$900,000 – $1,000,000 Multi-Family Homes For Sale

Ottawa, Ontario

Exceptional Investment & Redevelopment Opportunity – TM Zoned TriplexRare opportunity to acquire a well-maintained, income-producing triplex in the heart of Vanier with highly desirable Traditional Mainstreet (TM) zoning, offering outstanding flexibility for investors, developers, and owner-operators alike.This fully leased property features three residential units, all occupied by long-term tenants, providing stable and reliable rental income from day one. Additional revenue is generated through two detached garages that are currently rented, as well as a coin-operated laundry for tenant convenience.The property’s Traditional Mainstreet (TM) zoning significantly enhances its long-term value by permitting a broad range of residential, commercial, and mixed-use opportunities. Continue operating the property as a successful triplex, renovate and add value, or explore the potential to redevelop into a higher-density residential or mixed-use building. TM zoning is designed to encourage intensification along established urban corridors and permits a variety of uses, including apartment dwellings, retail, offices, restaurants, professional services, and mixed-use developments.Situated along the McArthur Avenue corridor, this prime location offers quick access to downtown Ottawa, public transit, shopping, restaurants, schools, parks, hospitals, and the Rideau River pathways, making it an attractive location for both tenants and future redevelopment.Whether you’re seeking a turnkey investment with dependable cash flow, land for future redevelopment, or a property with commercial and mixed-use potential, 289 McArthur Avenue presents an exceptional opportunity in one of Ottawa’s established and evolving urban neighbourhoods. (id:66888)

Ottawa, Ontario

GREAT INVESTMENT OPPORTUNITY!! Welcome to this TWO 3-bedroom units DUPLEX WITH BASMENT SUITE UNIT, LARGE DRIVEWAY, PRIVATE YARD, ON SITE LAUNDRY.Step up from the front entrance to the main level, where you’ll find the bright and spacious living room flows into a clean, well-maintained kitchen, while three generously sized bedrooms provide comfortable living space for the whole family. A private balcony off the main level offers convenient access to the fully fenced backyard, perfect for relaxing or outdoor enjoyment. The second level offers the same functional layout as the main floor, featuring three good-sized bedrooms, a bright and inviting living room, and a clean, well-equipped kitchen. The fully finished basement features a spacious suite complete with a full bathroom with private exterior entrance, offering excellent flexibility for extended family, guests, or rental income. This property is a rare find in such excellent condition both inside and out. This home is within walking distance to shopping, restaurants, and public transit, and just a short commute to Carleton University, Hog’s Back Park, and Mooney’s Bay Park. Direct public transit to Carleton University and Algonquin College is conveniently available right outside the property.Currently, the property is fully rented to long-term tenants, generating approximately $60,000 in annual rental income. It’s a rare chance to own a cash-flowing property in the heart of Ottawa, with both strong rental income and excellent future potential. Don’t miss this rare investment opportunity! Book your private showing today and discover everything this exceptional property has to offer. (id:66888)

Ottawa, Ontario

Attention investors & multi-generational families! This rare, turnkey raised bungalow duplex features a fully independent, detached in-law suite, offering an incredible opportunity for high cap rates, substantial cash flow, or premium co-living. Location is unbeatable: a 2-minute walk to the LRT plugs you directly into Ottawa’s transit vein, reaching downtown Parliament, Ottawa U, and La Cité in less than 15 minutes. Daily errands are a breeze with Trainyards retail hub just a 10-minute walk away, putting every possible amenity at your doorstep. The Home features a bright 3-bed, 1-bath upper unit and a spacious 2-bed, 1-bath lower unit. The detached in-law suite offers a private, separate 1-bed, 1-bath layout with 36 Inch Doors and Walk in Shower. Extensive recent updates within the last year leave absolutely nothing to do: enjoy brand-new flooring, gorgeous quartz countertops, modern backsplashes, fresh paint, and updated lighting throughout. The exterior boasts a massive parking area for up to 5 vehicles and premium 50-year shingles for ultimate peace of mind and low maintenance reserves. Whether you are looking to house an extended family with total independence, live in one unit while letting tenants pay the mortgage, or add a high-yielding asset with multiple revenue streams to your portfolio, this property delivers on every front. Don’t miss out on one of the city’s most convenient transit-oriented pockets. Rents Unit A (Tenants Just vacated $2500+Hydro) Unit B ($2300+Hydro) Unit C ($1975-All Inclusive) Property operating at a 6.68% Cap Rate at asking Price. 24 Hour Notice for Showings and 24 Hour Irrevocable on All Offers. (id:50982)

Ottawa, Ontario

Fantastic opportunity for investors or owner-occupiers in a charming, family-friendly neighbourhood just a short walk to Britannia Beach, nearby bike paths, parks, and the future LRT station. This well-maintained duplex with a lower level in-law suite/apartment offers three separate living spaces, strong income potential, and the option to live in one unit while the other two help offset expenses. With 2258 of overall living space, the main floor and second floor units each offer approximately 805 sq. ft. with the same functional layout, featuring hardwood flooring, two bedrooms, a spacious living/dining area, kitchen with eat-in space and stainless steel appliances, plus a full bathroom. The lower level in-law suite/apartment includes a living room, kitchen with eat-in area, full bathroom, and bedroom. The lower and main apartments are currently rented out by fabulous paying tenants, making this a great turnkey opportunity. Each unit has its own access to the backyard, creating privacy and convenience for all occupants. The large backyard is a wonderful shared outdoor space with a spacious deck, patio with gazebo, two 10×10 sheds, additional side storage sheds, and a well-contained garbage area to help keep everything neat and tidy. The driveway offers parking for up to six vehicles. Additional features include three separate hydro meters and a lower-level laundry room with three dryers and one washer. Whether you are looking to expand your investment portfolio or live in one apartment while generating income from the others, this property offers flexibility, location, and excellent potential in the sought-after Britannia area. Shows well. Reach out for more details! Some photos virtually staged! (id:50982)

Clarence-Rockland, Ontario

With the in-law suite already vacant and the remaining owner-occupied units to be delivered vacant upon possession, this property offers investors the rare opportunity to choose their own tenants and achieve full market rental rates from day one, while also serving as an ideal option for multi-generational living. Located in the heart of Rockland, just steps to schools, parks, shopping, restaurants, and everyday amenities, this well-maintained duplex offers the perfect blend of convenience, comfort, and peaceful living. With a charming front porch and paved driveway, the curb appeal welcomes you from the moment you arrive. Featuring two well-appointed dwellings, this property is ideal for investors or multi-generational living. Dwelling 1 welcomes you with an inviting foyer leading to a bright kitchen showcasing a beautiful accent wall, abundant cabinetry and counterspace, a sit-at island, and all appliances included. The dining room is filled with natural light from a large window. Upstairs offers a spacious primary bedroom, three additional bedrooms, and a 4-piece bathroom. The bright lower level features a cozy living room, 3-piece bathroom, laundry, and ample storage space. Attached to dwelling 1 is a cozy and bright studio in-law suite with a separate entrance, complete with a full kitchen, appliances included, and its own private living space – ideal for extended family or additional rental income. Dwelling 2 offers a welcoming foyer, a large kitchen with stainless steel appliances included, and a living room with fireplace and rustic accent wall. The second level features a primary bedroom, an additional bedroom, and a 4-piece bathroom. The lower level includes a recreation room, 3-piece bathroom, laundry, and storage. Enjoy two fully fenced backyards, a deck, gazebo, and shed – offering privacy and outdoor enjoyment for all dwellings. (id:50982)

Ottawa, Ontario

Presenting 20 Primrose Avenue, a legal duplex in one of Ottawa’s most sought-after neighbourhoods, offering both immediate rental income and enduring investment value through two thoughtfully configured self-contained units. The main-level residence spans two floors and comprises three bedrooms and a full bathroom, while the lower-level suite features two bedrooms and one full bathroom. -Each unit with separate entrances and independently metered utilities, including two hydro meters, one gas meter, and three water meters for effortless tenant billing. Recent capital improvements provide exceptional peace of mind, including a metal roof installed in 2016, a brand-new boiler system commissioned in 2025, and energy-efficient windows replaced within the last fifteen years. A single-car garage adds further convenience, while the property’s prime location places residents moments from the scenic Ottawa River, and foot steps to Le Breton flats, Saint Vincent hospital, little Italy and Chinatown! Complete with an occupancy permit and survey on file, and with the main floor currently leased for reliable cash flow, this impeccably maintained duplex represents a rare opportunity for the discerning investor seeking both stability and refinement. The home is heated by a boiler installed in 2025, which serves both the upstairs and downstairs units. The upstairs also benefits from a heat pump installed in 2024, while the downstairs is equipped with a heat pump installed in 2025 as well as baseboard heating. Hot water is supplied by two 40-gallon water heaters, both purchased and installed in 2026. (id:50982)

Ottawa, Ontario

Exceptional investment opportunity in the heart of North Gower, offering immediate income and outstanding future development potential. Positioned prominently at the intersection of Roger Stevens Drive and Fourth Line Road, this unique land assembly includes two fully tenanted triplex buildings along with a commercially zoned parking lot situated between them. The parking area accommodates approximately 10-12 vehicles and features a versatile outbuilding currently utilized for storage. With Village Mixed Use (VM) zoning, this property presents remarkable flexibility for a wide range of commercial, residential, or mixed-use possibilities. Whether you’re seeking a strong income-generating asset, a strategic land holding, or a site with exciting redevelopment prospects, this offering delivers exceptional value and long-term upside in a growing community. *Lot size is based on all three properties. (id:50982)

Perth, Ontario

4-plex in the historic retirement town of Perth, all tenants pay their own hydro & heat (electric baseboard).This building will attract good tenants because of the upscale atmosphere, very high walk-score being 3 blocks to Stewart Park with a multitude of yearly festivals, 2 blocks to the Tay Canal which flows into the world heritage site Rideau Canal, 1.5 blocks to Gore St, the main business street of Perth, 8 blocks to the oldest golf course in Canada – the Links O Tay Golf Course. Perth has been voted the prettiest town in Ontario many times. Perth is halfway between Ottawa & Kingston. Large lot 73 ft x 135 ft with lots of parking space. All residential area. Rents: Unit A – $1,600 (2 bdrm on the upper level), Unit B – $1,600 (1 bdrm + den on the main level), Unit C – $1,350 (1 bdrm on the upper level), Unit D – $1,450 (1 bdrm on the main level). All Units have laundry with washer and dryer hook up. New shingled roof, cash cow! For more information, please contact Brad Closs 613-200-1000. See attachments for schedule B to accompany all offers. 48 hours irrevocable on all offers. 72 hours notice for all showings/inspections. (id:50982)

Ottawa, Ontario

Rare opportunity to own a side-by-side duplex in an exciting up-and-coming neighbourhood! Vacant side-by-side duplex, ready for multiple opportunities, use your imagination! Situated on a spacious lot in a centrally located area just minutes from the LRT, shopping, restaurants, schools and everyday amenities, this property offers exceptional flexibility for investors and owner-occupants alike. Each vacant unit features 3 generous bedrooms, 2 bathrooms, an attached private garage, ample driveway parking, and its own fully fenced backyard backing onto park space for added privacy. The utilities are all metered separately. With both units vacant, you have the rare advantage of setting your own rents from day one, renovating to maximize value, or moving into one side while generating income from the other. Inside, both homes offer welcoming front foyers with convenient closet space, main floor powder rooms, and spacious, functional living areas perfect for families or tenants. Patio doors lead directly to the private backyard oasis, creating an ideal indoor-outdoor lifestyle. Upstairs, each unit boasts an oversized primary bedroom with a comfortable sitting area and direct access to the full bathroom, while the second and third bedrooms are generously sized to accommodate double beds with ease. Surrounded by homes undergoing extensive renovations and new construction, this rapidly transforming neighbourhood continues to attract homeowners and investors alike, making this an outstanding opportunity to build long-term wealth in a location with tremendous upside. Whether you’re looking to expand your investment portfolio, renovate for increased value, or enjoy the financial advantages of living in one unit while renting the other, this versatile property offers endless possibilities at exceptional value. Book your showing today! (id:50982)

Ottawa, Ontario

“Walkable Lifestyle. Reliable Investment.” On one of most desirable urban streets, just steps from the Rideau Canal and moments to the cafés, restaurants, boutiques, and everyday conveniences of Golden Triangle and Elgin Street, this brick house ( presently 3 units) presents a rare opportunity for both investors and future owner-occupiers a like. The building showcases attractive heritage-inspired brick detailing. Fully rented and excellent tenant’s. Set on a quiet residential street lined with attractive homes and long-term neighbors, the property benefits from a location that continues to attract high-quality tenants seeking an urban lifestyle centered around walkability, green space, and community connection. The building comprises well-rented units with excellent tenants currently in place, generating annual rental income of $58,284.00. with approximately $20,866.67 in yearly expenses ( includes snow removal ). Rear laneway access provides parking and year-round convenience, with the lane maintained and plowed in winter months. Beyond the existing income potential, the property also offers long-term upside and flexibility. Whether maintained as a stable investment property, gradually updated to further enhance revenue potential, or eventually reimagined as a future owner-occupied residence with income support, the combination of location, lot size, brick construction, and neighborhood demand creates a compelling opportunity for growth over time. With a 30 x 93 ft lot, rear lane access and one of Ottawa’s most walkable urban settings, this is the kind of property that rarely loses relevance – a smart investment today and an exciting opportunity for the future. 3 units – one per floor – 3rd floor unit access at rear . Rear Lane allows for easy access -3 car parking. As well a shared right of way driveway with 89 Waverley. .Zoning N4B(478) Showing times 24 hour notice. (id:50982)

Ottawa, Ontario

Situated in the heart of sought-after Old Ottawa South, this classic 3-storey brick triplex offers an exceptional investment opportunity with 3 self-contained residential units and strong income potential. Ideally located within walking distance to shops, restaurants, parks, public transit, and Carleton University, this well-maintained property combines character, functionality, and convenience in one of Ottawa’s most desirable neighbourhoods. The main floor apartment features 2 bedrooms and 1 bathroom and is currently rented for $1,750/month + hydro. This unit offers updated flooring and kitchen, inside and rear access, as well as in-unit laundry with washer and dryer. The second floor apartment spans the second and third levels and is currently rented for $2,020/month + hydro. Offering 3 bedrooms, this spacious unit features a large living room with balcony access, updated 4-piece bathroom, laminate flooring, and a functional kitchen with in-unit laundry. The basement apartment offers excellent additional income potential with a projected market rent of approximately $1,500/month + hydro. This self-contained 1-bedroom unit includes an updated bathroom, renovated kitchen with eating area, living room, and in-unit laundry. A rare opportunity to own a versatile multi-unit property in a prime urban location with easy access to downtown, Lansdowne, Rideau Canal pathways, and everyday amenities. 24 hours notice, 24 hours irrevocable. (id:50982)

The Nation, Ontario

Welcome to this well-maintained triplex condo offering three spacious, fully tenanted units-an ideal addition to any investment portfolio. Each unit features a generous layout with walk-in closets and cozy gas fireplaces, adding comfort and appeal for tenants year-round. The top and middle level units enjoy private balconies, providing desirable outdoor living space. Located in the growing community of Limoges, this property offers stable rental income with strong long-term potential. A turnkey investment you won’t want to miss (id:50982)