsville, you will find this 2 unit property with lots of potential! With a large, 2-storey 4 bedroom 1 1/2 bath unit at the front and a lovely self-contained 1 bedroom 1 bath unit at the back, it is ideal for student housing. Or great for a family with a rental unit for additional income. Or, perhaps, an in-law suite or AirBnB? The front unit is vacant and freshly painted and the rear unit will be available in August, just in time for the returning students. With today’s student rental, this property can generate a very respectable 6.5% cap rate. (id:66888)

Ottawa, Ontario

Great investment opportunity in the heart of Vanier! This well-located triplex is zoned R4E, offering excellent potential for investors seeking strong cash flow and future development possibilities. Situated on a quiet side street just steps from Montreal Road, with convenient access to shops, grocery stores, restaurants, public transit, schools, and parks.The property features three levels: the main floor offers a foyer, living room, dining room, 2 bedrooms plus a den,1 bathroom and laundry. The upper unit includes a foyer, living room, kitchen, 2 bedrooms,1 bathroom and laundry and the basement unit consists of 1 bedroom and 1 bathroom. The basement requires renovations but presents strong potential for additional income once completed.Set on a large lot with a private driveway accommodating up to 6 vehicles, this property is ideal for investors or renovators looking to add value in a highly accessible, in-demand location. Property being sold “as is”. The seller makes no representations or warranties. (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

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)

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)

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)

Brockville, Ontario

Fully Renovated Income Property… Looking for a fantastic investment opportunity? This beautifully renovated property offers both! With the $4650 in rental income (tenants paying their own utilities), this home is stylish and located in a great neighborhood. Main House (2094 sq ft)-tenant’s as of March 1st, 2026, for $2800.00 a month, plus utilities. Spacious Layout: 3 bedrooms, 2 bathrooms, attached garage, and back deck. Welcoming Foyer: Entry from both the front door and garage. Open Concept: Living room, dining room, and kitchen with an island for extra counter and cupboard space. Outdoor Living: Patio doors lead to a deck and large backyard perfect for kids or pets. Upper Level: Primary bedroom with 3-piece ensuite and generous closet space, plus 2 additional bedrooms and a 4-piece bath……………..Lower-Level Suite (893 sq ft) and legal apt. Currently leased at 1850.00 plus all utilities – Private Entrance: Separate access at the back of the home. Bright Kitchen & Bath: Large eat-in kitchen and 4-piece bathroom on the entry level. Living Space: A few steps down lead to a cozy living room, a primary bedroom, a second bedroom, and a dedicated laundry room. Outdoor Enjoyment: A private patio provides private outdoor space for this unit, with access to the large backyard. Whether you’re seeking a turnkey rental investment or not, this property offers value. Each unit has its own heat, hydro, and water meters. Upper level has been virtually staged..There are 2 hydrometers, 2 gas meters and 2 water meters.. (id:66888)