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

Ottawa, Ontario

DEVELOPMENT OPPORTUNITY on a premium 50 x 116 ft lot located on a quiet street in the desirable Overbrook neighbourhood. This is a rare chance to acquire a well-proportioned property in an established area experiencing ongoing redevelopment and strong growth. The existing 2+1 bedroom bungalow with a finished basement is being sold primarily for land value, offering excellent potential for redevelopment or a custom build (buyer to conduct their own due diligence). Potential future build options may include a 4-plex, 6-plex semi-detached, or higher-density development such as a 10- or 12-plex, subject to approvals. Current zoning allows for 10+ units, with the possibility to apply for additional density of up to 18 units – or, alternatively, build 10 units without requiring site plan approval. Ideally situated with 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 further enhances the appeal of this centrally located property. Property being sold in “as is, where is” condition. The seller makes no representations or warranties. 24 hours’ notice required for all showings. (id:50982)

Ottawa, Ontario

This property, known as Creekside Lofts, is adjacent to Poole Creek; it consists of one legal duplex rented out for medium term rentals (30 days or longer up to 180 days). Perfect for an investor or a sitting owner who wants to live in one unit and rent out the other. Alternatively, the property would be ideal for a multi-generational family or co-operative housing. Each furnished unit consists of three bedrooms and two baths. They typically rent as MTR (medium term rentals) for $3,500 per month per unit. Total potential revenue from existing duplex is $7,000 monthly ($84,000/year gross). The lot is exceptionally deep, and pie-shaped. Depth ranges from 145.7 to 164.4 feet. Zoning is R1D[2240]: Primarily single-detached dwelling plus the addition of a secondary dwelling units. As of 2025-2026, many R1 zones are transitioning to new “N-series” (Neighbourhood) zones that allow up to 4 units per lot. Subject property is close to services, transit and jobs, 7-mins from the Canadian Tire Centre and there is a natural area behind the properties bordering Poole Creek which provides noise reduction, privacy and beauty. High Ranch construction means lower-level units is only 1/2 level down, has 8-foot ceiling height and large windows, good daylighting. Each unit is about 1,350 square feet, with separate ingress/egress. Total developed floor space of approximately 2,700 sq ft. (id:50982)

Ottawa, Ontario

Welcome to this fully renovated bungalow with legal SDU (secondary dwelling unit) in the heart of Vanier North, steps away from Beechwood, offering a turnkey investment opportunity or future owner-occupancy potential. Renovated top to bottom in 2025, this property features two thoughtfully updated units with modern finishes and functional layouts throughout. The large upper unit offers three bedrooms and one full bathroom in a bright, inviting space, while the lower unit provides three bedrooms and two bathrooms, one of which is an ensuite, creating strong appeal for a variety of tenant profiles. Both units feature fresh, contemporary interiors and are well suited for stable rental income; Upper unit currently leased at $2,650, Lower unit currently leased at $2,400. The property includes three parking spaces, with tandem parking for the upper unit and a dedicated space for the lower, along with shared access to the backyard. Ideally located just steps from transit, schools, parks, and the Rideau River pathways, and within easy reach of Beechwood Avenue, downtown Ottawa, and the University of Ottawa, this property is surrounded by grocery stores, restaurants, and everyday amenities, making it a fantastic opportunity in one of Ottawa’s most up-and-coming urban communities. Tenants pay Hydro, Landlord pays Gas and Water. 24 hour irrevocable on all offers. (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)

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

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)

Arnprior, Ontario

Welcome to 278 Elgin Street West Arnprior! This 5 unit multi family building is ideally located within walking distance of downtown Arnprior. A century home in the front houses 2 large units and a purpose built addition on the back offers 3 more units. Tenants share a common coin operated laundry in the lower level. UNIT 1 in the front section boasts 2 bedrooms, original hardwood floors, large windows and a sun room ($ 1,070.00 per month).UNIT 2 (id:50982)